Trump says his choice for Federal Reserve Chair is down to 4 people:
- Two Kevins and two others
He also says he'll be announcing the new Fed Governor (to replace Kugler) by the end of the week.
Trump says his choice for Federal Reserve Chair is down to 4 people:
He also says he'll be announcing the new Fed Governor (to replace Kugler) by the end of the week.
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India’s central bank likely sold US dollars before the 9:00 a.m. IST open, traders say, lifting the rupee to 90.46 per dollar, up 0.26%. A state-run bank was seen aggressively selling dollars on behalf of the RBI.
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Bloomberg reports hedge funds are rebuilding bullish yen bets as the “buy Japan” trade gains momentum. Options data show rising demand for USD/JPY downside, even after strong US jobs data supported the dollar.
WEN faces Q4 revenue decline amid peer strength. Analysts see $0.14 EPS, target $9.38.
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Japan’s top currency diplomat Mimura says authorities have not lowered their guard against FX volatility after the yen rebounded from near 160 per dollar. He declined to comment on rate-check speculation and stressed close contact with US officials.
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