Dollar Steadies As September Rate Cut Back in Focus; Yen Wobbles on Intervention Watch

The dollar inched away from five-week lows on Tuesday, as investors weighed the case for a September rate cut following comments by Fed Chair Jerome Powell and considered rising odds for the re-election of former U.S. President Donald Trump. The slight strengthening of the dollar put the Japanese yen back under pressure, with traders wary … Continue reading Dollar Steadies As September Rate Cut Back in Focus; Yen Wobbles on Intervention Watch