The US dollar is exhibiting strength against almost all G10 currencies. The yen stands out as the top performer, remaining nearly unchanged even with the anticipated shift towards a BOJ hike next month. Anticipations have stabilized for a Federal Reserve reduction next month at approximately 80%. The November inflation reports from the largest eurozone members Read More
The U.S. dollar was on track for its most significant weekly decline since late July on Friday, as investors grew more confident in the prospect of additional monetary easing by the Federal Reserve in December, compounded by the reduced liquidity from Thursday’s U.S. holiday. An outage caused by a cooling issue at data centres disrupted Read More
The U.S. dollar is on track for its most significant weekly decline in four months as investors anticipate additional monetary easing, influenced by President Donald Trump’s calls for rate cuts. The yen increased by 0.11% to 156.27 per dollar, supported by a more hawkish stance from Bank of Japan officials. The U.S. markets are closed Read More
The US dollar is predominantly down today. The momentum has decisively turned towards a rate cut next month, which has diminished the dollar’s strength. The New Zealand dollar is at the forefront of today’s movement following the central bank’s decision to reduce rates, potentially for the final time in this cycle. The Australian dollar further Read More
The US dollar is predominantly exhibiting a narrow mix against the G10 currencies. The Japanese yen stands out as the significant exception. The major currencies are influenced by a gain of approximately 0.35%, while the dollar has declined to a four-day low close to JPY156, following a peak last week just below JPY158. The dollar-bloc Read More
The U.S. dollar held steady on Tuesday as investors assessed the likelihood of a Federal Reserve rate cut next month in light of dovish remarks from policymakers, while the Japanese yen continued to be monitored for potential intervention. On Monday, Fed Governor Christopher Waller indicated that the job market was sufficiently weak to justify another Read More
The reevaluation of the perspective for the upcoming FOMC meeting, prompted by remarks from the NY Fed president prior to the weekend, has persisted today; however, the effect on the dollar remains ambiguous. The greenback shows a mixed performance, as European currencies generally outperform the dollar bloc and the Japanese yen. Overall, a broadly consolidative Read More
On Monday, the yen underperformed against a generally weaker dollar, as market participants monitored for indications of official intervention from Tokyo to halt the depreciation of the Japanese currency. The dollar was last up 0.27% against the Japanese currency at 156.8 yen, approaching its 10-month high reached last week. Japan’s currency has been declining due Read More
The significant decline in global equities following the unexpected turnaround in the US yesterday stands out as the key event today. The major markets within the Asia Pacific region experienced a decline exceeding 2% today. Europe’s Stoxx 600 has declined by over 1%. The asset is experiencing a decline for the sixth time in the Read More
The yen remained close to a 10-month low on Friday, yet received some support as Japanese officials intensified their verbal interventions to curb the currency’s drop, while the dollar was poised for its strongest week in over a month. The yen experienced a brief uptick in early Asian trading following comments from Japanese Finance Minister Read More
