The US dollar exhibits a mixed performance, yet predominantly shows strength, indicating a likely firm conclusion to the week. Japan’s finance minister issued a warning of potential “decisive action” if deemed necessary; however, the yen did not react accordingly. The yen has experienced its weakest performance for four out of the last five weeks, despite Read More
The U.S. dollar remained close to a one-month low on Thursday, as subdued inflation data bolstered expectations that the Federal Reserve may maintain a patient approach regarding interest rate increases. Meanwhile, the intensification of hostilities in the Middle East introduced additional upside risks to the inflation outlook. The greenback slipped against the Japanese yen for Read More
The US dollar is exhibiting a weaker performance against the majority of currencies today.The primary characteristic is the yen’s recovery, which is not a result of significant intervention but rather a response to the finance minister’s appeal for Japanese pension funds to increase their investments in domestic assets. The Nikkei experienced a rally of 1.2%, Read More
The U.S. dollar reached its highest levels in a week during Asian trade on Wednesday, coinciding with renewed strikes on Iran. Meanwhile, New Zealand’s currency experienced a notable increase following the central bank’s decision to raise interest rates and indicate potential further tightening. The greenback strengthened 0.2% to 162.46 yen, marking its fourth consecutive day Read More
The U.S. dollar was poised for its largest weekly decline in almost three months on Friday, following a lacklustre June jobs report that tempered market expectations for Federal Reserve rate increases, offering some respite for the struggling yen. Softness in the greenback persisted during early Asian trade, as the euro remained close to its two-week Read More
The dollar maintained its position on Thursday as markets anticipated crucial U.S. non-farm payrolls data. Meanwhile, the yen’s decline to 40-year lows against the dollar, coupled with thin trading in advance of a U.S. holiday, kept traders vigilant for potential intervention. The dollar index, which measures the greenback against a basket of currencies including the Read More
The U.S. dollar continued its ascent, achieving a new 13-month peak against a range of major currencies on Wednesday. This movement was driven by investors seeking refuge from a sell-off in tech stocks while also preparing for anticipated rate hikes by the Federal Reserve. A widespread decline in technology and semiconductor stocks has led to Read More
The markets have navigated the challenges posed by US tariffs and the conflict in the Middle East. A new disruption has emerged—unwinding tech investment. The S&P and Nasdaq are set to open lower, while South Korea’s Kospi experienced a 10% decline today, despite maintaining an impressive year-to-date increase of nearly 95%. The risk-off sentiment has Read More
The U.S. dollar remained close to a two-month high on Tuesday, strengthening against most major currencies as uncertainty in the Middle East dampened risk appetite and traders increased their expectations for a Federal Reserve rate hike later this year. On Monday, Iran and Israel ceased their attacks on one another following a request from U.S. Read More
The US dollar is experiencing a modest decline against the G10 currencies, with the exception of the Japanese yen, as the North American trading session commences. The markets in China and Japan continue to observe a holiday period. In the wake of the Reserve Bank of Australia’s third rate hike of the year, the news Read More
