Dollar Down as Fed Minutes Hint at Tapering Discussion By Investing.com – Investing.com
- Date: 20-May-2021
- Source: Investing.com
- Sector:Economy
- Country:Middle East
Dollar Down as Fed Minutes Hint at Tapering Discussion By Investing.com – Investing.com
By Gina Lee
Investing.com – The dollar was down on Thursday morning in Asia as the U.S. Federal Reserve meeting minutes revealed that policymakers suggested a slowdown of bond purchase due to a sign of accelerating inflation.
The that tracks the greenback against a basket of other currencies inched down 0.08% to 90.123 by 11:53 PM ET (3:53 AM GMT).