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The dollar rose on the year's first trade
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
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
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
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
​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
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
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
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.
The dollar steadied on Wednesday
The dollar steadied on Wednesday
2023-12-20
Wednesday: The dollar stabilizes as the Fed downplays rate-cut bets. Range-bound in 2023 amid expectations of prolonged higher rates.
The yen fell against the dollar on Tuesday
The yen fell against the dollar on Tuesday
2023-12-19
Tuesday: Yen falls vs. dollar as BOJ keeps its ultra-loose policy. Eyes on Ueda's press conference for negative rate exit signals.
The US dollar opened lower this week
The US dollar opened lower this week
2023-12-18
The US dollar opened lower, continuing its decline post-Fed meeting, signaling potential 2023 rate cuts. The yen stabilized after last week's 2% rise.
The dollar faces its worst week since July
The dollar faces its worst week since July
2023-12-15
The dollar is poised for the biggest weekly drop since July as the Fed signals next-year rate cuts. European central banks maintain restrictive policies.
BOE is set to give sterling a boost
BOE is set to give sterling a boost
2023-12-14
The Bank of England shifts, but rate cuts are uncertain. The UK battles inflation, forecasted at 3.6% in March—higher than the US and Eurozone.
The dollar slipped on Thursday - EBC Daily Snapshot
The dollar slipped on Thursday - EBC Daily Snapshot
2023-12-14
Thursday saw the dollar dip as the Fed's new economic outlook suggested the end of the interest-rate hike cycle, signaling a policy shift in 2024.
The dollar ticked up slightly on Wednesday
The dollar ticked up slightly on Wednesday
2023-12-13
The dollar rose ahead of the final Fed meeting this year. The unexpected US consumer price increase in November tempered expectations.