Thursday, 24 May 2012

Dollar Rises Vs Yen On Dudley's Less Dovish Tone


The dollar jumped higher against the yen after New York Fed President William Dudley said he doesn't see a need for additional monetary easing, and that he's leaning toward letting operation twist expire. The greenback rose to Y79.46 from Y79.37 before Dudley's interview with CNBC began. Next up is the advance report on US durable goods from April.


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