The dollar dropped versus most major peers as geopolitical developments increased appetite for riskier assets.
The Bloomberg Dollar Spot Index halves a 0.3% drop which came at the back of hopes for a solution to the war in Ukraine; investors also awaiting clarity around possible reciprocal tariffs.
The euro led Group-of-10 gains earlier as it rose by as much as 0.6% to $1.0440, one-week high; while it pares gains, it's still headed for a third daily advance, longest winning streak this year.
USD/CHF down 0.7% to 0.9071, lowest since Feb. 7; Switzerland's inflation rate hit the lowest level in almost four years after the country saw widespread power-price cuts at the start of the year.
GBP/USD rallies by 0.6% to 1.2517, more than one-week high, before paring the advance; cable built on earlier gains after data showed the UK economy unexpectedly expanded 0.1% in the fourth quarter; economists forecast a 0.1% contraction.
USD/JPY down 0.3% to 153.90; it trails other G-10 peers as traders saw leveraged buying on dips.
Source: Bloomberg
The Japanese yen remains under pressure against the strengthening US dollar, reaching its lowest level since last February. Markets remain uncertain about when the Bank of Japan (BoJ) will raise inter...
The Japanese yen strengthened, breaking through 152 per US dollar on Wednesday (October 29th), continuing its two-day rally. Market participants are positioning themselves ahead of this week's Bank of...
The USD/JPY pair extends the rally to a two-week high near 152.65 during the early Asian session on Friday. The Japanese Yen (JPY) weakens against the US Dollar (USD) as traders weigh fresh US sanctio...
The Japanese yen weakened earlier this week following reports that the Liberal Democratic Party (LDP) and the Japan Innovation Party (JIP) had agreed to form a coalition government. This agreement ope...
USD/JPY pair edges higher to near 150.35, the highest since August 1, during the early Asian session on Tuesday. The Japanese Yen (JPY) weakens against the US Dollar (USD) on political stability conce...
Silver prices stabilized around $48.8 per ounce on Monday (November 3rd) after experiencing high volatility last week. Investors are now focused on the Federal Reserve's policy outlook after the Fed cut interest rates by 25 basis points last week....
The Japanese yen remains under pressure against the strengthening US dollar, reaching its lowest level since last February. Markets remain uncertain about when the Bank of Japan (BoJ) will raise interest rates, while Japan's new Prime Minister,...
Gold prices fell below $4,000 an ounce early in the Asian session on Monday (November 3rd) after China ended a long-standing tax break for some retailers. This new policy could depress demand in the world's largest gold market, which had been...
European stocks edged lower on Friday (October 31st), with the STOXX 50 and STOXX 600 down 0.1%, as corporate earnings remained in focus and...
Federal Reserve Bank of Dallas President Lorie Logan said she does not support the U.S. central bank's decision to cut interest rates this week and...
The Nasdaq Composite rose 0.7% and the S&P 500 gained 0.3% on Friday, led by a 10.8% surge in Amazon shares after the company said cloud revenue...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...