Australia's dollar held an intraday gain after the Reserve Bank of Australia left rates unchanged but reiterated that returning inflation to target was its highest priority.
AUD/USD gained 0.4% to 0.6269, at session highs; it moved upward after Governor Bullock said that the board did not explicitly discuss a rate cut, while swaps traders held May rate-cut bets to about 80%
The Bloomberg Dollar Spot Index eased 0.1% and Treasury yields fell across the curve ahead of President Donald Trump's announcement of his reciprocal tariff plan on April 2 in the White House Rose Garden, featuring country-based tariffs
"On balance, we are left with hawkish risks from the RBA," Josh Williamson at Citigroup Inc. in Sydney said in a research note; "The door appears to be closing on our view of a May interest rate cut"
USD/JPY fell 0.2% to 149.59. The yield on 10-year Treasuries slipped one basis point to 4.195%.
EUR/USD rises 0.1% to 1.0827 ahead of euro-zone inflation data that may affect the ECB's interest rate decision later this month.
Source: Bloomberg
The Australian dollar strengthened to around $0.651 on Friday, recouping some losses in the previous session, as a surge in iron ore prices, driven by renewed optimism over Chinese economic support, l...
The Australian dollar weakened to below $0.650 on Thursday, pulling back gains from the previous session, as weaker-than-expected labor data reinforced expectations of an RBA rate cut in August. The ...
The Australian dollar strengthened to around $0.653 on Wednesday, snapping a three-day losing streak, as investors turned their attention to Thursday's labor market data, which could provide fresh ins...
The Australian Dollar (AUD) weakened further against the US Dollar (USD) on Tuesday following the release of US inflation data that dampened hopes for a near-term interest rate cut. The Greenback surg...
The Australian dollar edged higher to around $0.654 on Tuesday, following a notable decline in the previous session, largely driven by renewed optimism over US President Donald Trump's willingness to ...
The EUYR/USD finished Friday's session with gains of over 0.26% amid a weaker US Dollar, following dovish comments by Fed Governor Christopher Waller, which weighed on US Treasury yields. Still, an improvement in Consumer Sentiment capped the...
The U.S. dollar slipped against the euro on Friday but held on to weekly gains, as investors weighed expected Federal Reserve policy amid signs that tariffs may be starting to increase some inflation pressures and as U.S. President Donald Trump...
Former U.S. President Donald Trump threatened to impose tariffs on members of the BRICS group of nations on Friday, warning the alliance would quickly collapse if it ever becomes a significant economic force. "When I heard about this group from...
Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S....
Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut interest rates at the end of...
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data...
The S&P 500 briefly touched an all-time high before hovering flat in the afternoon session, while the Nasdaq dipped 0.2% as investors weighed...