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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.
The dollar sees its largest weekly drop this year
2024-03-08
The dollar faces the biggest weekly drop of 2024 as Fed Chair Powell hints at rate cuts. The euro reaches a nearly two-month peak.
Yen peaked vs. dollar Thursday
2024-03-07
Yen hit one-month high vs. dollar Thursday; BOJ member Junko Nakagawa cited Japan's economy moving steadily to 2% inflation target.
A hell year for the safe-haven Swiss franc?
2024-03-07
The Swiss economy is performing strongly, but inflation is slowing, which could lead the central bank to cut interest rates sooner.
The US dollar was largely steady on Wednesday
2024-03-06
US dollar steady Wed before Fed Chair Powell's congressional testimony. Expected to emphasize waiting for more data before rate cuts.
The US dollar moved sideways on Tuesday
2024-03-05
US dollar held steady Tuesday with traders cautious before key economic data. Canadian dollar weakened due to waning oil prices.
The US dollar drifted within a tight range on Monday
2024-03-04
Monday saw the US dollar in a narrow band due to reduced Treasury yields, as the Japanese yen hovered around 150 per dollar, drawing close attention.
The US dollar was steady on Friday
2024-03-01
US dollar steady post data indicating persistent yet gradual inflation easing. Canadian dollar strengthens on upbeat GDP report.
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