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The currency market was muted on Thursday
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
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
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
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
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
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?
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
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
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
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
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
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.