Asia FX weakens, dollar strong after BoE hike, Powell comments

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Published Jun 23, 2023 12:30AM ET © Reuters. USD/JPY -0.05% Add to/Remove from Watchlist AUD/USD -0.92% Add to/Remove from Watchlist DX +0.23% Add to/Remove from Watchlist DXY +0.23% Add to/Remove from Watchlist USD/KRW +0.47% Add to/Remove from Watchlist USD/MYR +0.55% Add to/Remove from Watchlist Investing.com-- Most Asian currencies fell on Friday and the dollar strengthened after Federal Reserve Chair Jerome Powell reiterated the need for more rate hikes, while a bigger-than-expected rate hike from the Bank of England also rattled sentiment. Powell finished his by reiterating that U.S. interest rates could rise at least two more times this year to...