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USD/JPY Slides on Thursday: Market Update
2024-05-03
USD/JPY Slides on Thursday, reversing gains from intervention. The dollar had been weak after the Fed's dovish meeting.
The dollar edged up Tuesday before the Fed meeting
2024-05-02
The dollar rose slightly on Tuesday ahead of the Fed meeting. CME Group's FedWatch tool showed a 44% chance of a rate cut in September.
UK stocks yearn for a turning point
2024-04-30
Arm Holdings shares surged 25% on its first trading day after a $51/share IPO, raising nearly $5B, marking the largest US listing in two years.
USD/JPY Jumps Unexpectedly on Monday
2024-04-30
USD/JPY Surged on Monday, Possibly Due to Japanese Intervention. Top Diplomat Masato Kanda Didn't Confirm or Deny Involvement.
The yen hit its weakest level in three decades
2024-04-26
The yen hit a 30-year low against the dollar after the BOJ kept rates steady. The dollar stayed stable despite weak US growth last quarter.
The US dollar was slightly lower on Thursday
2024-04-25
The US dollar dipped on Thursday as European currencies strengthened. US business activity slowed in April, signaling a global economic shift.
The dollar closed close to April lows on Wednesday
2024-04-24
The dollar remained steady at its lowest level since April 12. Positive business activity in Europe in April impacted the greenback negatively.
The euro firmed on Tuesday
2024-04-23
The euro rose on Tuesday but faced its biggest monthly drop since January. Eurozone business surged in April with strong service sector growth.
The yen barely moved in Asian trading on Monday
2024-04-22
The yen stayed steady in Asian trading on Monday, while the US dollar held near five-month highs after last week's policy and geopolitical changes.
A wave of risk aversion swept over markets on Friday
2024-04-19
Markets experienced a wave of risk aversion on Friday as reports emerged of Israel attacking Iran, prompting investors to seek safe-haven currencies.
Currency pressures persist on Thursday
2024-04-18
On Thursday, the dollar weakened while pressures on other currencies persisted. Strong data dampened expectations of Fed rate cuts in June.
Pound rises from fall to rise
2024-04-17
Fed Chair Powell's comments on Wednesday drove a modest dollar gain, citing limited progress on inflation goals. Traders predict a 40-bps cut by 2024.
The dollar rose to a five-month high on Tuesday
2024-04-16
The dollar hit a 5-month high on Tuesday as US retail sales surged 0.7% in March, beating economists' 0.4% forecast.
Euro hits biggest drop since September 2022
2024-04-15
Monday saw the dollar stabilize, marking its largest weekly surge since 2022, buoyed by rising Middle East tensions and looming high interest rates.
The euro's recent performance has been sluggish
2024-04-12
The dollar rose moderately on Friday as weaker-than-expected March US PPI did not relieve concerns that the Fed will delay loosening this year.
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