The dollar softened on Thursday following the signing of a deal by U.S. President Donald Trump to conclude the government shutdown, while the yen reached a historic low against the euro after Japan’s new prime minister expressed a desire for the central bank to adopt a cautious approach to rate increases. The pound experienced a 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
The US dollar exhibits a mixed performance. Sterling has emerged as the weakest among the G10 currencies, following the release of unexpectedly disappointing employment figures that have increased the likelihood of a rate cut in the upcoming month. The dollar has achieved a slight new high against the Japanese yen since February; however, it has Read More
The U.S. dollar appreciated against the safe-haven yen and the growth-sensitive Australian dollar on Tuesday, as investors adopted a more cautious stance on risk and redirected their attention to forthcoming data anticipated after the conclusion of the U.S. government shutdown. In early Asian trade, the yen reached its lowest point since February, while the risk-sensitive Read More
The dollar climbed to a four-month peak against the euro on Tuesday, as divisions within the Federal Reserve cast uncertainty on the likelihood of an additional rate cut this year. Meanwhile, a risk-off sentiment prompted investors to turn to the U.S. currency for safety. Meanwhile, the pound depreciated following the UK finance minister’s indication of Read More
The dollar strengthened to a near three-month high on Monday as investors anticipated the release of data this week to assess the health of the U.S. economy and evaluate its potential impact on the Federal Reserve’s hawkish stance. The yen remained close to an 8-1/2-month low, influenced by significant interest rate differentials between the U.S. Read More
