LBLV provides an overview of economic news.
Website LBLV is available at -
The main economic news for Wednesday, June 12:
1. Dollar Hovers Near 11-Week Low
The dollar hovered near an 11-week low against its peers on Wednesday, weighed by expectations the U.S. Federal Reserve could cut interest rates some time in the next few months.
The dollar index versus a basket of six major currencies was effectively flat at , trading just above the level it hit on Monday, its lowest