Previous close | 5.8400 |
Open | 5.6400 |
Bid | 4.8100 |
Ask | 4.8400 |
Strike | 515.00 |
Expiry date | 2024-06-28 |
Day's range | 4.6900 - 5.8200 |
Contract range | N/A |
Volume | |
Open interest | 3.28k |
Fed Chair Jerome Powell reiterated his stance that the central bank will need to remain patient and see further progress on inflation before reducing interest rates.
A crucial reading of inflation faces investors in the week ahead after a string of disappointing reports to start the year dampened investors' interest rate cut hopes.
The Utilities and Consumer Staples sectors have popped since mid-April as investors search for value.