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Central Bank Interest Rate
U.S. CPI
The Euro Drop 1.4% This Month
2024-06-27
The dollar trimmed gains from the previous session as Treasury yields slightly eased. US new home sales fell last month due to high mortgage rates.
The Australian Dollar Rises on Inflation
2024-06-26
On Wednesday, the dollar edged up as Fed officials signaled no rush for rate cuts. The Aussie dollar rose on inflation hitting a six-month high.
Canadian Dollar Hits Multi-Week High
2024-06-25
The dollar dipped on political concerns. The Canadian dollar rose to multi-week highs after the BOC predicted growth amid easing inflation.
Dollar Remains Steady on Monday
2024-06-24
The dollar was steady on Monday. Markets see a 58% chance of a September rate cut and expect two cuts this year, per LSEG's FedWatch data.
Dollar Hits Eight-Week High
2024-06-21
The dollar rose to an eight-week high above 159 yen on Friday as the Fed's patient rate-cut stance contrasted with more dovish global positions.
Thursday's Dollar Strengthens Slightly
2024-06-20
The dollar rose as Fed Governor Adriana Kugler sees policy as "sufficiently restrictive" to control inflation without major job market harm.
Wednesday's Retail Sales Data Hits Dollar
2024-06-19
The dollar rose on weak retail sales data, hinting at Fed rate cuts; sterling climbed as UK inflation hit 2% for the first time in nearly 3 years.
The Yen Remained Near the 158 Low on Tuesday
2024-06-18
The dollar rose Tuesday as Philadelphia Fed President Harker predicted one rate cut this year but may adjust based on future data.
The Euro Hovers Near Lows on Monday
2024-06-17
The dollar stayed firm Monday as investors awaited US economic signals. The euro hovered near a one-month low amid Europe's political turmoil.
The Yen Fell to An Over One-Month Low on Friday
2024-06-14
The yen hit a 1-month low Friday as the BOJ held rates and announced future bond buying cuts, contrary to market expectations for this month.
Major currencies rose against the dollar on Thursday
2024-06-13
Major currencies held gains as a weaker dollar followed softer-than-expected US inflation. Markets still expect two 25 bps cuts this year.
The Dollar Remained Steady on Wednesday.
2024-06-12
The dollar steadied on Wednesday after a four-week high. Markets see a 56% chance of a September rate cut, per the CME FedWatch tool.
Dollar Strengthens Against Euro and Yen on Tuesday
2024-06-11
The dollar surged on Tuesday, hitting a one-month high against the euro and a one-week peak versus the yen, buoyed by strong job data from last week.
Dollar Stays Near Eight-Week Low
2024-06-07
The dollar hovered near an 8-week low Friday, awaiting a key US jobs report for Fed policy clues. Markets expect a 50 bps cut by year-end.
Fed Expectations Rise on Thursday
2024-06-06
On Thursday, the dollar weakened as markets bet on a Fed easing cycle this year. Nearly 50 bps rate cuts are anticipated, starting in September.
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