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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
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.
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
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
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
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
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
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
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
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
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
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
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
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
2024-05-27
The dollar started steady on Monday, with markets eyeing inflation data. Bullish sentiment fades as the US economy cools.
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