Tag: recede

Market Recap – Shares surge as hopes of fee cuts recede; USD, yields increased

Financial Indicators & Central Banks: Treasury yields elevated and US authorities bonds remained in a selloff after Fed Chair Powell pointed to fewer rate of interest cuts this yr than markets had been projecting. Robust...

Euro rises as inflation takes centre stage, financial institution fears recede By Reuters

© Reuters. FILE PHOTO: U.S. greenback banknotes are seen on this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Joice Alves LONDON (Reuters) - The euro rose in opposition to the U.S. greenback on...

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