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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
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
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
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
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
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
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.
The dollar rose on the year's first trade
2024-01-02
The dollar rose on the first trading day of the year, with attention on this week's economic data for clues on the Fed's next move.
The dollar was set to end 2023 lower
2023-12-29
The dollar is poised to finish 2023 lower, halting two years of gains. The market anticipates the Fed rate easing by March, causing the decline.
The dollar nursed steep losses on Thursday
2023-12-28
On Thursday, the dollar posted steep losses, set for a yearly decline. The Swiss franc hit a 9-year peak, and the euro hit a 5-month high.
The dollar remained under pressure on Wednesday
2023-12-27
Dollar weak, euro near 4-month high on Fed rate cut expectations. Holiday-related low trading volumes are expected until the New Year.
Asset managers run ahead of BOJ
2023-12-27
Bank of Japan to end easing, sparking yen optimism. Despite hitting new highs against the USD, it fell 8.5% for the year.
The dollar started the week on the back foot
2023-12-26
The dollar started the week on the back foot on Tuesday in holiday-thinned trade as currency moves were largely muted in the day after Christmas.
The dollar traded above a more than four-month low
2023-12-22
Friday saw the dollar above a four-month low, awaiting a crucial inflation report to gauge the Fed's potential interest rate cuts in the coming year.
Sterling extended its loss on Thursday
2023-12-21
Sterling extended losses Thursday, marking its steepest two-month drop after British inflation unexpectedly hit a two-year low in October.
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