Tag: forex market
Dollar Heads for Its Worst Week in 4 Months as Fed...
The U.S. dollar was set for its weakest weekly performance since late July, as traders sharply increased expectations for further monetary easing from the...
Asia Currencies Stall Despite Fed Cut Hopes as Tokyo CPI Jumps
Most Asian currencies saw little movement on Friday, even as expectations for a potential Federal Reserve rate cut next month increased. Investors also shifted...
Is the Dollar Next on the Chopping Block?
European and global markets are moving into a quieter phase on Thursday as the U.S. Thanksgiving holiday slows trading. During the lull, the dollar...
Dollar Rebounds After Sharp Losses; Pound Eyes Budget Update
The U.S. dollar moved slightly higher on Wednesday, recovering part of the previous session’s sharp losses as traders positioned for a potential Federal Reserve...
Japan Prepared to Take “Necessary” Steps in FX Market, Says PM...
Japan’s government is prepared to take any “necessary” measures in the foreign exchange market, Prime Minister Sanae Takaichi said on Wednesday. She noted that...
Dollar Weakens as Markets Price In Fed Cuts; Kiwi Surges After...
The U.S. dollar weakened on Wednesday after softer economic data reinforced expectations of a December interest rate cut, while investors also bet that the...
Dollar Drops as Fed Cut Bets Surge; Euro Climbs on Ukraine...
The U.S. dollar moved slightly lower on Monday, giving back part of last week’s advance. Traders increased their expectations for a Federal Reserve rate...
Japan Warns of Yen Intervention as Rate Hike Chances Strengthen
Japan strengthened its warning of possible currency intervention on Friday, while the Bank of Japan signaled that a near-term interest rate hike is now...
Yen Steadies as Markets Falter and Investors Shift to Safety
The yen strengthened on Tuesday in Asian trading, rebounding from its weakest level against the U.S. dollar in more than nine months. The shift...
Dollar Heads for Weekly Loss as Data Uncertainty Grows
The U.S. dollar moved toward a weekly decline on Friday as traders reduced their positions while waiting for a backlog of economic data to...
