Menu

FX intervention

Dollar Slides as Yen Surge Drives Global Currency Shift

Forex-Market-Board

In markets with reduced activity due to the holiday, the dollar is generally weaker as anticipation builds for North American leadership. Given the recent increase in the yen, and contrary to our prior expectations, it seems that Japanese officials took significant action yesterday. The intervention could have been approximately $34.5 billion (~JPY5.4 trillion), which, if Read More

Dollar Stays Strong Despite Looming US Rate Cuts

Dollar Index Updates

The U.S. dollar held steady on Tuesday as investors assessed the likelihood of a Federal Reserve rate cut next month in light of dovish remarks from policymakers, while the Japanese yen continued to be monitored for potential intervention. On Monday, Fed Governor Christopher Waller indicated that the job market was sufficiently weak to justify another Read More

DollarIndex.org is for Stock Market Information purposes only and is not associated with IntercontinentalExchange or ICE