Market News
Dollar lower for second day as Middle East ceasefire hopes rise
Summary
- Yen steady, euro and sterling gain
- Ceasefire expectations rise but mixed signals keep FX markets cautious
- US jobs report and labour market outlook may influence Fed rate cut expectations
LONDON, April 1 (Reuters) - The dollar fell for a second day on Wednesday as expectations of a ceasefire in the Middle East conflict grew after the U.S. signalled that an end to the war could be near, even though markets remained on edge on fears of escalation.
