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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.
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
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
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
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
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
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
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
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
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
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
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.
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