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The dollar edged broadly lower on Thursday
The dollar edged broadly lower on Thursday
2024-02-22
The dollar dips as traders await business surveys to assess major economies. The Fed rate cut odds for May at around 30%.
The dollar fell broadly on Wednesday
The dollar fell broadly on Wednesday
2024-02-21
The dollar fell broadly on Wednesday as traders awaited the Fed's meeting minutes for rate outlook clues, due later in the day.
Contrarians nearly die out in the overextended market
Contrarians nearly die out in the overextended market
2024-02-21
Wall Street misjudged high interest rates' effect, missing the rebound. Now bullish, as market hits record high of 5,000.
The US dollar rose broadly on Tuesday
The US dollar rose broadly on Tuesday
2024-02-20
The US dollar surged Tuesday on expectations of prolonged high interest rates, while the Australian dollar fell despite China's LPR cut.
The dollar was steady on Monday
The dollar was steady on Monday
2024-02-19
Monday's steady dollar faces uncertain easing timing due to persistent inflation. Traders eye June for the first rate cut, per CME FedWatch.
​Yen bulls get reality check after a brutal January
​Yen bulls get reality check after a brutal January
2024-02-09
The Japanese yen has had a rough start to the year, falling about 5%. Inflation in Japan has cooled, and the U.S. economic outlook is optimistic.
The dollar came under pressure on Wednesday
The dollar came under pressure on Wednesday
2024-02-07
USD pressured by falling US Treasury yields, deepening market concerns. CAD rebounds, and the central bank seeks more time to address inflation. Oil rises, US crude inventories grow less than expected, and production records are tough to break.
The US dollar firmed near a three-month peak
The US dollar firmed near a three-month peak
2024-02-06
USD steadies near a 3-month high; the Fed is unlikely to cut rates in March. AUD rises on RBA, hinting at further tightening possibilities.
The dollar rose to an eight-week high on Monday
The dollar rose to an eight-week high on Monday
2024-02-05
The dollar surged to an 8-week high as traders reduced bets on aggressive Fed rate cuts. Simultaneously, the Canadian dollar hit a one-week low.
The dollar fell broadly on Friday
The dollar fell broadly on Friday
2024-02-02
Friday's tech earnings on Wall Street lifted risk appetite, causing the dollar's broad decline and marking its first weekly loss this year.
The dollar neared a 7-week high against the euro
The dollar neared a 7-week high against the euro
2024-02-01
Thursday saw the dollar near a seven-week high against the euro after Fed Chair Jerome Powell resisted March interest rate cuts.
Dollar's largest monthly gain since September
Dollar's largest monthly gain since September
2024-01-31
The dollar sees its biggest monthly gain since September; the yen faces its sharpest drop in a year. The Fed and BOJ may delay expected rate changes.
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.