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The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and reverses a part of the previous day's slide to the lowest level since late July. The recent verbal intervention from Japanese authorities, along with a slight deterioration in the global...
EUR/USD hit a fresh ten-week low on Monday, kicking off the new trading week with fresh losses. The euro slumped a quarter of a percent against the US dollar, breaking through the 200-day Exponential Moving Average (EMA) as USD strength offset a generally weaker EUR The latest European Central...
The Australian Dollar (AUD) gains ground due to the hawkish outlook surrounding the Reserve Bank of Australia (RBA). Recent data showed retail sales growth for August exceeding expectations, reducing the chances of an early rate cut from the RBA. Markets have nearly ruled out a rate cut in...
The British pound tumbled more than 1% against the euro and the U.S. dollar on Thursday after a The Guardian report that Bank of England Governor Andrew Bailey suggested more positive inflation data could lead the central bank toward a more aggressive approach to interest rate cuts. Sterling was...
The dollar index climbed above 101.7 on Thursday, rising for the fourth straight session to the highest in three weeks, as strong US private employment data supported the view that the Federal Reserve does not need to cut interest rates aggressively. An ADP report showed that 143,000 jobs...
The dollar traded weaker versus most Group-of-10 currencies, albeit in narrow ranges, as traders assess geopolitical risks. The Bloomberg Dollar Spot Index is little changed while the yield on 10-year Treasuries is up two basis points to 3.75%, versus Tuesday low at 3.69%. USD/JPY rises 0.4% to...
The U.S. dollar was calm on Friday as traders braced for comments from Federal Reserve Chair Jerome Powell, while Bank of Japan (BOJ) Governor Kazuo Ueda aimed to soothe lingering market nerves after a surprise rate hike last month. The yen was stronger at 145.78 per dollar after data showed...
The dollar traded near the lowest in more than a year against the euro and sterling on Thursday as a dovish Federal Reserve and fresh signs of weakness in the U.S. job market backed the case for interest rate cuts. The dollar sagged below the closely watched 145 yen mark as U.S. Treasury yields...
The dollar slipped to its lowest this year versus the euro on Wednesday as traders braced for potentially crucial revisions to U.S. payrolls data later in the day, ahead of a speech by Federal Reserve Chair Jerome Powell at the end of the week. The U.S. currency also dipped below the closely...
The dollar hung near a seven-month low on Tuesday on wagers the U.S. central bank will start cutting interest rates from next month, with traders preparing for comments from Federal Reserve Chair Jerome Powell on Friday. The weakness in the dollar lifted the euro to its highest this year, while...
The U.S. dollar was struggling to make headway against its peers on Monday, though it traded in a tight range as investors awaited fresh catalysts this week that could offer clues on the outlook for U.S. interest rates. Minutes of the Federal Reserve's July policy meeting and a speech from Chair...
The dollar hovered close to a one-week high against other major currencies on Friday, after the biggest drop in U.S. jobless claims in close to a year allayed fears of a looming economic downturn. The U.S. currency was steady against the Japanese yen following a three-day rebound, supported by a...
The yen hit choppy trading on Thursday after a sharp drop the day before in a volatile week in which investors have had to digest the unwinding of popular carry trades and how Japanese monetary policy might evolve. The yen swung between losses of 0.14% and a gain of 0.85%, having slid 1.6% on...
The yen dropped on Wednesday after an influential Bank of Japan official played down the chances of a near-term rate hike, soothing investors' concerns that a further jump in the Japanese currency could again rock global markets. The yen fell around 2.5% to a session low of 147.94 per dollar...
The pound resumed its decline against the dollar on Tuesday, falling to a five-week low, and steadied on the euro as markets calmed down after the previous day's sharp swings. Sterling was last down 0.6% against the dollar at $1.2699, its lowest since July 3. It has fallen around 2.6% from its...
The Japanese yen steadied on Tuesday and the Swiss franc was also softer as some of the most striking moves of recent days reversed somewhat, and a hint of calm returned to markets. The dollar was last at 144.75 yen, up 0.3% on the day, the first day it has traded higher on the Japanese currency...
The U.S. dollar fell in early European trade Friday after weak data fuelled fears of a sharp slowdown in the world's largest economy, potentially prompting the Federal Reserve to aggressively loosen monetary policy. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback...
Britain's pound fell to its lowest level in three weeks on Thursday, as traders waited for a knife-edge Bank of England decision later in the day. Sterling slid 0.7% to its lowest since July 10 at $1.2764. It also fell against the euro: the euro zone's single currency was up 0.33% at 84.48...
The U.S. dollar slipped lower Wednesday ahead of the conclusion of the latest Federal Reserve rate-setting meeting, while the Japanese yen soared after the Bank of Japan tightened its monetary policy. At 05:20 ET (09:20 GMT), the Dollar Index, which tracks the greenback against a basket of...
The U.S. dollar traded largely flat Tuesday, with traders wary ahead of the start of the latest Federal Reserve rate-setting meeting. At 05:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded just higher at 104.342, moving within...
