Dollar firm as Fed officials urge patience on rate cuts

Category:
Updated:2024-05-21
News10

"Amid a paucity of economic data catalysts this week, trading ranges have narrowed across currency markets. The dollar remains on a solid footing however, bolstered by a drumbeat of 'high for long' messages from Fed officials," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

Reuters: Dollar firm as Fed officials urge patience on rate cuts

Discover how making the move to Corpay streamlines payments and strengthens your business.

Talk to an Expert