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The Euro Hovers Near Lows on Monday
The Euro Hovers Near Lows on Monday
2024-06-18
The dollar stayed firm Monday as investors awaited US economic signals. The euro hovered near a one-month low amid Europe's political turmoil.
The Yen Fell to An Over One-Month Low on Friday
The Yen Fell to An Over One-Month Low on Friday
2024-06-18
The yen hit a 1-month low Friday as the BOJ held rates and announced future bond buying cuts, contrary to market expectations for this month.
The Dollar Remained Steady on Wednesday.
The Dollar Remained Steady on Wednesday.
2024-06-14
The dollar steadied on Wednesday after a four-week high. Markets see a 56% chance of a September rate cut, per the CME FedWatch tool.
Major currencies rose against the dollar on Thursday
Major currencies rose against the dollar on Thursday
2024-06-13
Major currencies held gains as a weaker dollar followed softer-than-expected US inflation. Markets still expect two 25 bps cuts this year.
Dollar Strengthens Against Euro and Yen on Tuesday
Dollar Strengthens Against Euro and Yen on Tuesday
2024-06-12
The dollar surged on Tuesday, hitting a one-month high against the euro and a one-week peak versus the yen, buoyed by strong job data from last week.
Dollar Stays Near Eight-Week Low
Dollar Stays Near Eight-Week Low
2024-06-10
The dollar hovered near an 8-week low Friday, awaiting a key US jobs report for Fed policy clues. Markets expect a 50 bps cut by year-end.
Fed Expectations Rise on Thursday
Fed Expectations Rise on Thursday
2024-06-07
On Thursday, the dollar weakened as markets bet on a Fed easing cycle this year. Nearly 50 bps rate cuts are anticipated, starting in September.
Major Safe-Haven Currencies Slipped on Wednesday
Major Safe-Haven Currencies Slipped on Wednesday
2024-06-06
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.
Yen Hits 4-Week Low in Friday Trading
Yen Hits 4-Week Low in Friday Trading
2024-06-04
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 Australian Dollar was Boosted on Monday
The Australian Dollar was Boosted on Monday
2024-06-04
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.
The Dollar scaled a two-week peak on Thursday
The Dollar scaled a two-week peak on Thursday
2024-05-31
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
2024-05-30
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
2024-05-30
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.