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On Thursday, the dollar surged to a two-week high due to strong economic data and weak Treasury auctions, signaling market ripples.
Wednesday saw the dollar rise as the Fed might delay rate cuts. The Aussie dollar stayed flat after strong inflation data.
Tuesday saw the dollar weaken slightly amid a rising risk appetite, holding steady in Asia with minimal currency movement.
The dollar started steady on Monday, with markets eyeing inflation data. Bullish sentiment fades as the US economy cools.
Friday saw the dollar's largest weekly rise in six weeks, driven by strong US economic data and stirring interest rate concerns.
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.
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 hesitated as the Aussie fell; China's capital outflows surged in April, with local firms buying the most foreign exchange since April 2016.
Investors await clues on US interest rates as the dollar holds steady. Fed officials are cautious despite weak inflation signals.
The dollar weakened versus the euro this week on signs of lower inflation and a softer US economy, raising Fed rate-cut expectations.
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.
The dollar hit a 1-month low vs. the euro before the US inflation report. Q1's high consumer prices spur a Fed rate cut reassessment.
Tues: Dollar steady, yen near 2-week low; Japan's April PPI unchanged, buoyed by higher crude oil prices.
The dollar steadied on Monday with softer US payrolls, easing inflation fears. Markets anticipate 61.2% odds of Fed rate cuts in September.
