Friday, 19 April 2024
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GBP/USD

US Dollar Modestly Firmer After Strong Data, Fed Comments
Friday, 19 April 2024 05:55 WIB | Us dollar

The dollar drifted higher on Thursday as a mixed batch of U.S. data did little to shake views that the economy is still on solid ground, suggesting the Federal Reserve will likely delay the timing of its first rate cut since 2020 to later this year. Comments from New York Fed President John...


Dollar rally stalls after rare FX warning from finance chiefs
Thursday, 18 April 2024 21:59 WIB | Usd/jpy

The dollar fell for a second day on Thursday after a rare warning by the finance chiefs of the United States, Japan and Korea over the sharp decline in other currencies, which in turn offered the yen some rare respite. The yen got a modest lift after Japan's top currency diplomat Masato Kanda...


Sterling holds at five-month low after UK labour data
Tuesday, 16 April 2024 23:25 WIB | Gbp/usd

Sterling stayed at a five-month low versus the dollar on Tuesday, after data showed Britain's unemployment rate rose by more-than-expected. The pound was last flat on the day against the dollar at $1.24475, having touched its lowest since Nov. 17, earlier in the session. It was also steady...


Dollar Extends Rally as Hedging Costs March North
Tuesday, 16 April 2024 22:54 WIB | Us dollar

The Bloomberg Dollar Spot Index headed for a fifth day of gains for the first time in three months amid a recalibration of Federal Reserve policy bets and risk aversion. BBDXY is up by as much as 0.3%, a fresh five-month high; money markets price in 42 basis points of total easing by...


Dollar Advances Amid Inflation Fears, Haven Demand
Tuesday, 16 April 2024 06:28 WIB | Us dollar

The dollar edged up amid a new year-to-date high in Treasury yields after a strong retail sales report and as markets await repercussions of Iran’s weekend attack on Israel. The Bloomberg Dollar Index is up marginally after being down earlier; it rose last week by the most since...


Dollar Slips Amid Iran Attack; Yen Retreats
Monday, 15 April 2024 21:38 WIB | Usd/jpy

A gauge of the dollar edged lower but held the bulk of Friday’s gains as traders mulled the escalation of tensions in the Middle East. The Bloomberg Dollar Index slipped 0.1% Monday, halting a three-day advance; Ten-year Treasury yields rose four basis points bps to 4.55%. Brent crude oil...


US Dollar Rallies on Safe-Haven Bids, Rate Cut Delay; Yen Hits 34-Year Low
Saturday, 13 April 2024 09:58 WIB | Usd/jpy

The U.S. dollar rose to its highest since November on Friday, boosted by safe-haven demand amid geopolitical tension in the Middle East as well as increasing divergence in monetary policy between the Federal Reserve and other major central banks. The dollar index was on track to post its largest...


USD Holds Near Five-Month High, Yen Stabilizes
Thursday, 11 April 2024 21:21 WIB | Usd/jpy

A gauge of the dollar held near its highest level since November as repricing of the Federal Reserve’s interest-rate path continued after a hot US inflation print. The yen climbed after strong comments from top Japanese officials. The Bloomberg Dollar Spot Index advanced 0.1%; it gained...


Dollar firm ahead of US CPI release; yen to face crucial test
Wednesday, 10 April 2024 20:07 WIB | Usd/jpy

The dollar consolidated on Wednesday ahead of a key inflation report later in the day, while the yen remained a whisker away from what markets believe to be the line in the sand for Japanese authorities to intervene. The kiwi, meanwhile, briefly jumped to a three-week high after the Reserve Bank...


Dollar Steadies With US CPI in Focus, Yen Near 152
Tuesday, 9 April 2024 22:30 WIB | Us dollar

The dollar traded mixed versus its Group-of-10 peers and within tight ranges as the market is in waiting mode ahead of Wednesday’s CPI data out of the US and the release of the Federal Reserve’s March minutes.  Bloomberg Dollar Spot Index is nearly flat after falling 0.1% on Monday; yield on...


US Dollar Skids Ahead of Inflation Data; Yen Not Far from 1990 Lows
Tuesday, 9 April 2024 09:14 WIB | Usd/jpy

The dollar slid on Monday as investors focused on U.S. inflation data due later this week, while the yen dipped to near 34-year lows, with traders remaining alert for any potential action from Japanese authorities to support the weakening currency. The greenback fluctuated last week as traders...


Dollar Stirred Up By Geopolitics, Pre-Jobs Jitters
Saturday, 6 April 2024 01:27 WIB | Us dollar

The dollar headed for its first weekly loss in a month on Friday, but pulled away from two-week lows, ahead of a key U.S. jobs report later in the day, while tensions in the Middle East kept investors on edge. Demand for safe-haven currencies, along with more warnings from Japanese authorities,...


Dollar Edges Down After Data, Yen Squeezed, Swiss Franc at Multi-Month Lows
Friday, 5 April 2024 02:14 WIB | Usd/jpy

The dollar hit a one-week low on Thursday as economic data supported expectations for quick rate cuts in the United States, while the battered yen was little changed against other majors. An unexpected slowdown in U.S. services growth had knocked the dollar lower on Wednesday. However, for the...


Dollar Dips Ahead of US Jobs Data; Yen Squeezed
Thursday, 4 April 2024 22:08 WIB | Usd/jpy

The dollar traded below recent peaks on Thursday as investors waited on this week's U.S. labour data to guide the interest rate outlook, while the battered yen slid against other majors. An unexpected slowdown in U.S. services growth had knocked the dollar lower on Wednesday. For the year so far...


Steady Dollar Has Yen Pinned Near Key Level of 152
Thursday, 4 April 2024 01:33 WIB | Usd/jpy

The dollar index held near its highest level in over four months on Wednesday, pinning the yen close to its lowest its decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency. The euro was steady at $1.0776 as was the pound at...


US Dollar Rises Early Monday, Focus Turns to March Employment Data, Powell
Tuesday, 2 April 2024 01:50 WIB | Us dollar

The US dollar rose against its major trading partners early Monday as US markets returned from a long weekend and turned their attention to Friday's March employment data. Monday's schedule includes manufacturing estimates for March from S&P Global at 9:45 am ET, followed by the the Institute...


Dollar Firm After Fed Comments; Yen Under Close Watch
Thursday, 28 March 2024 15:04 WIB | Us dollar

The U.S. dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn't in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data. Meanwhile, although still not far from the 152 mark, the yen was holding its ground...


Yen Hits 34-Yr Low Ahead of Key U.S. Inflation Data
Thursday, 28 March 2024 01:59 WIB | Usd/jpy

The yen dropped to its lowest level since 1990 on Wednesday, into the zone that triggered intervention by Japanese authorities in 2022, prompting the finance minister to warn Japan would take "decisive steps" against excessive currency moves. The dollar briefly rose to 151.97 yen in the Asia...


Japan's Yen Hits 34-Year Low, Sparking Intervention Warnings
Wednesday, 27 March 2024 23:39 WIB | Usd/jpy

The yen dropped to its lowest level since 1990 on Wednesday, into the zone that triggered intervention by Japanese authorities in 2022, prompting the finance minister to warn Japan would take "decisive steps" against excessive currency moves. The dollar briefly rose to 151.97 yen in the Asia...


Dollar Steadies, Yen Teeters Ahead Of Key US Inflation Data
Wednesday, 27 March 2024 15:55 WIB | Usd/jpy

The dollar steadied on Wednesday in the wake of more strong U.S. economic data, nudging the Japanese yen closer to a test of levels that drew official market intervention back in 2022. The yen traded at 151.52 per dollar early in the Asia session, within a whisker of 151.94 where Japanese...



Fed's Powell: Restrictive Policy Needs Further Time to Work
Wednesday, 17 April 2024 00:53 WIB

Federal Reserve (Fed) Chairman Jerome Powell participates in a fireside chat about economic trends in North America at the Wilson Center's...

New US Home Construction Falls to Lowest Level Since August
Tuesday, 16 April 2024 19:46 WIB

New home construction in the US slowed last month as consumers try to wait out high mortgage rates in hopes borrowing costs will ease later this...

China's Economic Momentum Shows Signs of Cooling
Tuesday, 16 April 2024 09:12 WIB

China's economic momentum showed signs of cooling in March after a strong start in the first two months of the year, official data showed...

UK Unemployment Rate Climbs to 4.2% in Quarter to February vs. 4.0% Expected
Tuesday, 16 April 2024 13:24 WIB

The United Kingdom's (UK) ILO Unemployment Rate came in at 4.2% in the three months to February, rising from 3.9% in the previous period, data...

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