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The dollar tread water on Friday
2024-03-29
2023.3.29 USD flat, Q1 up vs. majors. Yen below 152 prompts a Japan emergency meeting. FM blames speculation and prepares an intervention.
The dollar consolidated on Thursday
2024-03-28
Fed governor Chris Waller's reassurance about interest rates, despite early-year inflation, steadied the dollar on Thursday.
The Australian dollar slipped on Wednesday
2024-03-27
Strong US data raised doubts on rate cuts, lifting the dollar and pushing the yen to a 30-year low. The Aussie slipped on weak inflation.
The Canadian dollar remains at 3-month lows
2024-03-26
Tuesday saw the dollar decline due to profit-taking and pressure from a firmer yen, fueled by ongoing Japanese government efforts to support it.
The yen continued to struggle on Monday
2024-03-25
On Monday, the dollar surged, keeping the yen near a multi-decade low. Despite recent warnings from officials, the yen remains subdued.
The dollar was set for a second week of gains
2024-03-22
The dollar is poised for a second week of gains as BOJ's rate hike fails to impress. The Swiss franc hits a 4-month low after a surprise SNB rate cut.
The dollar slid on Thursday
2024-03-21
Thursday saw the dollar drop post-Fed's steady interest rate cut projections. Australia surged with robust employment data from last month.
Yen near four-month low against dollar
2024-03-20
Wednesday: Yen near 4-month low vs. dollar, 16-year low vs. euro. Traders expect Japan to keep its accommodative monetary policy after the rate hike.
The yen fell sharply on Tuesday
2024-03-19
BOJ's end to negative rates caused the yen's sharp fall. The Australian dollar slipped too, as local rates remained steady.
The dollar remained unchanged on Monday
2024-03-18
Monday saw a stable dollar as traders awaited central bank meetings globally. The BOJ appears close to discontinuing negative rates.
The dollar was firm on Friday
2024-03-15
Friday saw a resilient dollar, poised to end a three-week slide fueled by inflation data suggesting prolonged Fed rate stability, sparking concerns.
The currency market was muted on Thursday
2024-03-14
Thursday saw a quiet currency market as traders awaited more US data for clues on Fed policy, leading to the consolidation of the US dollar.
Yen stabilizes after losses on Wednesday
2024-03-13
The US dollar steadies as inflation surpasses expectations, prompting doubts about the Fed's ability to justify multiple rate cuts this year.
The dollar held broadly steady on Tuesday
2024-03-12
The dollar remained stable before crucial US inflation data, while the pound stayed below its seven-month peak reached recently.
The yen firmed against the dollar on Monday
2024-03-11
Yen strengthened vs. dollar on BOJ's potential exit from negative rates next week, contrasting Fed's expected June rate cut.
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