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​Euro teeters between ECB hawks and crippled Germany
​Euro teeters between ECB hawks and crippled Germany
2024-01-19
The euro weakens to a near 1-month low amid a bleak economic outlook. The ECB predicts a Q4 2024 contraction. Contrast with the US adds pressure.
The dollar hovered near a one-month peak
The dollar hovered near a one-month peak
2024-01-18
Thu saw the dollar near a one-month peak post strong US retail sales, signaling persistent inflation. The market still expects a 150 bps cut in 2024.
The dollar index hovered at a one-month high
The dollar index hovered at a one-month high
2024-01-17
Fed Governor Waller's comments tempered rate-cut expectations, keeping the dollar index near a one-month high on Wednesday.
The dollar rose on Tuesday
The dollar rose on Tuesday
2024-01-16
Tuesday saw the dollar climb, with reduced expectations for Fed rate cuts after the ECB's hawkish remarks. The euro lost momentum.
The dollar eased on Monday
The dollar eased on Monday
2024-01-15
The dollar weakened on renewed expectations of early Fed rate cuts. An unexpected fall in producer prices indicates a continued decline in inflation.
The dollar held steady on Friday
The dollar held steady on Friday
2024-01-12
Friday: The dollar steadies amid mixed inflation data vs. expectations of imminent Fed rate cuts. Traders see a 73.2% chance of March cuts.
​Oil prices in tailspin amid supply and demand worries
​Oil prices in tailspin amid supply and demand worries
2024-01-12
In the first week of 2024, tensions in the Middle East blocked Red Sea shipping, Iran retaliated by seizing cargo ships, and Lebanon threatened Israel.
The dollar drifted lower on Thursday
The dollar drifted lower on Thursday
2024-01-11
On Thursday, the dollar slipped, anticipating a cooling inflation report. Sterling rose on positive market sentiment, extending its gains.
The dollar was steady on Wednesday
The dollar was steady on Wednesday
2024-01-10
USD steadied ahead of US inflation data; potential impact on Fed policy. The futures market suggests a 64% chance of rate cuts in March.
​UK assets look dim in an election year
​UK assets look dim in an election year
2024-01-10
The pound gave up its 2023 gains as the dollar rebounded, but Britain showed signs of adapting to higher interest rates.
The dollar digested its gains on Tuesday
The dollar digested its gains on Tuesday
2024-01-09
Dollar digested gains on Tuesday; traders expect multiple Fed cuts this year due to slowing US inflation. Yen rebounded from a three-week low.
The dollar edged broadly higher on Monday
The dollar edged broadly higher on Monday
2024-01-08
The dollar rose Monday with a subdued risk appetite. A key inflation report later in the week may clarify the Fed's interest rate path.
Dollar set for the best week since July
Dollar set for the best week since July
2024-01-05
Friday saw the dollar's strongest week since July, boosted by a robust ADP jobs report, awaiting confirmation from later official data.
The dollar edged higher on Thursday
The dollar edged higher on Thursday
2024-01-04
The dollar rose on Thursday; investors tempered Fed rate-cut expectations. Caution prevails after last month's risk rally, impacting markets.
The dollar dipped from a two-week peak on Wednesday
The dollar dipped from a two-week peak on Wednesday
2024-01-03
Wednesday: The dollar eased from a 2-week high, supported by factors like Treasury yields and cautious market sentiment, impacting Wall Street.