In a quiet foreign exchange market, the dollar demonstrates a stronger position against the majority of G10 currencies, reflecting a generally consolidative sentiment. The US markets are not operating today in observance of President’s Day, and Chinese markets will remain closed for the entire week in celebration of the Lunar New Year. Disappointing Japanese data, 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 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 maintained its strength on Monday as investors considered the implications of a Federal Reserve led by Kevin Warsh, particularly his inclination towards a reduced balance sheet. The yen has regained attention among traders, following remarks from Japanese Prime Minister Sanae Takaichi over the weekend, where she highlighted the advantages of a weaker yen Read More
The dollar continued to face instability on Thursday, as uncertainty surrounding U.S. economic policies and geopolitical developments was only somewhat mitigated by encouraging remarks from the White House and European officials after a significant decline in the currency. On the monetary policy front, the Federal Reserve adopted a more optimistic stance regarding the U.S. labor Read More
U.S. President Donald Trump stated on yesterday that the value of the dollar was “great” when questioned about whether he believed it had depreciated excessively, contributing to the downward pressure on the greenback, which reached a four-year low. The recent decline of the dollar can be attributed to several factors: the anticipation of ongoing rate Read More
The dollar remained close to three-week lows against the euro and Swiss franc on Wednesday, following White House threats regarding Greenland that prompted a widespread selloff in U.S. assets, impacting everything from the currency to US stocks and Treasury bonds. The yen faced significant pressure as Japanese government bond yields soared to unprecedented levels, raising Read More
The dollar experienced a decline for the second consecutive day during Asian trading on Tuesday, following threats from the White House directed at the European Union regarding the future of Greenland, which prompted a widespread selloff in U.S. stocks and government bonds. The dollar index, which gauges the strength of the greenback against a basket Read More
The dollar declined on Monday as investors, unsettled by U.S. President Donald Trump’s recent tariff threats against Europe regarding Greenland, sought refuge in the safe-haven yen and Swiss franc, reflecting a widespread risk-averse sentiment across markets. Over the weekend, Trump announced plans to implement an additional 10% import tariff starting February 1 on goods from Read More
The dollar exhibits a generally softer stance, yet the consolidative tone remains intact. The yen stands out as the significant exception. Japanese officials have escalated their intervention measures, issuing stronger warnings. The market initially pushed the dollar’s gains to JPY159.45 before traders took some profits, resulting in a decline to approximately JPY158.60. The market appears Read More
