Dollar Strengthens on Rising U.S. Inflation; Yen Weakens Against Euro and Dollar
Key Takeaways: 💲 The U.S. dollar strengthened after a higher-than-expected inflation reading for the first quarter, delaying the Federal Reserve’s easing cycle. 📉 The yen reached a 34-year low against the dollar and a 16-year low against the euro due to expectations of a less hawkish Bank of Japan policy. 📊 U.S. gross domestic product … Read more