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 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
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 US dollar remains relatively stable against the majority of G10 currencies as the North American session approaches. Following yesterday’s advance, there were some additional gains in the greenback, although they were limited. The dollar’s rally against the yen persisted. The price approached JPY157.80 before retreating to approximately JPY157.10, where it encountered support in Europe. Read More
The US dollar exhibits strength today. The currency has achieved a new ten-month peak against the yen, slightly exceeding JPY156, while the euro has encountered a five-day low close to $1.1565. Emerging market currencies are showing a varied performance. The PBOC established the dollar’s reference rate at a peak for the month. The flow of Read More
The ongoing sell-off in equities persists, while the foreign exchange market remains subdued, with the dollar largely trading within narrow ranges. The currency exhibits strength against the majority of its counterparts, with the dollar bloc demonstrating notable resilience today. The dollar has achieved a new nine-month peak in its exchange rate with the yen. In Read More
The US Dollar exhibits a modest strengthening against the majority of G10 currencies, with the Antipodean currencies at the forefront, experiencing declines of approximately 0.25%. Rising tensions between Japan and China, along with a shift in expectations regarding a Federal Reserve cut and a Bank of Japan hike next month, maintain the dollar’s proximity to Read More
The US dollar exhibits a stronger inclination today, yet remains largely confined to the range established yesterday. Four key developments warrant attention. Initially, China’s October data largely fell short of expectations; however, the PBOC established the dollar’s reference rate at its lowest point since October 2024. Secondly, reports indicate that the UK government has adjusted Read More
The US dollar is experiencing a stronger position against the majority of global currencies today. The Australian employment data has surpassed expectations, fueling speculation that the central bank’s easing cycle may have concluded. This development accounts for the Australian dollar’s rise to its highest level this month. Nevertheless, sterling remains strong and has built on Read More
The US dollar is primarily stabilizing within tight ranges relative to the major currencies. The Japanese yen stands out as a notable exception, having declined to a new nine-month low as the greenback neared JPY155. In light of Japan’s finance minister’s numerous warnings, the market appears to remain unfazed. It appears that a tangible material Read More
