The dollar experienced losses on Monday, while the euro and sterling remained stable in anticipation of their respective central bank decisions this week. Attention is firmly directed towards the rate outlooks across major economies as the new year draws near. Currencies predominantly maintained narrow ranges during Asian trading hours, as market participants prepared for a Read More
The dollar experienced a slight increase on Friday; however, it remained on track for its third consecutive weekly decline, impacted by the anticipation of rate cuts in the upcoming year. The dollar index, which measures the U.S. currency against six others, increased by 0.16% to 98.48, rebounding from a two-month low reached on Thursday, yet Read More
The US dollar is experiencing pressure today. The recent stronger final PMI readings from Europe, coupled with a decline in US yields, have resulted in the greenback trading below last month’s lows against multiple G10 currencies. Even in instances where the data fell short, such as Australia’s Q3 GDP or Switzerland’s CPI, the currencies are Read More
The dollar remained steady on Wednesday, as other assets took center stage, while investors with an eye on 2026 began to adjust their positions in anticipation of U.S. rate cuts impacting the greenback. During the morning session, the Australian dollar reached a three-week peak of $0.6576, subsequently pulling back slightly following gross domestic product data Read More
The dollar appreciated against the yen on Wednesday, causing the Japanese currency to decline to a 10-month low. Finance Minister Satsuki Katayama stated that Japan’s new government was vigilantly observing the markets “with a high sense of urgency.” On Wednesday, Japanese government ministers, including Katayama, convened with Bank of Japan Governor Kazuo Ueda. The yen 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 risk aversion that swept through foreign-exchange markets in Asia on Wednesday largely faded by the European morning, as the safe-haven yen lost its gains and Antipodean currencies strengthened. The Swiss franc maintained its strength, while the U.S. dollar exhibited stability during the session, following a peak not seen since April 1 at the close 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
