The dollar faced challenges on Wednesday, especially in relation to the Japanese yen and Australian dollar, as traders expressed concerns over potentially disappointing U.S. payrolls data. Nonfarm payrolls are expected to have risen by 70,000 last month, following a 50,000 increase in December, according to a survey of economists. A significant deviation from these projections, Read More
The US dollar is experiencing a decline against all the G10 currencies. The ongoing short squeeze is driving the yen higher, despite Japan being on holiday today. The yen and Japanese bonds have shown resilience, rallying following the LDP’s decisive electoral win. The interplay of a stronger yen alongside declining yields may resemble a typical Read More
The U.S. dollar remained close to a two-week high on Friday, set for its best weekly performance since November, as a sell-off in stocks fueled by concerns over AI spending unsettled investors, while the yen strengthened in anticipation of a national election on Sunday. The dollar has appreciated following President Donald Trump’s nomination of Kevin Read More
The US dollar is exhibiting a stronger position today relative to the majority of G10 currencies. The prevailing consolidative/corrective tone persists. The outcomes of the meetings held by the European Central Bank and the Bank of England are currently anticipated. Neither central bank is expected to take action, which enhances the influence of the commentary. Read More
The dollar remained stable at the onset of Asian trading on Thursday, as market participants await interest rate decisions from the European Central Bank and the Bank of England, both anticipated to maintain current rates later in the global trading session. The U.S. dollar index, reflecting the strength of the greenback against a selection of Read More
The dollar is experiencing a generally stronger position today, although it is primarily in a phase of consolidation. The Japanese yen stands out as a significant exception. The greenback attained JPY156.85, marking its highest point since January 23, and appears to have not yet reached its peak. With Sunday’s election approaching, current polls indicate that Read More
The U.S. dollar held its ground on Wednesday as investors exercised caution following the abrupt conclusion of a partial government shutdown, while the yen slipped closer to a two-week low in anticipation of an upcoming national election that appears increasingly uncertain. The currency markets continued to process the nomination of Kevin Warsh by U.S. President Read More
The dollar maintained its strength on Tuesday, bolstered by favorable economic indicators and changing expectations regarding Federal Reserve policy, which overshadowed worries about a potential U.S. government shutdown. The Australian dollar appreciated following the Reserve Bank of Australia’s anticipated rate increase, marking the initial of three significant central bank announcements this week. The yen continued Read More
The Dollar commences the new week and new month displaying a mixed performance. Following the pre-weekend surge, there have been additional gains; however, a consolidative tone has now taken hold. The greenback maintains its strength against the Canadian dollar, Norwegian krone, and Swiss franc. It is almost unchanged relative to the yen. Emerging market currencies Read More
The dollar experienced an increase on Friday, mitigating its weekly decline, following comments from U.S. President Donald Trump regarding an imminent announcement of his nominee for the Federal Reserve chairmanship, coupled with optimism that Washington will prevent a government shutdown. Trump announced his plan to reveal his choice for the successor to Fed Chair Jerome Read More
