The dollar maintained its strength on Tuesday as markets anticipated signals, expected later this week, regarding the possible timing of rate cuts by the Federal Reserve. The yen reduced its losses from the previous day as disappointing Japanese economic data heightened expectations for increased government stimulus measures. The Australian dollar dipped following the publication of Read More
The US dollar remains strong against the G10 currencies as we approach the release of the US January CPI. The week commenced with reports indicating that Chinese officials were advocating for a reduction in exposure to US Treasuries. Supported by better-than-anticipated employment figures for January, the dollar reduced its declines. In a surprising turn of Read More
The prevailing sentiment in the foreign exchange market reflects a phase of consolidation following the release of January jobs data, which exceeded expectations and introduced volatility into dollar trading. The flow of news is minimal, and tomorrow the United States will release its Consumer Price Index for January. Japan’s markets resumed operations following yesterday’s holiday, Read More
Following the significant declines observed yesterday, the US dollar is predominantly stabilizing with a stronger inclination against the G10 currencies. The yen stands as an exception. The unforeseen post-election increases have persisted into the local session and the European morning. The extended rally at the long end of the Japanese yield curve continues to defy Read More
The U.S. dollar experienced significant losses on Tuesday as it awaited a series of economic data that will influence the trajectory of interest rates, while the yen maintained its gains following Prime Minister Sanae Takaichi’s decisive election victory. Sterling maintained stability during the early hours of the Asian market following a turbulent Monday, as investors Read More
The U.S. dollar remained close to a two-week high on Friday, set for its best weekly performance since November, as a sell-off in stocks fueled by concerns over AI spending unsettled investors, while the yen strengthened in anticipation of a national election on Sunday. The dollar has appreciated following President Donald Trump’s nomination of Kevin Read More
The dollar remained stable at the onset of Asian trading on Thursday, as market participants await interest rate decisions from the European Central Bank and the Bank of England, both anticipated to maintain current rates later in the global trading session. The U.S. dollar index, reflecting the strength of the greenback against a selection of Read More
The U.S. dollar held its ground on Wednesday as investors exercised caution following the abrupt conclusion of a partial government shutdown, while the yen slipped closer to a two-week low in anticipation of an upcoming national election that appears increasingly uncertain. The currency markets continued to process the nomination of Kevin Warsh by U.S. President Read More
The Dollar commences the new week and new month displaying a mixed performance. Following the pre-weekend surge, there have been additional gains; however, a consolidative tone has now taken hold. The greenback maintains its strength against the Canadian dollar, Norwegian krone, and Swiss franc. It is almost unchanged relative to the yen. Emerging market currencies Read More
The dollar experienced an increase on Friday, mitigating its weekly decline, following comments from U.S. President Donald Trump regarding an imminent announcement of his nominee for the Federal Reserve chairmanship, coupled with optimism that Washington will prevent a government shutdown. Trump announced his plan to reveal his choice for the successor to Fed Chair Jerome Read More
