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The dollar tracked toward monthly gains on Thursday
The dollar tracked toward monthly gains on Thursday
2024-02-29
The dollar edged higher before key inflation data, while the Swiss franc remains weakest among G10 currencies this month.
The dollar inched up on Wednesday
The dollar inched up on Wednesday
2024-02-28
Despite US durable goods orders falling more than expected, the dollar edged up on Wednesday. The market mostly excludes a Fed rate cut before June.
​Gas prices suffer triple blow
​Gas prices suffer triple blow
2024-02-28
U.S. natural gas prices hit a 3-year low due to a warm winter, excess inventory, and high production. European prices are back to pre-invasion levels.
The dollar fell on Tuesday
The dollar fell on Tuesday
2024-02-27
Dollar dropped Tuesday, with markets eyeing upcoming economic data. Expectations for rate cut shifted to June from May, per CME's FedWatch Tool.
The dollar was on the front foot on Monday
The dollar was on the front foot on Monday
2024-02-26
Monday saw the dollar gain ground ahead of a busy week packed with crucial economic updates, offering insight into global interest rate trends.
​Traders brace for pound rally against euro
​Traders brace for pound rally against euro
2024-02-23
Pound drops against the euro, and the Bank of England's stance diverges. UK growth is sluggish; forecasts were revised slightly higher.
The yen dropped its fourth week against the dollar
The yen dropped its fourth week against the dollar
2024-02-23
Yen eyes a fourth weekly drop vs. the dollar as investors seek higher yields. Weakest G10 currency in 2024, with fewer rate cuts expected elsewhere.
The dollar edged broadly lower on Thursday
The dollar edged broadly lower on Thursday
2024-02-22
The dollar dips as traders await business surveys to assess major economies. The Fed rate cut odds for May at around 30%.
The dollar fell broadly on Wednesday
The dollar fell broadly on Wednesday
2024-02-21
The dollar fell broadly on Wednesday as traders awaited the Fed's meeting minutes for rate outlook clues, due later in the day.
Contrarians nearly die out in the overextended market
Contrarians nearly die out in the overextended market
2024-02-21
Wall Street misjudged high interest rates' effect, missing the rebound. Now bullish, as market hits record high of 5,000.
The US dollar rose broadly on Tuesday
The US dollar rose broadly on Tuesday
2024-02-20
The US dollar surged Tuesday on expectations of prolonged high interest rates, while the Australian dollar fell despite China's LPR cut.
The dollar was steady on Monday
The dollar was steady on Monday
2024-02-19
Monday's steady dollar faces uncertain easing timing due to persistent inflation. Traders eye June for the first rate cut, per CME FedWatch.
​Yen bulls get reality check after a brutal January
​Yen bulls get reality check after a brutal January
2024-02-09
The Japanese yen has had a rough start to the year, falling about 5%. Inflation in Japan has cooled, and the U.S. economic outlook is optimistic.
The dollar came under pressure on Wednesday
The dollar came under pressure on Wednesday
2024-02-07
USD pressured by falling US Treasury yields, deepening market concerns. CAD rebounds, and the central bank seeks more time to address inflation. Oil rises, US crude inventories grow less than expected, and production records are tough to break.
The US dollar firmed near a three-month peak
The US dollar firmed near a three-month peak
2024-02-06
USD steadies near a 3-month high; the Fed is unlikely to cut rates in March. AUD rises on RBA, hinting at further tightening possibilities.