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Major Safe-Haven Currencies Slipped on Wednesday
Major Safe-Haven Currencies Slipped on Wednesday
2024-06-05
The dollar strengthened before central bank meetings, according to economic data. Safe havens weakened as investors chased higher yields.
USD/EUR/GBP near 3-month low
USD/EUR/GBP near 3-month low
2024-06-04
The dollar hit a low against the euro and sterling on Tuesday as softening US economy signals raised chances of earlier Fed rate cuts.
The Australian Dollar was Boosted on Monday
The Australian Dollar was Boosted on Monday
2024-06-03
The dollar is steady as traders bet on stable US inflation for a potential Fed rate cut; the Aussie trims gains from Asian factory growth.
Yen Hits 4-Week Low in Friday Trading
Yen Hits 4-Week Low in Friday Trading
2024-05-31
The dollar steadied Friday after a Q1 US GDP revision hinted at Fed rate cuts. The yen stayed above its four-week low on stable price growth.
The Dollar scaled a two-week peak on Thursday
The Dollar scaled a two-week peak on Thursday
2024-05-30
On Thursday, the dollar surged to a two-week high due to strong economic data and weak Treasury auctions, signaling market ripples.
The Australian Dollar was Unaffected on Wednesday
The Australian Dollar was Unaffected on Wednesday
2024-05-29
Wednesday saw the dollar rise as the Fed might delay rate cuts. The Aussie dollar stayed flat after strong inflation data.
Eurozone Inflation Rises on Tuesday
Eurozone Inflation Rises on Tuesday
2024-05-28
Tuesday saw the dollar weaken slightly amid a rising risk appetite, holding steady in Asia with minimal currency movement.
The dollar made a steady start to the week on Monday
The dollar made a steady start to the week on Monday
2024-05-27
The dollar started steady on Monday, with markets eyeing inflation data. Bullish sentiment fades as the US economy cools.
The Dollar Headed for Its Largest Weekly Rise in a Month
The Dollar Headed for Its Largest Weekly Rise in a Month
2024-05-24
Friday saw the dollar's largest weekly rise in six weeks, driven by strong US economic data and stirring interest rate concerns.
The Dollar Hovered near a One-Week High on Thursday
The Dollar Hovered near a One-Week High on Thursday
2024-05-23
Thursday saw the dollar near a one-week peak after its strongest day this month, spurred by Fed minutes hinting at potential rate hikes ahead.
Most major currencies continued to move in a tight range
Most major currencies continued to move in a tight range
2024-05-22
With little economic data this week, major currencies stayed stable on Wednesday, but the pound rose on hotter-than-expected UK inflation data.
The dollar struggled for direction on Tuesday
The dollar struggled for direction on Tuesday
2024-05-21
The dollar hesitated as the Aussie fell; China's capital outflows surged in April, with local firms buying the most foreign exchange since April 2016.
The yen was trading around 156 on Monday
The yen was trading around 156 on Monday
2024-05-20
Investors await clues on US interest rates as the dollar holds steady. Fed officials are cautious despite weak inflation signals.
Dollar's biggest 2.5-month fall vs. euro Friday
Dollar's biggest 2.5-month fall vs. euro Friday
2024-05-17
The dollar weakened versus the euro this week on signs of lower inflation and a softer US economy, raising Fed rate-cut expectations.
US Dollar Slips to Multi-Month Lows on Thursday
US Dollar Slips to Multi-Month Lows on Thursday
2024-05-16
US core inflation hits a 3-year low, causing the dollar to plummet; the Australian dollar also falls from a 4-month peak due to a weak jobs report.