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
