William Dudley Boosted Dollar

Forex News

Today, Tokyo’s Nikkei staged a rally. The greenback has reinforced versus the yen as Fed officials hinted on another rate hike this year and lifted their inflation projections. Dow and S&P 500 reached new maximums. William Dudley (New York Federal Reserve Bank President) expressed his view on the economy. He claimed that if labour market keeps improving, salaries will start growing.