Dollar struggles for support ahead of crucial Fed meeting

The U.S. dollar edged lower in early European trade Wednesday, struggling for traction ahead of the conclusion of the latest Federal Reserve policy meeting. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower to...

Dollar Struggles Before FOMC Decision as Yen Gains

A gauge of dollar strength fell to a 5 1/2-month low on speculation the Federal Reserve may take on a less hawkish tone on future policy at its rate review later in the day, following a soft reading of US inflation data. The yen jumped on a report that the Bank of Japan may consider reviewing its...

Dollar strengthens following strong U.S. data and ECB rate hike

Dollar retained its gains against peers on Friday, following strong U.S. economic data and a rate hike by the European Central Bank (ECB). The currency's strengthening came in response to higher-than-expected U.S. retail sales and an ECB decision that prompted a drop in European yields. U.S....

Dollar Strengthens Broadly on Fed Rate Expectations

The U.S. dollar rose for a second day on Tuesday, briefly touching a six-month peak against Japan's yen, on expectations that U.S. interest rates will remain higher for longer, while ongoing debt ceiling negotiations kept investors on edge. Among a slew of Federal Reserve heavyweights who spoke...

Dollar strengthens ahead of Powell's Jackson Hole speech

The U.S. dollar rose in early European trade Friday, climbing to a two-month high as traders positioned for hawkish comments from Federal Reserve Chair Jerome Powell at Jackson Hole. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,...

Dollar Strength Pauses after Upbeat China Data, Pound Gains

The dollar slipped on Tuesday after better-than-forecast growth data from China, while upbeat pay data from Britain supported the pound. China's gross domestic product (GDP) grew 4.5% year-on-year in the first three months of the year, data showed on Tuesday, beating analyst forecasts for a 4%...

Dollar Steady, With Fed Pause Eyed in Busy C.Bank Week

The dollar held its ground on Monday but was still near multi-week lows against some of its major peers as traders were on guard ahead of central bank meetings this week, including the Federal Reserve's where it will announce its rates decision. The U.S. currency was pinned near a one-month low...

Dollar steady, US inflation data tops this week's bill

The dollar was steady on Monday as a holiday in most major Asian markets subdued the start of what could turn into a busy week, with all eyes on U.S. inflation data for clues on when the Federal Reserve may start to cut rates. The euro was down a whisker at $1.0778, edging off a 10-day high...

Dollar Steady Near 6-Weeek Highs Ahead of US GDP; Eyes on ECB Meeting

The dollar was broadly steady near a six-week high on Thursday, as investors await GDP and other data this week to gauge where U.S. rates are headed, while the euro was soft ahead of the European Central Bank's policy meeting later in the day. Data overnight showed U.S. business activity picked...

Dollar Steady In Thin Liquidity, Franc Outperforms

A gauge of the dollar consolidated Thursday’s gain on the last trading day of the year. The Swiss franc, which has posted the strongest gain against the greenback among the Group-of-10 year-to-date, also outperformed on Friday. The Bloomberg Dollar Spot Index rose 0.1%; the index has lost...

Dollar steady in cautious start to busy data, Fed week

The dollar started the week on a steady footing as investors took stock of U.S. economic data ahead of the Federal Reserve policy meeting this week, while escalating geopolitical tensions in the Middle East kept risk sentiment in check. The dollar index , which measures the U.S. currency against...

Dollar steady before data; yen slips despite GDP surprise

The dollar held steady on Thursday as investors waited for data on U.S. retail sales and jobless claims, while the yen climbed despite the Japanese economy falling into a recession. The dollar index, which measures the currency against six peers, was very slightly lower at 104.64, just below a...

Dollar Steady at 5-Week Peak as Fed Rate Cut Bets Tempered

The dollar hovered near a five-week peak against major peers on Thursday after robust U.S. retail sales data added to expectations the Federal Reserve will not rush to lower interest rates. The U.S. dollar index, which measures the currency against a basket of six rivals, was steady at 103.33 in...

Dollar Steady as Volatile Markets Brace for Payroll Data, Yen Slides, Swiss Franc Jumps

The dollar index was steady on Friday, a rare spot of calm in volatile global markets ahead of key U.S. payrolls data later in the day, while the yen weakened after the Bank of Japan kept stimulus settings steady. The dollar jumped as much as 0.64% against the yen , a knee-jerk move after the BOJ...

Dollar Steady as Traders Bet Fed Will Pause, Yuan Wilts

The U.S. dollar was clinging close to a more than one week peak on Friday as a slew of data overnight pointed to a slowing U.S. economy, with investors betting that the Federal Reserve will pause its interest rate increases. The dollar index , which measures the U.S. currency against six rivals,...

Dollar Steady as Traders Bet Fed Done With Rates

The dollar started Monday on a steady footing as investors assessed U.S. jobs data that showed some signs of cooling and bolstered expectations that the Federal Reserve was likely at the end of its monetary tightening cycle. Data on Friday showed U.S. job growth picked up in August, but the...

Dollar Steady as PCE Data Sets up June Rate Cut Bets; Yen in Focus

The dollar was broadly steady on Monday as data showing easing U.S. prices bolstered bets that the Federal Reserve could cut interest rates in June, while the yen loitered near 152 per dollar keeping traders on edge on the threat of intervention. The personal consumption expenditures (PCE) price...

Dollar Steady as Investors Ponder Over Global Rates, Economic Outlook

The dollar held near a one-week high against its major peers on Monday as traders weighed the impact of protracted monetary tightening cycles on the global growth outlook and as worries over a deep downturn in major economies lingered. Investors were also on guard after dramatic weekend events in...

Dollar Steady as Investors Mull Inflation and Middle East Escalation

The dollar held steady on Friday as traders weighed an ambiguous U.S. inflation report and tensions in the Middle East, where the United States and Britain launched air and sea strikes against Houthi targets in Yemen. The U.S. dollar index , which tracks the currency against six major peers, was...

Dollar Steady as Debt Ceiling Talks to Resume

The dollar was broadly steady on Monday, with U.S. debt ceiling negotiations set to resume and Federal Reserve Chair Jerome Powell having indicated he favours a meeting-by-meeting approach when it comes to future policy moves. The greenback was little changed at 137.975 yen to start the week,...

Dollar Steady as Data Points to Higher-for-Longer U.S. Interest Rates

The dollar was steady against its major peers on Thursday, as new data showed a still-tight U.S. labor market, underpinning convictions that the Federal Reserve's monetary policy tightening may be far from over. The number of Americans filing new claims for unemployment benefits unexpectedly fell...

Dollar Steady Amid Thin Liquidity; Kiwi, Franc Gain

A gauge of the dollar consolidated amid thin liquidity on the last trading day of the year. The New Zealand dollar and Swiss Franc rose while other currencies traded in tight ranges. The Bloomberg Dollar Spot Index was little changed; the index has lost 2.8% this year, on track for its worst...

Dollar Steady Ahead of Producer Prices, Fed Minutes

The dollar consolidated as traders await producer and consumer price data, as well as Federal Reserve’s minutes for clues on the outlook for interest rates as officials debate if they need to hike again. The Bloomberg Dollar Spot Index was little changed and the yield on two-year...

Dollar steady ahead of Powell testimony, bitcoin takes breather

The U.S. dollar was largely steady on Wednesday, as traders avoided making large bets ahead of congressional testimony from Federal Reserve Chair Jerome Powell, as well as the European Central Bank rate decision and U.S. jobs data later this week. In cryptocurrencies, bitcoin was slightly up but...

Dollar Steady Ahead of Jobs Data; Yen Hits Two-Week High

The U.S. dollar held steady against peer currencies on Friday after rebounding from a two-week low, as traders braced for a key jobs report due later in the day and grew cautious over tensions in the Middle East. The yen, while still close to the 152 range, hit a two-week high against the...

Dollar Steadies With US CPI in Focus, Yen Near 152

The dollar traded mixed versus its Group-of-10 peers and within tight ranges as the market is in waiting mode ahead of Wednesday’s CPI data out of the US and the release of the Federal Reserve’s March minutes.  Bloomberg Dollar Spot Index is nearly flat after falling 0.1% on Monday; yield on...

Dollar steadies on improved banking confidence; First Citizens to buy SVB

The U.S. dollar steadied in early European trade Monday on rising optimism the U.S. banking turmoil could be contained, although confidence in the sector remained fragile. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded...

Dollar Steadies on Fed View, Economic Resilience; Yen Eyes Weekly Gain

The dollar was on the front foot on Friday as solid U.S. economic data reinforced the need for the Federal Reserve to stay on its aggressive monetary policy tightening path and further raised the odds of higher-for-longer rates. The greenback gave back some of its gains in Asia trade after rising...

Dollar Steadies Before US Inflation, ECB Decision

A gauge of the dollar consolidated, after posting its biggest drop since July on Monday, as traders waited for US inflation data and the ECB’s interest-rate decision for further cues. The Bloomberg Dollar Spot Index was little changed after dropping 0.7% on Monday. Most group-of-10...

Dollar Steadies as U.S. Spending Points to Rate Hikes

The dollar caught its footing on Thursday as strong U.S. retail data cast doubt on market bets that inflation is in retreat and U.S. interest rates need not rise too much further. The euro was also firm after NATO said a missile that crashed inside Poland was probably a stray fired by Ukraine's...

Dollar Steadies as Fed's Waller Cautions on Inflation

The U.S. dollar steadied on Monday after Federal Reserve Governor Christopher Waller said the central bank was not softening its fight against inflation, which made some investors think that the steep sell-off last week was probably overdone. A slightly cooler-than-anticipated inflation data on...

Dollar Steadies as Fed Cautions on Inflation

The U.S. dollar held firm on Monday following last week's bruising dive as Federal Reserve Governor Christopher Waller said that the central bank was not softening its fight against inflation. A slightly cooler-than-anticipated inflation data on Thursday sent the greenback on a tailspin, with the...

Dollar Steadies Amid Fed Pause Hint, Debt Deal

A gauge of the dollar was range-bound, sandwiched by the passage of US debt-ceiling deal through the House and signals from Federal Reserve officials that they plan to keep interest rates steady in June.  The Bloomberg Dollar Spot Index was little changed at 1,245.94, hovering near...

Dollar steadies ahead of Jackson Hole; sterling weak on recession fears

The U.S. dollar steadied in early European trade Thursday after overnight losses as Treasury yields retreated in the wake of weak economic data, ahead of the start of the Jackson Hole Symposium. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Steadies After Fed Officials Play Down Pivot Hopes

Dolar stabil dan terdorong lebih tinggi dalam transaksi awal di Eropa pada hari Rabu (5/10), setelah pejabat senior Federal Reserve mengecilkan 'pivot' dalam kebijakan moneter di tengah tanda-tanda bahwa pasar tenaga kerja AS sedang stagnan. Pada 03:40 waktu timur AS (07:40 GMT), indeks dolar,...

Dollar Starts Week on Front Foot Post Payrolls Bump

The dollar rose against most Group-of-10 currencies as Treasury yields continued their advance in the wake of a strong US jobs report Friday. Friday’s US employment report when taken with the pickup in key inflation numbers at the start of 2024, raise the possibility of later or fewer...

Dollar Starts 2024 Steady, Focus Switches to Data

The dollar was steady on the first trading day of the year as traders weighed the prospect of steep interest rate cuts from the Federal Reserve in 2024 and looked to economic data this week for clues on the central bank's next moves. The dollar index , which measures the U.S. currency against six...

Dollar Stands Tall as U.S. Economic Resilience Trumps Fiscal Uncertainty

The dollar was perched near a four-week high on Thursday, shrugging off a U.S. credit rating downgrade that cast doubt on the country’s fiscal outlook, and instead got a leg up from strong private payrolls data. Data out on Wednesday showing U.S. private payrolls rose more than expected in July...

Dollar Stable, Yen Weakens After BOJ Meeting

The U.S. dollar stabilized in early European trade Friday ahead of the release of key inflation data, while the Japanese yen edged lower after the Bank of Japan on Friday maintained its ultra-low interest rates and dovish stance. At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the...

Dollar stabilizes, yen hands back some gains after BOJ shock

The U.S. dollar edged higher Wednesday and the Japanese yen handed back some of the previous session’s outsized gains as the foreign exchange market stabilized after the Bank of Japan's surprising policy shift. At 03:05 ET (08:05 GMT), the Dollar Index, which tracks the greenback against a basket...

Dollar stabilizes, yen climbs ahead of BOJ meeting

The U.S. dollar stabilized in early European trade Monday, trading just above a seven-month low on rising expectations that the Federal Reserve will slow the pace of its interest-rate hikes, while the Japanese yen gained ahead of a Bank of Japan meeting. At 03:00 ET (08:00 GMT), the Dollar Index,...

Dollar Stabilizes Near Five-Week High Ahead of More Debt Ceiling Talks

The U.S. dollar stabilized in early European trade Tuesday, just off a five-week high helped by its safe haven status as the standoff in Washington over the U.S. debt ceiling continued. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,...

Dollar Stabilizes as Shock From Banking Crisis Recedes

The dollar stabilized and the euro weakened in early trading on Tuesday in Europe, as the shock from the collapse of three U.S. banks in a week began to recede. By 04:00 ET (08:00 GMT), the dollar index, which tracks the greenback against a basket of advanced economy currencies, was up 0.3% at...

Dollar Stabilizes Ahead of Fed Minutes as Debt Negotiations Continue

The U.S. dollar stabilized in early European trade Wednesday, remaining close to last session’s two-month high given the lack of progress in negotiations over raising the U.S. debt ceiling. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Stabilizes after Last Week's Selloff; Chinese Yuan Hit by Weak GDP

The U.S. dollar stabilized in early European hours Monday after suffering its worst weekly drop this year, while weak Chinese growth data pressured the yuan. At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded marginally lower at...

Dollar Stabilises, Yuan Dips as Traders Assess Inflation Implications

The dollar found its feet on Thursday while the Chinese yuan dipped to a two-month low after more evidence of weakness in China's post-COVID recovery clouded the outlook for the global economy. The U.S. currency had started the day on the back foot, sliding against the yen under the weight of...

Dollar Squeezed as Inflation Drives Up Euro

The dollar nursed losses on Thursday as optimism about China's reopening was supported by encouraging data and underpinned Asian currencies, while sticky inflation had the euro eying its best week in a month and a half. The dollar lost 0.9% on the euro overnight, and since it moved lower despite...

Dollar Solidly Bid on Fed View, Economic Resilience; Yen Eyes Weekly Gain

The dollar was on the front foot on Friday, as solid U.S. economic data reinforced the need for the Federal Reserve to stay on its aggressive monetary policy tightening path and further raised the odds of higher-for-longer rates. The greenback rose broadly overnight, though was hobbled against...

Dollar Softer as US Debt Ceiling Crisis Unresolved, Inflation Data Eyed

The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers failed to break a deadlock on the debt ceiling crisis, though currency moves were marginal amid caution ahead of U.S. inflation data later in the day. Biden and House of Representatives Speaker Kevin...

Dollar Softens, China Inflation Data Takes Centre Stage

The dollar was on the back foot on Monday after a miss in U.S. jobs data scaled back market expectations on how much further the Federal Reserve would need to raise rates, while focus in the Asia day was on China's inflation data release. The U.S. economy added 209,000 jobs last month, data on...

Dollar soft as China reopening hopes boost risk sentiment

The dollar struggled to gain a foothold on Monday and was languishing at five-month lows as traders looked past stronger than anticipated U.S. jobs data, while growing hopes of China reopening boosted risk sentiment. The dollar index, which measures the currency against six major peers including...

Dollar Soars on Safe Haven Flows as China's COVID Woes Increase

The U.S. dollar gained in early European trade Monday, as worries that the escalating COVID situation in China would stunt the global economic recovery prompted safe haven flows. At 03:05 ET (08:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, rose...

Dollar Soars Ahead of Fed Minutes, Jobs Data

The U.S. dollar climbed strongly Tuesday ahead of the week's key economic data. At 03:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, rose 1% to 104.345. Tuesday's main economic release is the U.S. manufacturing PMI for December, which is...

Dollar Slumps on Powell's Comments; Yen Benefits The Most

The U.S. dollar slumped in early European trade Thursday after Federal Reserve chair Jerome Powell pointed to smaller rate hikes ahead, boosting risk appetite to the detriment of this safe haven. At 03:05 ET (08:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Slumps after CPI Data Suggests Fed May Ease Rate Hikes

The dollar fell sharply on Thursday after U.S. consumer prices rose less than expected last month and pointed to underlying inflation having peaked, data that markets cheered as it may allow the Federal Reserve to ease up on aggressively hiking interest rates. The consumer price index rose 0.4%...

Dollar Slumps After Asian Central Bank Pushback

The dollar slumped the most since August after the People’s Bank of China and Bank of Japan pushed back against the currency’s recent surge.  The Bloomberg Dollar Spot Index fell as much as 0.6% after rising a eighth straight week last week, its longest streak in data going back to...

Dollar Slips; Traders Assess Fedspeak Ahead of CPI Release

The U.S. dollar slipped lower in early European trade Thursday, with traders digesting a series of comments from Federal Reserve policymakers ahead of next week's crucial inflation data release. At 03:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Slips, Sterling Gains as U.K. Brings Forward Fiscal Plans

The U.S. dollar weakened in early European trading Monday, while sterling gained on the news that the U.K. will bring forward its tax and spending plans in a bid to reassure markets after the turmoil associated with the start of new Prime Minister Liz Truss’s premiership. At 03:10 ET (07:10 GMT),...

Dollar Slips vs Euro on Upbeat German Business Morale Data

The dollar edged down against the euro as upbeat German business morale data supported the common currency, while a modest improvement in investors' appetite for riskier currencies weighed on the safe-haven dollar. German business morale rose more than expected in December as the outlook for...

Dollar Slips to 5-Month Low, Yuan Set for Biggest Weekly Gain Since 2005

The dollar was pinned near a five-month low against a basket of major currencies on Friday ahead of key U.S. labour market data, while the yuan was set for its biggest weekly gain since China abandoned its dollar peg and revalued its currency in 2005. The dollar index , which measures the...

Dollar Slips Seventh Day Ahead of US Inflation Data

The dollar weakened for a seventh day after dovish Federal Reserve remarks boosted bets for a halt in rate hikes ahead of key US inflation data. The greenback slid while Treasury yields consolidated following dovish comments by Fed Bank of Atlanta President Raphael Bostic and Fed Governor...

Dollar Slips Lower Ahead of Inflation Release; Euro Gains

The U.S. dollar edged lower in early European trade Thursday ahead of a key U.S. inflation release, while the euro rebounded after weakness inspired by Italian banking woes. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1%...

Dollar Slips from One-Week High on China Hopes as Powell Speech Looms

The safe-haven U.S. dollar eased from a one-week high on Wednesday amid increasing optimism for a loosening of China's COVID restrictions, although moves were muted ahead of a speech by Federal Reserve Chair Jerome Powell later in the day. The risk-sensitive New Zealand and Aussie dollars rose,...

Dollar Slips for Third Day Ahead of US PPI

A gauge of the dollar fell for a third session as some risk appetite returned to Asia following a rebound in US equities. Traders are looking to key US price readings later to judge whether Federal Reserve officials will be able to notch down their aggressive tightening...

Dollar Slips Before Another Round of Fedspeak, CPI

The dollar edged lower as traders awaited another round of comments from Federal Reserve officials in the coming days and key US inflation data due next week. The greenback fell against most of its Group-of-10 peers, but its moves were largely range bound, as traders weighed hawkish comments by...

Dollar Slips as Traders Ponder Odds of Fed Pivot

A gauge of the dollar slipped as traders speculated that the Federal Reserve may be approaching the end of its aggressive tightening campaign. A contraction in US business activity in October added fuel to the debate among Fed officials about how high to raise interest rates...

Dollar Slips as Bets Mount for Less Hawkish The Fed, Euro Above Parity

The dollar retreated on Thursday as market expectations mounted that the Federal Reserve will tone down its aggressive stance on interest rate hikes, pushing the euro further above parity and lifting its other major peers to multi-week highs. The euro peaked at $1.00935 and sterling at $1.1645 in...

Dollar Slips as Banks Rescue Makes Room for Relief Rally

The dollar slipped on Friday as risk sentiment improved after authorities and banks moved to ease stress on the financial system in major markets, taking heat off other major currencies that tumbled earlier in the week in the wake of bank turmoil. Large U.S. banks on Thursday injected $30 billion...

Dollar Slips Amid Iran Attack; Yen Retreats

A gauge of the dollar edged lower but held the bulk of Friday’s gains as traders mulled the escalation of tensions in the Middle East. The Bloomberg Dollar Index slipped 0.1% Monday, halting a three-day advance; Ten-year Treasury yields rose four basis points bps to 4.55%. Brent crude oil...

Dollar Slips Amid Bets Fed Rate Hikes Have Ended

The dollar edged lower as a rise in US weekly jobless claims added to signs that the Federal Reserve may be done with rate hikes in the current cycle. The Bloomberg Dollar Spot Index fell 0.1%, taking the weekly drop to 1.3%. Data on Thursday showed continuing applications for...

Dollar Slips Ahead of key Inflation Data; Sterling Shows Strength

The U.S. dollar drifted lower Monday at the start of a data-packed week, while sterling gained on a degree of confidence returning to U.K. consumers. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.1% to 103.262, heading for a...

Dollar Slips Ahead of Fed Rate Decision

The dollar weakened slightly against the euro ahead of Wednesday's eagerly awaited Federal Reserve policy decision, with investors hoping the U.S. central bank will signal an end to interest rate tightening cycle. The euro, meanwhile, was barely moved by data showing inflation in the bloc had...

Dollar slips after weak data while yen rebounds

The dollar slipped on Thursday after a raft of data showed the U.S. economy is losing momentum, while the yen rebounded as traders continued to bet the Bank of Japan will shift away from ultra-loose monetary policy. U.S. data released on Wednesday showed retail sales fell by the most in a year in...

Dollar Slides, Takes Weekly Loss Into Payroll Data

A gauge of the dollar eased 0.2% ahead of the May US employment report and after weak factory data added to the case for a pause in Federal Reserve tightening. The Aussie rose after an increase to the minimum wage was announced. The Bloomberg Dollar Spot Index fell for the fifth day of...

Dollar Slides Versus Yen as Japan Warns Against Rapid Fall

The dollar weakened against the yen on Wednesday after top Japanese currency officials warned against what they described as rapid and speculative yen moves, while sterling fell after data showed UK inflation did not accelerate in January as expected. The dollar fell 0.14% against the yen to...

Dollar Slides to Nearly 9-Month Low vs Euro after U.S. Inflation Data

The dollar tumbled to a nearly nine-month low against the euro on Thursday after data showed U.S. inflation was easing, prompting bets that the Federal Reserve will be less aggressive with rate hikes going forward. The move lower in the dollar came as the Japanese yen surged, hitting a more than...

Dollar Slides on Sluggish US Data, Aussie Steadies Ahead of RBA

The dollar wobbled on Tuesday after a slump in U.S. manufacturing activity last month pointed to further signs of a slowing economy and trumped renewed inflation concerns following OPEC+'s surprise output cut. The Institute for Supply Management (ISM) survey showed on Monday that manufacturing...

Dollar Slides for Third Day After Powell, Yen Soars

A gauge of the dollar extended declines into a third day after Federal Reserve Chair Jerome Powell offering guarded optimism that price pressures will slow, cementing expectations the central bank will step down from its aggressive tightening pace next month. Bloomberg Dollar Spot Index...

Dollar slides against euro after pullback from nearly 3-month peak

The dollar fell on Wednesday, further retreating from a nearly three-month high against the euro hit a day earlier, with a decline in U.S. bond yields adding to the pressure. Analysts pointed to technical factors for the dollar's pullback, following a two-day rally of as much as 1.4% against the...

Dollar Sinks Versus Yen with US Yields Depressed After CPI

The dollar sank for a second day against the yen on Thursday, feeling the pressure from lower U.S. Treasury yields after slowing inflation gave traders more confidence that the Federal Reserve is through with rate hikes. The 10-year Treasury yield , which the dollar-yen pair tends to track,...

Dollar Shines as US Economy Outperforms, Yen Plumbs 10-Month Low

A buoyant dollar pushed the yen to a 10-month trough on Thursday and kept the euro and sterling pinned near three-month lows, as investors placed their faith in a still-resilient U.S. economy even amid a dour global growth outlook. The greenback scaled a fresh top of 147.865 yen in early Asia...

Dollar Shaky After US Credit Rating Downgrade

The dollar struggled to make headway on Wednesday after a cut on the U.S. government's top credit rating by Fitch raised questions about the country's fiscal outlook, though it drew some support from a relatively resilient run of economic data. Rating agency Fitch on Tuesday downgraded the United...

Dollar Set to Snap Eight-Week Rally on China Data

A gauge of the dollar is set to snap eight straight weeks of gains after data showed China’s economic activity picked up pace in August. The Bloomberg Dollar Spot Index eased 0.1% on Friday, taking the weekly drop to 0.4%. The greenback had risen for eight straight weeks, which was the longest...

Dollar Set for Weekly Gain; Sterling Hit by Weak Retail Sales

The U.S. dollar edged lower in early European trading Friday, but was on track for a second consecutive weekly gain on renewed doubts over early rate cuts by the Federal Reserve, while weak retail sales hit sterling. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a...

Dollar Set For Third Week of Gains as US Debt Talks Loom Large

The dollar eased on Friday but stayed on track for a third straight weekly gain, as markets raised bets on higher-for-longer interest rates to curb sticky inflation and nervously awaited resolution of last-ditch talks on the U.S. debt ceiling. Apparent progress on Thursday in the talks between...

Dollar Set for First Weekly Gain Since March

A gauge of the dollar is set for its first weekly gain in more than a month as rising tensions between US and China dampen risk sentiment.     The Bloomberg Dollar Spot Index is poised for a 0.3% gain this week, its first weekly advance since March 10. President Joe Biden aims to sign...

Dollar Set For Another Positive Week on Raised Fed Hike Expectations

The U.S. dollar edged lower in early European trading Friday but was on course for its third consecutive weekly gain as U.S. rate hike expectations grow. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.1% to 104.040, just...

Dollar sags as Fed decision looms; yen and Aussie rise

The U.S. dollar slipped from near a one-week peak versus major peers on Wednesday, with traders on tenterhooks before a looming Federal Reserve rate decision that should also give clues on the future policy path. The yen outperformed, seeing a sudden burst of strength mid-morning Japan time, with...

Dollar Sags as Bets Build for Fed Skip; Yuan Falters

The dollar hovered near a three-week low to the euro and a one-month low versus sterling on Wednesday, after unexpectedly soft U.S. inflation data cemented the view that the Federal Reserve will skip an interest rate hike later in the day. China's yuan, however, sagged to a 6-1/2-month trough, a...

Dollar Rises With Yields After Jobs Data, Yen Slips

The dollar rose after ADP reported that US firms added more jobs than the median forecast in December, boosting expectations of a soft landing for the economy. The yen fell amid rising Treasury yields and on speculation that the recent earthquake will delay any change in policy from the...

Dollar Rises Slightly, Sterling Hovers Near One-Year High

The dollar inched higher on Tuesday after a loans survey showed U.S. credit conditions were less gloomy than expected, while the pound flirted with a one-year peak on expectations that the Bank of England will raise interest rates this week. In Asia, trade data released on Tuesday showed that...

Dollar Rises for Third Day; Aussie, Kiwi Underperform G-10 Peers

A gauge of the greenback rose for a third day as US Treasury yields extended gains; the euro and Swiss franc outperforming G-10 peers on Thursday while Australian and New Zealand dollars lagged. Bloomberg Dollar Spot Index rises less than 0.1%. AUD/USD falls 0.4% to 0.6312, down for a...

Dollar Rises Broadly, Yuan Slumps as China's COVID Unrest Rattles Sentiment

The dollar gained broadly on Monday as protests against COVID restrictions in China stoked uncertainty and dented sentiment, sending the yuan sliding and pushing nervous investors toward the safe-haven greenback. The COVID protests have flared across China and spread to several cities in the wake...

Dollar Rises Before CPI, Yen Lower on Live BOJ Meet

The dollar headed for its first advance in eight days as sellers took a breather ahead of the release of key US inflation data later Tuesday. The Bloomberg Dollar Spot climbs 0.1% while US yields are little changed across the curve. Profit taking on greenback shorts seen in the euro...

Dollar Rises as Weak China Data Spurs Risk Aversion

The dollar gained against all group-of-10 peers as fresh concerns around China’s economy, coupled with news on Italy and US banks, fanned risk-averse sentiment among investors. The Bloomberg Dollar Spot Index rose 0.5%, with the world’s reserve currency advancing against all...

Dollar Rises as Truss Exit, Fed Boost Haven Demand

A gauge of the dollar’s strength rose as a hawkish Federal Reserve and political uncertainties in the UK bolstered demand for haven assets. The greenback rose against all its Group-of-10 peers as Fed Philadelphia President Patrick Harker said officials are likely to raise interest rates...

Dollar Rises as Traders Mull US Inflation Risks

The dollar strengthened against most Group-of-10 peers as caution on the outlook for US interest rates bolstered the haven asset. The Bloomberg Dollar Spot Index rose as much as 0.3% with data on Tuesday expected to show US consumer price index for January increased 0.5% from a month...

Dollar Rises as China Lockdown Fears Fan Haven Bids

The dollar gained along with Treasuries as fears of a return of stricter Covid containment measures in China boosted demand for havens. Major benchmark Asian stock gauges fell after China reported its first Covid-related death in almost six months and a city near Beijing...

Dollar Rises as China Lockdown Fears Fan Haven Bids

The dollar gained against all Group-of-10 peers as concern about a return to stricter Covid containment measures in China cast doubt over the country’s reopening, boosting demand for haven assets. China reported its first Covid-related death in almost six months and...

Dollar rises as China defends stringent COVID policy, dampening risk sentiment

The dollar firmed on Monday as sentiment soured after China said it is sticking with its strict COVID restrictions, quashing hopes of an imminent reopening in the world's second-largest economy which had earlier fired a broad rally in riskier assets. China said over the weekend that it will...

Dollar Rises as Banking Fears Spur Haven Rush

The dollar advanced against most Group-of-10 currencies as jitters around a global banking crisis spurred demand for havens.  The Bloomberg Dollar Spot Index steadied, erasing a decline of as much as 0.2% earlier as problems at Credit Suisse spurred selling of bank stocks and debt...

Dollar Rises after US Jobs Data

The dollar strengthened on Friday after data showed an increase in jobs in the world's largest economy last month, suggesting the Federal Reserve may have to raise interest rates next month. The dollar index rose by 0.3% to 102.16 after the U.S. non-farm payrolls data. Against the yen, the dollar...

Dollar Rises after Tumbling on SVB Collapse, with CPI Data Approaching

The dollar edged higher in calmer trading on Tuesday, after tumbling on Monday following the collapse of Silicon Valley Bank (SVB). Tuesday's consumer price index (CPI) figures, due out at 8.30 a.m. ET (1230 GMT), have the potential to drive further volatility in global markets. They come a day...

Dollar rises after case for U.S. rate hikes strengthens

The dollar inched higher on Monday as investors set their sights on inflation data later in the week which is expected to show that price pressures remain strong. Meanwhile, sterling slipped for the fourth straight session even after the Bank of England (BoE) expanded its support for...

Dollar Rises a Second Day, Loonie Lower Before BOC

The dollar extended Tuesday’s gains as European stocks and US futures came under pressure. The loonie fell a second day before the Bank of Canada’s policy decision, while the Aussie outperformed its peers. The Bloomberg Dollar Spot Index advances as much as 0.2%, following a 0.3% gain Tuesday;...

Dollar Retreats, Euro Gains after Credit Suisse Boosts Risk Sentiment

The U.S. dollar retreated in early European trade Thursday and the euro pushed higher as Credit Suisse’s move to bolster its financial position boosted risk sentiment. At 03:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% lower...

Dollar retreats with traders on Fed watch; RBA hike boosts Aussie

The U.S. dollar retreated in early European trade Tuesday, while the Australian dollar soared after the RBA hiked interest rates once more in its fight against elevated inflation. At 02:35 ET (06:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,...

Dollar Retreats Ahead of US Inflation Data, Yuan Weakens on Short-Term Rate Cut

The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors remained cautious ahead of key U.S. inflation data due later in the day just as the Federal Reserve kicks off its two-day monetary policy meeting. In Asia, China's yuan fell to a six-month low after the central...

Dollar retreats ahead of Fed minutes; sterling gains despite CPI fall

The U.S. dollar edged lower in early European trade Wednesday, handing back recent gains ahead of the release of minutes from the last Federal Reserve meeting, while sterling gained despite U.K. inflation slowing sharply. At 03:00 ET (07:00 GMT), the Dollar Index, which tracks the greenback...

Dollar Retreats After Strong Fed-Inspired Gains

The U.S. dollar edged lower in early European hours Thursday, handing back some of its overnight gains after the minutes from the Federal Reserve's last meeting pointed to another rate hike later this month. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of...

Dollar Retreats After Overnight Gains; Tech Earnings Lift Sentiment

The U.S. dollar edged lower in early European trade Wednesday, handing back some of its sharp overnight gains which were prompted by continuing concerns about an economic slowdown and the health of the U.S. banking system. At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the greenback...

Dollar retreats after overnight gains, ahead of economic data dump

The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal Reserve’s likely tightening path in the new year. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six...

Dollar retains strength ahead of core PCE index

The U.S. dollar remained in demand in early European trade Friday ahead of the release of the Federal Reserve’s favorite inflation measure, with interest rates seen staying higher for longer. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar retains strength after hawish Fed; Yuan struggles with property woes

The U.S. dollar edged higher, just below the recent six-month high, making a steady start to the new week as traders digested last week’s series of central bank interest rate decisions. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,...

Dollar Remains Unloved; Sterling Drops on Weak Retail Sales

The U.S. dollar edged lower in early European trade Friday, remaining around seven-month lows amid concerns of a U.S. economic slowdown, while sterling retreated after weak retail sales data. At 03:15 ET (08:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar remains near two-month high on hawkish Fed expectations

The U.S. dollar edged lower in early European trade Thursday, but remained near its recent two-month high with traders anticipating next week’s U.S. Federal Reserve’s policy-setting meeting. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar regains support; euro weak ahead of inflation data

The U.S. dollar rose in early European trade Thursday, regaining its firm footing, while the euro slipped ahead of key Eurozone inflation data. At 03:05 ET (08:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% higher at 104.737, near...

Dollar Rebounds on Higher Expectations for Fed Hike in May

The dollar bounced from a one-year low on Monday as resilience in core U.S. retail sales, a rise in short-term inflation expectations and impressive Wall Street bank earnings raised market expectations for an interest rate hike in May. While U.S. retail sales fell more than expected in March,...

Dollar Rebounds on Fed Expectations, Aussie Drops

The dollar clawed back earlier losses on Monday as a hawkish Federal Reserve official laid out the case for further rate hikes, while the Australian dollar sank on concerns about unrest over COVID-19 restrictions in China. The greenback rebounded in early U.S. trading and added to gains after St....

Dollar Rebounds from Four-Month Losing Streak on Higher U.S. Rate Expectations

The U.S. dollar resumed its rally on Tuesday following a brief pause at the start of the week, putting it back on track to end the month with an impressive gain after a four-month losing streak. Market expectations that the U.S. Federal Reserve would have to raise rates more than initially...

Dollar Rebounds From 3-Week Low; Commodity FX Down

The greenback bounced from a three-week low reached the previous day as a drop in Treasury yields eased ahead of the release of US key inflation data. The dollar advanced against all its Group-of-10 peers as traders cautiously awaited for US CPI data for a reality check on the economy...

Dollar Rebounds as Fed Officials Say Hikes to Continue; Yen Slumps

The U.S. dollar climbed versus the yen and stayed firm against other major peers on Tuesday as more Federal Reserve officials made the case for even tighter U.S. monetary policy. The greenback edged up against sterling and hovered more than 1% above its two-month trough to the euro after Fed Vice...

Dollar Rebounds after Recent Sell-Off as Traders Await ECB

The dollar rallied on Thursday, after earlier falling to a one-month low in choppy trading ahead of an expected rate hike from the European Central Bank (ECB). The greenback has slid in recent days as investors have cheered signs that the U.S. Federal Reserve is considering slowing down its...

Dollar rebounds after Friday's sharp losses; U.S. CPI in focus

The U.S. dollar gained in early European hours Monday, recovering some of Friday’s sharp losses after the weak payrolls release, while disappointing Chinese inflation data weighed on the yuan. At 03:10 ET (07:10 GMT), the dollar index, which tracks the greenback against a basket of six other...

Dollar Rebound Looks to Extend Amid Fed Speakers, China Tensions

Three straight days of gains are giving hope to embattled dollar bulls who are looking to a slew of Federal Reserve speakers and rising US-China tensions to extend a nascent rebound. The Bloomberg Dollar Spot Index rose 0.2% on Monday, putting the greenback on track for a gain of nearly...

Dollar rebound from sharp losses; Fed meeting in focus

The U.S. dollar edged higher in early European trade Friday, rebounding after the previous session’s sharp losses as traders sought out a safe haven after weak Chinese inflation data. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,...

Dollar rally stalls after rare FX warning from finance chiefs

The dollar fell for a second day on Thursday after a rare warning by the finance chiefs of the United States, Japan and Korea over the sharp decline in other currencies, which in turn offered the yen some rare respite. The yen got a modest lift after Japan's top currency diplomat Masato Kanda...

Dollar Rally Pauses With Fed Blackout Set to Begin

A gauge of the dollar dipped for the first time in four days with Federal Reserve officials set to enter a blackout period ahead of this month’s policy meeting. The Bloomberg Dollar Spot Index declined 0.1% after rising 1% in the last three days. The blackout period that limits Fed officials’...

Dollar Rally Pauses for Breath after Global Stocks Rebound

The dollar slipped on Friday as risk appetite returned to global stock markets and investors appeared to shift their focus away from U.S. interest rate considerations, even as red-hot inflation data suggested more policy tightening was likely. Traders also remained on edge about prospect of...

Dollar Rally Pauses Ahead of Powell Speech; Aussie Lifted by Hawkish RBA

The dollar eased on Tuesday after its rally the previous day, but still hovered near a one-month peak as traders raised their bets on how high the U.S. Federal Reserve would need to raise interest rates to tame inflation. The big mover on Tuesday was the Australian dollar, which surged as much as...

Dollar Rally on Hold as Upbeat China PMI Data Sparks Risk-on Mood

The dollar eased on Wednesday after China's manufacturing activity expanded at its fastest pace since April 2012 and exceeded forecasts, sending traders flocking towards riskier assets on renewed optimism and away from the safe-haven dollar. The yuan and the Australian and New Zealand dollars...

Dollar rally fizzles as traders reassess risks from Poland

The safe-haven U.S. dollar's early gains fizzled following volatile trading on Wednesday as traders took comfort from U.S. President Joe Biden's remarks that a missile that caused a explosion in Poland may not have been fired from Russia. Turbulent trading during the Asian session saw major...

Dollar Rallies in Asia After Fed Signals Rate Hikes; Yuan, Kiwi Slide

The U.S. dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in the year, while China's and New Zealand's currencies fell on signs of weakness in those economies. The market's attention is now turning to other central bank decisions late this...

Dollar Pulls Back as Powell Sticks to Usual Fed Playbook

The dollar eased on Wednesday after Federal Reserve Chair Jerome Powell failed to offer fresh signs of a hawkish pushback against a resilient labor market in the United States, leading investors to bet that interest rates may not rise much further. In a question-and-answer session before the...

Dollar poised for weekly decline; US jobs data up next

The dollar fell broadly on Friday in a bout of positive risk sentiment following upbeat big tech earnings on Wall Street, while traders awaited U.S. jobs data due later in the day to gauge how soon the Federal Reserve could begin easing rates. The closely watched nonfarm payrolls report later on...

Dollar Poised for Fourth Weekly Gain, Aussie Rises

A gauge of the dollar was little changed amid holiday-muted markets and after inflation data show the Federal Reserve has a good chance to achieve its soft landing. The Aussie gained after Reserve Bank commentary. Bloomberg Dollar Spot Index traded less than a point either side of 1,233, set for...

Dollar pauses for breath as Fed swings into focus

The dollar steadied in a holiday-thinned Asia session on Tuesday, though it struggled to lift far from five-week lows as traders reckoned banking stress would keep the Federal Reserve from hiking rates much further, or at all, later in the week. The greenback ticked about 0.1% higher to $1.0712...

Dollar Pauses Ahead of US Inflation Data, Yen Nears 1990 Lows

The dollar paused on Monday as investors trained their sights on U.S. inflation data later this week, while the yen slipped close to 34-year lows as traders remained on alert for any potential action in Tokyo to support the weakening currency. The dollar fluctuated last week as traders digested a...

Dollar Oscillates on Less Dovish Fed Comments; China Inflation Data Awaited

The U.S. dollar was trading in a tight range on Thursday as traders digested less dovish remarks from policymakers overnight and looked ahead to fresh economic data from the United States. Attention was also on inflation data out of China in the Asian morning amid concerns about deflation in the...

Dollar on Track for Weekly Gain as Fed Pushes Back on Pivot

The dollar was headed for its best week in a month on Friday, as hawkish remarks from Federal Reserve officials and stronger-than-expected retail sales data have put the brakes on a pullback that was triggered by signs of softening inflation. It was helped overnight, too, by a 0.4% fall in...

Dollar on Track for Weekly Gain as Fed Pushes Back on Pivot

The dollar was headed for its best week in a month on Friday, as hawkish remarks from Federal Reserve officials and stronger-than-expected retail sales data put the brakes on a pullback that was triggered by signs of softening inflation. It was helped overnight, too, by a 0.4% fall in sterling...

Dollar on Track for First Weekly Fall in 2024

The U.S. dollar was on track to record a weekly fall for the first time in 2024 on Friday, as investors took a breather after subsiding expectations for future Federal Reserve rate cuts drove the greenback up. Meanwhile, the yen sagged and headed for a fourth weekly drop as investors chased...

Dollar on Track for First Weekly Fall in 2024

The U.S. dollar was on track to record its first weekly fall in 2024 on Friday, as investors took a breather after almost two months of rises built on subsiding expectations for future Federal Reserve rate cuts. The greenback has bounced this year as strong economic data and warnings from Fed...

Dollar on Rates-Watch as Traders Wait on Loans Data

The dollar was catching its breath on Monday after dropping last week when the Federal Reserve hinted at an end to the U.S. rate increase cycle, with traders turning their focus to U.S. inflation and bank lending data for the week ahead. Sterling , which hovered at $1.2633, just below an 11-month...

Dollar on Edge Ahead of Fed Minutes, Kiwi Gains

The U.S. dollar held firm on Wednesday ahead of the release of closely-watched minutes from the Federal Reserve's latest policy meeting, while the New Zealand dollar strengthened on the back of a record rate rise to curb rampant inflation. The U.S. dollar index, which measures the currency...

Dollar on Defensive after Pullback from Nearly 3-Month Peak

The dollar remained under pressure on Wednesday after retreating from a nearly three-month high against the euro in the previous session with a decline in U.S. bond yields adding to the drag. Analysts pointed to technical factors for the dollar's pullback, following a two-day rally of as much as...

Dollar nurses losses as US rates seen peaking

The dollar was on the defensive and trading by multi-month lows on the euro and a handful of other major currencies on Tuesday, as investors expect U.S. interest rates to fall next year and see that as a signal to sell the dollar in anticipation. Moves were modest in early Asia trade, but the...

Dollar notches fresh highs as Fed cut bets recede

The dollar rose to an eight-week top against its major peers on Monday as traders clawed back bets for aggressive rate cuts by the Federal Reserve this year in view of a still-resilient U.S. economy. The yen as well as the Australian and New Zealand dollars, meanwhile, tumbled to two-month lows...

Dollar Nears March Low as Inflation Data Buoys Euro

The dollar was broadly weaker on quarter-end flows and as expectations of an end to Fed rate hikes fuels a rally in US shares. The euro touched a session high after German inflation data reinforced expectations the European Central Bank will hike rates. The Bloomberg Dollar Spot Index fell as...

Dollar nears 150 yen ahead of US inflation data; sterling edges up

The yen fell close to the psychological 150 per dollar level on Tuesday ahead of a key reading on U.S. inflation due later in the day, while the pound rose to an almost six-month high against the euro after stronger-than-forecast wage data. The Swiss franc dropped to multi-week lows versus the...

Dollar Near Two-Week High Before Key Inflation Data

A gauge of the dollar traded near a two-week high ahead of the release of US key inflation data. CPI is forecast to have eased in September, giving a break to the latest greenback rally. The Bloomberg Dollar Spot Index was steady with US September CPI forecast to have fallen to 8.1% y/y...

Dollar near two-month highs after Fed minutes; yen remains weak

The U.S. dollar edged lower in early European trade Thursday but remains trading near two-month highs after the minutes from the last Federal Reserve meeting offered a hawkish slant. At 03:00 ET (07:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,...

Dollar Near One-Week High as Traders Prepare for Powell, Payrolls Tests

The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a three-day rally, as investors braced for comments from Federal Reserve Chair Jerome Powell later and a crucial monthly jobs report at the end of the week. The euro hovered near a one-week low after German and...

Dollar Near Eight-Month Low Ahead of C.Bank Meetings

The dollar lolled near an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears and as traders stayed on guard ahead of a slew of central bank meetings next week. The U.S. dollar index , which measures the greenback against a basket of...

Dollar Mired Near Two-Month Low; Kiwi Gains on RBNZ Surprise

The U.S. dollar was stuck near two-month lows on Wednesday as weak economic data bolstered views that the Federal Reserve is near the end of its tightening cycle, while the New Zealand dollar jumped after a larger-than expected interest rate hike. New Zealand's central bank raised interest by 50...

Dollar mired near two-month low after jobs jolt; RBNZ boosts kiwi

The dollar wallowed near two-month lows on Wednesday after weak data supported the view that the Federal Reserve may not need to raise rates much further, while the New Zealand dollar hit two-month highs after a larger-than expected rate hike. With the all-important U.S. monthly employment report...

Dollar Melemah, Aussie Menguat Saat Pulihnya Sentimen Jelang Data Pekerjaan AS

Dolar safe-haven melayang di bawah level tertingginya satu tahun ke mata uang utama lain pada hari Jumat (8/10) di tengah meningkatnya sentimen risiko, sementara para pedagang menunggu petunjuk tentang laju normalisasi kebijakan Federal Reserve dari laporan penggajian bulanan yang diawasi...

Dollar Little Changed after Previous Day's Jump; Investors Look to Fed Next Week

The U.S. dollar was nearly unchanged against the euro and yen on Tuesday after strong gains the day before, with investors trying to position for next week's expected interest rate hike from the U.S. Federal Reserve. The Australian dollar was down slightly. It rose earlier after the Reserve Bank...

Dollar languishes as Fed rate hike fears recede; China reopening boosts optimism

The U.S. dollar languished near a seven-month low against other major currencies on Tuesday, as investors took heart that the Federal Reserve may be nearing the end of its rate-hike cycle and as China's reopening drove demand for riskier assets. The dollar's decline pushed the euro to a...

Dollar languishes as bank crisis fears ebb on Credit Suisse rescue

The dollar regained some ground on Tuesday but was pinned near a five-week low as traders tiptoed back into riskier assets after UBS' state-backed takeover of Credit Suisse allayed some fears of a widespread, systemic banking crisis. Market sentiment remained fragile, however, as investors...

Dollar Keeps Gains as Traders Bet Fed Headed for a Pause

The U.S. dollar was clinging close to a more than one week peak on Friday as a slew of data overnight pointed to a slowing U.S. economy, with investors betting that the Federal Reserve will further pause its interest rate increases. The dollar index , which measures the U.S. currency against six...

Dollar Jumps After Surprise Boost in May Payrolls

The U.S. dollar rose on Friday after May's non-farm payrolls report showed employment numbers surged, while traders weighed the merits of the U.S. Federal Reserve possibly skipping a rate hike in June. The report showed that payrolls in the public and private sector increased by 339,000 in May,...

Dollar in Tight Ranges Ahead of US Inflation Data

A Bloomberg gauge of the dollar was little changed ahead of key US inflation data, which is forecast to show core prices consistent with the Federal Reserve’s 2% target on an annualized basis. The Bloomberg Dollar Spot Index fluctuated between gains and losses of less than...

Dollar in Retreat; Payrolls Release Looms Large

The U.S. dollar edged lower in early European trade Friday ahead of the release of the widely watched monthly U.S. jobs report which could influence future Federal Reserve monetary policy. At 03:05 ET (08:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar in holding pattern as U.S. inflation test looms, PBOC supports yuan

The dollar held near the center of its range this week against a basket of major peers, as investors awaited key U.S. inflation data later Thursday that could influence the path for Federal Reserve policy. The U.S. currency edged to a one-month high versus the yen as markets took the view that...

Dollar in Doldrums as Euro Near 9-Month Peak, Yen Bounces

The dollar was on the back foot on Tuesday, hovering near a nine-month low to the euro and giving back recent gains against the yen, as traders continued to gauge the risks of a U.S. recession and the path for Federal Reserve policy. Europe's single currency was buoyed on Monday by comments from...

Dollar in Doldrums as Euro Near 9-Month Peak, Yen Bounces

The dollar hovered near a nine-month low to the euro and gave back recent gains against the yen on Tuesday, as traders weighed the risks of a U.S. recession and the path for Federal Reserve policy. The U.S. dollar index - which measures the greenback against a basket of six peers, including the...

Dollar Hovers Shy of Five-Week Top, Pound Swings after Jobs Data

The dollar on Tuesday sat just below the previous day's five-week high, while the pound dropped sharply then recovered after a rise in Britain's jobless numbers suggested fewer Bank of England rate increases could be needed in coming months to bring down inflation. The dollar index, which tracks...

Dollar Hovers Near Seven-Month Low Before US CPI

A gauge of the dollar’s strength stayed near the lowest in seven months as traders focused on Thursday’s US consumer price data for cues on the Federal Reserve’s rate hike trajectory.   The Bloomberg Dollar Spot Index was little changed near the lowest level since June while other...

Dollar hovers near 7-week high as Fed cut bets shift to May

The dollar hovered close to the highest level in seven weeks against the euro on Thursday, after Federal Reserve Chair Jerome Powell pushed back on the idea of a first U.S. interest rate cut as soon as March. The yen, however, held on to overnight gains amid a decline in U.S. Treasury yields, as...

Dollar hovers at six-week highs ahead of data blast

The dollar hovered around its highest in six weeks, ahead of data this week that could offer direction on future interest rates, while the euro weakened in the run-up to monthly business activity figures. Strong U.S. labour data and sticky inflation have raised U.S. rate expectations and...

Dollar Holds Third Weekly Gain Before US Jobs Data

A gauge of the dollar consolidated its third weekly gain ahead of US jobs data, where a hot print could fuel further repricing of the Federal Reserve’s interest-rate trajectory. The Bloomberg Dollar Spot Index climbed less than 0.1% Friday, after advancing for a second day Thursday in response to...

Dollar holds steady as risk rally stalls

The dollar eased slightly on Wednesday though it stayed near a two-week high, underpinned by a confluence of factors including elevated U.S. Treasury yields and a cautious turn in risk sentiment that weighed on Wall Street. Trading was thinned in Asia with Japan out on a holiday, with the...

Dollar Holds Near Two-Month High as Debt Talks Drag

The dollar held onto a small overnight gain after talks between House Speaker Kevin McCarthy and President Joe Biden were seen as productive despite ending without a signed deal. The Bloomberg Dollar Spot Index edged higher after rising 0.1% Monday to resume a rally. The yen...

Dollar Holds Near Three-Month Low Before Holiday

A gauge of the dollar consolidated near the lowest level in almost three months as markets prepared for a local holiday both in the US and Japan. The Bloomberg Dollar Spot Index was little changed after touching the lowest level since Aug. 31 on Tuesday. Federal Reserve...

Dollar holds near multi-week tops on higher-for-longer U.S. rates

The dollar held shy of multi-week peaks against other major currencies on Thursday, a day after minutes from the Federal Reserve's last policy meeting supported, but did not add to markets' view the central bank will raise rates further. The euro was flat at $1.0606, just above its near...

Dollar Holds Near 7-Week High Before Powell Speaks

Gauge of the dollar held near a seven-week high as investors waited for comments from Federal Reserve Chair Jerome Powell to gauge his views on the US economy. Australia’s dollar declined amid risk-off price action in Asian stocks. The Bloomberg Dollar Spot Index traded little changed at 1,246.80...

Dollar Holds Gains on U.S. Bank Results, Kiwi Slides on CPI Data

The U.S. dollar held gains on Thursday after strong U.S. banking results firmed up expectations that the Federal Reserve will keep monetary policy tight for a while longer, and New Zealand's dollar slumped after cooler than expected inflation data. The dollar index, which tracks the currency...

Dollar Holds Gains on Fed View, Swiss Franc Slides

The dollar held close its strongest level in more than two months on the view that the Federal Reserve is unlikely to cut interest rates before May. The Swiss franc fell to its weakest against the greenback in nearly two months, pressured by its low yield. Investors await speeches by Federal...

Dollar holds gains after Fed; franc falls as SNB springs surprise

The dollar hit a 6-1/2 month high on Thursday after the U.S. Federal Reserve signalled policy would remain restrictive for longer, even after holding rates steady, while the Swiss franc dropped after the Swiss National Bank kept rates unchanged. The pound sank to its lowest since April before the...

Dollar Holds Firm, Yen Hovers Around 32-Year Low

The dollar took a breather on Friday after a volatile overnight session as red-hot U.S. inflation data pointed to more aggressive interest rate hikes, while traders were on edge about intervention as the yen wallowed near a three-decade low. The dollar index was little changed after falling 0.5%...

Dollar holds fast ahead of Fed decision, sterling falls on cool UK inflation

The dollar remained firm on Wednesday ahead of a much-anticipated rate decision by the Federal Reserve later in the day, while sterling slid on increased bets the Bank of England (BoE) will pause its historic run of interest rate hikes. The U.S. dollar index, which measures the currency against a...

Dollar Holds at Five-Month High After Volatile Week

The dollar held near a five-month high on Friday following a week that saw traders aggressively pare Federal Reserve easing bets.  Bloomberg Dollar Spot Index was little changed while the yield on policy sensitive two-year Treasuries fell three basis points to 4.93% The dollar gauge has...

Dollar Hits One-Month High Against Yen as Traders Bet on Fed Rate Hike

The dollar climbed to a one-month high against Japan's yen on Monday as traders eyed up another interest rate hike from the Federal Reserve, while the Bank of Japan stuck to its easy-money policies for now. The dollar rose to 134.22 yen earlier in the session, the highest level since March 15. It...

Dollar hits new two-month low ahead of key U.S. inflation report

The U.S. dollar slumped to its lowest level in two months in early European hours Wednesday ahead of a crucial U.S. inflation report, while sterling climbed to a fresh 15-month high on expectations of further U.K. rate rises. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback...

Dollar hits near 7-week low as Fed’s terminal rate approaches

The dollar tumbled to a near seven-week low on Wednesday after the Federal Reserve hiked interest rates as expected, although some language in the central bank’s announcement suggested that interest rates may be close to reaching their peak. The dollar index fell about 0.7% against a basket of...

Dollar Hits Highest in more than a Month on China Economy Concerns

The U.S. dollar hit more than a one-month high on Tuesday as investors sought a safe haven due to concerns about China's economy, and traders braced for possible Japanese government intervention after the yen hit its lowest level since November. The dollar index , which tracks the currency...

Dollar Hits 7-Month High Against Yen; ECB Comments Boost Euro

The dollar rose to a seven-month high against the yen on Tuesday before paring its gains, with investors on the look-out for possible intervention by Japan to boost the ailing currency. Meanwhile, the euro picked up against the dollar as investors listened closely to policymakers' speeches at the...

Dollar Higher; U.S. Jobs Report to Show Healthy Labor Market

The U.S. dollar rose in early European trade Friday, trading near a one-month high after healthy employment data pointed to a strong labor market ahead of the widely-watched official jobs report. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Higher; Hawkish Fed Officials, Debt Ceiling Uncertainty Helps

The U.S. dollar traded higher in early European hours Wednesday following hawkish comments from a number of Fed officials and with the debt ceiling standoff in Washington continuing. At 03:10 ET (07:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,...

Dollar heads for losing week; euro gains on hawkish Lagarde comments

The U.S. dollar weakened in early European trade Friday, on course for a weekly loss, amid uncertainty over the extent of the Federal Reserve’s future tightening path. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower...

Dollar Heads for Longest Stretch of Weekly Losses Since 2020

The dollar headed for its longest stretch of weekly losses in almost three years on Friday, as traders ramped up expectations of an imminent end to the U.S. Federal Reserve's rate-hike cycle following signs that inflation may be cooling. Data on Thursday showed U.S. wholesale prices, as measured...

Dollar hangs near 5-week high as inflation data looms; yen slips

The dollar hovered near a five-week high against major peers on Monday on rising bets for prolonged Federal Reserve policy tightening ahead of a crucial consumer price report the following day. The yen slipped with the government set to nominate a candidate who backs the current policy settings...

Dollar Hangs at Three-Month Low as Traders Eye PCE Data

The U.S. dollar ticked down to a three-month low against peer currencies on Tuesday after slipping overnight on weaker-than-expected new home sales data, while traders hunkered down on bets that the Federal Reserve could start cutting interest rates in the first half of next year. U.S. new home...

Dollar hands back some overnight gains; sterling down after weak retail sales

The U.S. dollar retreated in early European trade Friday, handing back some of the previous session’s strong gains, as traders digest the implications of monetary tightening at a series of senior central banks. At 03:25 ET (08:25 GMT), the Dollar Index, which tracks the greenback against a basket...

Dollar Hands Back Gains Ahead of Release of Federal Reserve Minutes

The U.S. dollar weakened Wednesday, handing back some of the previous session's outsized gains, with traders looking for fresh clues on future U.S. monetary policy from the minutes of the Federal Reserve's December meeting. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback...

Dollar hands back gains after Israeli strike; weekly gains likely

The U.S. dollar handed back early gains Wednesday in volatile action, as traders digested the reported Israeli strikes against Iranian sites and the impact on risk appetite. At 05:25 ET (09:25 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1%...

Dollar Halts Two-Day Gain With Fed, CPI in View

A gauge of the dollar snapped a two-day advance as traders awaited a US policy review and inflation data due next week. The greenback rose briefly after data showed Chinese export and imports posted steeper declines in November. Investors are gearing up for a...

Dollar Halts 3-Day Drop; Focus on US Midterms, CPI

The dollar snapped a three-day decline versus a currency basket as investors awaited US midterm election results which may influence the outlook for fiscal and monetary policy. The pound stumbled, retreating from a one-week high hit the previous day. The Bloomberg Dollar...

Dollar Gains, Yen Flirts with Intervention Levels

The dollar loomed large over fragile financial markets on Tuesday, with worries about rising interest rates, global growth and geopolitical tensions unsettling investors, while the yen was testing levels that have prompted official intervention. The yen hit 145.80 per dollar overnight, just 10...