Tag: forex market
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...
US Dollar Slips as Government Reopens After Record Shutdown
The U.S. dollar fell on Thursday as risk appetite improved. The move came after the federal government reopened following a 43-day shutdown. A recent...
Yen Hits Record Low vs Euro as PM Signals Slow Rate...
The yen fell to a record low against the euro on Thursday and hovered near a nine-month low versus the dollar. The drop came...
