The US dollar has shown signs of stabilization following yesterday’s notable surge. In light of the cautionary remarks from Japan’s finance minister, the yen stands as the strongest among the G10 currencies today, reflecting an approximate gain of 0.15%. The most sluggish underlying inflation in Norway over the past four months has impacted the krone, Read More
The US dollar’s recovery accelerated today, yet this has not prevented gold from surpassing the $4000-mark in the spot market. With the US government remaining closed and no visible discussions to resolve the situation, the dollar’s appreciation appears to be indicative of unfavorable conditions in other regions. In the aftermath of the recent leadership election Read More
The U.S. dollar experienced an increase, reaching its highest level in over two months during early Asian trading on Wednesday. This rise comes as concerns regarding a potential U.S. government shutdown escalated, leading to heightened investor anxiety and an increased demand for safe-haven assets. The dollar index, which assesses the strength of the greenback against Read More
The dollar has returned to a strong position. The asset is currently positioned close to its session highs as the European morning progresses. The ongoing French crisis remains unresolved, and the policy mix proposed by the incoming leader of the LDP, who is set to become prime minister, continues to exert pressure on the yen. Read More
Currently, there are two primary factors at play. The result of Japan’s LDP leadership contest indicates that the country will soon have its first female prime minister. She supports the conventional LDP policy framework, which includes expansionary fiscal measures and promotes a stance of easy monetary policy. The yen experienced significant volatility, paralleling the movement Read More
The US dollar is experiencing a slight decline, yet remains within the trading ranges established yesterday. The recent surge in Japanese unemployment has negatively impacted the yen, making it the sole G10 currency that is not appreciating against the dollar today. The weakened greenback indicates that the Canadian dollar is probably under-performing, showing only slight Read More
The dollar appreciated against the euro and yen on Thursday, with the greenback recovering against the Japanese currency following four consecutive days of declines, as traders assessed the implications of a potential U.S. government shutdown. The shutdown creates a void in government data, notably affecting the highly anticipated monthly jobs report for September that was Read More
The dollar declined to approach a one-week low on Thursday as traders assessed the implications of a potential U.S. government shutdown, while disappointing jobs data heightened expectations that the Federal Reserve will implement two additional interest rate cuts this year. The dollar index, which gauges the performance of the greenback relative to a basket of Read More
The dollar is exhibiting weakness and is trading close to session lows during the late European morning session. The flow of news is minimal, and significant portions of the US federal government continue to be inactive. China’s mainland markets are currently observing a holiday period. Among the G10 currencies, the Canadian dollar continues to underperform Read More
The US federal government is currently experiencing a partial shutdown due to the failure to approve appropriations necessary to commence the new fiscal year. The president has indicated a potential permanent termination of numerous “non-essential” government employees, while also noting that as of yesterday, approximately 150,000 federal workers have opted for the government’s buyout offer. Read More
