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The dollar was range-bound on Tuesday
The dollar was range-bound on Tuesday
2024-01-30
The dollar was range-bound on Tuesday, as traders awaited the Fed's monetary policy decision this week for clues on possible rate cuts.
The dollar started the week slightly higher
The dollar started the week slightly higher
2024-01-29
The dollar edged up on Monday as investors assessed US economic data before the Fed meeting. A 48% probability is assigned for a March rate cut.
The euro remained on the back foot on Friday
The euro remained on the back foot on Friday
2024-01-26
On Friday, the euro weakened as the ECB maintained its expected stance at the policy meeting. Investors increasingly anticipate a rate cut in April.
​China stocks seemingly roar back on increasing stimulus
​China stocks seemingly roar back on increasing stimulus
2024-01-26
China announced a cut in bank reserve interest rates, releasing 1 trillion yuan in liquidity and boosting the sluggish stock market.
The dollar showed a lack of direction on Thursday
The dollar showed a lack of direction on Thursday
2024-01-25
Thursday: Dollar near 6-week high lacks direction as investors await more data. Q4 US GDP growth expected at 2% - Reuters poll.
The dollar was on solid footing on Wednesday
The dollar was on solid footing on Wednesday
2024-01-24
Wednesday's robust dollar is due to stronger-than-expected jobs and inflation reports, causing investors to lower bets on Fed interest rate cuts in Q1.
The yen fell broadly on Tuesday
The yen fell broadly on Tuesday
2024-01-23
BOJ's expected ultra-easy policy keeps yen falling. Governor Ueda finds quantifying proximity to the 2% inflation target challenging.
​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.