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The Yen Was Off its Seven-Week Low
The Yen Was Off its Seven-Week Low
2024-10-11
The dollar held seven-week highs on Tuesday as investors cut rate-cut bets after a strong jobs report, while Middle East tensions weighed on it.
The Yen Dipped to its Lowest Level in Nearly Two Months
The Yen Dipped to its Lowest Level in Nearly Two Months
2024-10-11
The dollar rallied on strong US jobs data and escalating Middle East conflict, while the yen fell to its lowest level in nearly two months.
The Dollar Rose More Than 2% Last Week
The Dollar Rose More Than 2% Last Week
2024-10-04
The dollar rose on Monday, up over 2% last week. Investors will examine remarks from Fed officials this week after a major rate cut.
Eurozone Inflation Dropped to 1.8% Last Month
Eurozone Inflation Dropped to 1.8% Last Month
2024-10-04
The dollar gained support Thursday as the Fed is not expected to cut interest rates soon, while the euro stayed near a three-week low.
The Yen Stabilized Mid-Range Last Month
The Yen Stabilized Mid-Range Last Month
2024-10-02
The US dollar rallied Tuesday as Fed Chair Powell rejected expectations for large rate cuts, while the yen steadied mid-range.
China Yet Supports Commodity Currencies on Monday
China Yet Supports Commodity Currencies on Monday
2024-09-30
On September 30, 2024, China's stimulus supported commodity currencies, pressuring the dollar as core inflation eased to a near three-year low.
Dollar Set to Record 3rd Straight Month of Decline
Dollar Set to Record 3rd Straight Month of Decline
2024-09-30
The dollar wobbled on Friday, heading for a third month of declines as investors assessed Fed policy, while China's stimulus boosted risk currencies.
Swiss Franc Rises due to SNB Cuts Rates
Swiss Franc Rises due to SNB Cuts Rates
2024-09-27
The dollar remained steady on Thursday after its biggest rally since early June, as traders awaited key Fed speeches for hints on interest rate cuts.
The Euro Traded Close to the August High
The Euro Traded Close to the August High
2024-09-27
The dollar weakened as China's stimulus lifted risk appetite and expectations grew for a significant US rate cut in November.
The Euro Was Little Changed
The Euro Was Little Changed
2024-09-24
The dollar wobbled Tuesday as traders boosted bets on future US interest-rate cuts after the Fed signaled more cuts ahead this year.
The Yen Strengthens as a Safe Haven
The Yen Strengthens as a Safe Haven
2024-09-24
The dollar fell Thursday on US economic worries, with the yen rising on safe-haven demand. Traders see a 44% chance of a 50-bp cut this month.
Safe-Haven Currencies Rally on Wednesday
Safe-Haven Currencies Rally on Wednesday
2024-09-23
Safe-haven currencies surged Wednesday as Wall Street and Asian stocks fell sharply, leading to losses in commodity currencies.
The Bank of Japan showed economic optimism on Friday
The Bank of Japan showed economic optimism on Friday
2024-09-20
The yen rose as the BOJ showed optimism on growth and signaled cautious tightening, while the dollar fell on expectations of more US rate cuts.
AUD rebounds on jobs report
AUD rebounds on jobs report
2024-09-20
The US dollar fell on Thursday after the Fed's larger-than-expected rate cut, which Powell said was to maintain low unemployment.
The dollar wavered on Wednesday
The dollar wavered on Wednesday
2024-09-18
The dollar wavered 18 Sep 2024 after US retail sales unexpectedly rose in August, and the Atlanta Fed raised its GDPNow estimate to 3% from 2.5%.