The Commentariat Makes A Big Deal Of Yellen’s Comments, Markets Don’t – Investing.com

  • Date: 06-May-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Middle East
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The Commentariat Makes A Big Deal Of Yellen’s Comments, Markets Don’t – Investing.com

Disappointing German, French and Italian PMI reports helped send the to almost $1.1985, its lowest level in about two and a half weeks, and weighed on other regional currencies. The dollar-bloc currencies were doing firmer, led by the .

The Reserve Bank of New Zealand indicated it was prepared to tighten mortgage restrictions further, and it reported an unexpected decline in in Q1.

Emerging market currencies were mostly lower, led by Eastern and Central Europe.  Asian currencies were quiet, with China, Japan, and South Korea markets closed for holidays. The JP Morgan Emerging Market Currency was lower for the second session and the fourth in the past five.