- US Treasury Sec. Yellen told bankers more mergers may be necessary – CNN
Noticias del mercado
19 mayo 2023
US Treasury Sec. Yellen told bankers more mergers may be necessary – CNN
Treasury Secretary Janet Yellen told bank CEOs that more bank mergers may be necessary, CNN reported. The comments triggered risk aversion and weighed on the US Dollar.
“Sources tell CNN that bank mergers were discussed during Yellen’s meeting with bank CEOs”, the network reported.
Market reaction
The US Dollar extended losses across the board, with the DXY falling 0.40%. USD/JPY lost more than 50 pips, falling to 137.50 and XAU/USD jumped from $1,960 to $1,975.
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