The US Dollar experienced significant selling pressure at the beginning of yesterday’s trading session. The apprehension surrounding joint intervention follows the pre-weekend Fed assessment of rates, seemingly conducted for the benefit of the US Treasury, and highlighted by remarks from Japanese officials, including Prime Minister Takaichi. In the meantime, a further unfortunate death linked to Read More
Japan’s yen is experiencing a significant surge, leading to a decline in the dollar across various markets. Investors are on high alert as rate checks raise concerns about the potential for the first joint U.S.-Japan currency intervention in 15 years. Following a surge on Friday, prompted by the New York Federal Reserve reaching out to Read More
The various elements at play, coupled with Japan’s finance minister’s appeal for market stability, appeared to have a positive effect. Japan’s 30- and 40-year yields decreased by approximately 15 basis points today following yesterday’s increase. The capital markets exhibit a delicate tranquility today, with the dollar primarily stabilizing against the G10 currencies. In the meantime, 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 remains in its consolidation phase today. Current market conditions show relatively narrow ranges, particularly with the Japanese yen, where the potential for intervention has contributed to stabilizing the exchange rate. The Bank of Japan is scheduled to convene next week. While reports indicate that the inflationary effects of the yen’s depreciation will be Read More
The US dollar remains largely within tight boundaries against the majority of G10 currencies today, in anticipation of the upcoming US CPI report and corporate earnings announcements. The yen stands out as a significant exception. The dollar has surged to JPY159.00 and has shown little sign of retreating. The apparent trigger is the increased speculation Read More
The U.S. dollar strengthened at the beginning of the Asian session on Friday, as market participants anticipated the upcoming release of the latest U.S. jobs report and prepared for an impending U.S. Supreme Court ruling regarding President Donald Trump’s utilization of emergency tariff powers. The dollar index, reflecting the strength of the greenback against a Read More
The dollar exhibited stability on Thursday as market participants assessed a range of data indicating that the U.S. economy is in a precarious state ahead of an important jobs report on Friday, while escalating geopolitical tensions maintained a cautious sentiment. The euro maintained its position at $1.1678 during early Asian trading hours, indicating a slight Read More
The US dollar is exhibiting a narrow mixed performance against the G10 currencies. The market is closely monitoring the upcoming US employment data, which frequently disrupts trading, set to be released on Friday. Indications point towards a potential ruling by the US Supreme Court regarding the legality of the extensive US tariffs enacted under emergency Read More
On Friday, the major currencies in the foreign exchange market remained subdued amid thin year-end trading. The U.S. dollar lingered close to its 12-week lows as investors evaluated Japanese economic data and considered the implications of potential future interest rate cuts in the United States. Trading volumes in the Asian and European foreign exchange markets Read More
