Yen, Franc Trim Gain as SNB Lends to Credit Suisse

The Japanese yen and Swiss franc trimmed intraday haven gains over Group-of-10 currencies on report that Credit Suisse is to borrow up to CHF50 billion under a covered loan facility with the Swiss National Bank. The US dollar slipped after its best advance in a week the prior...

Yen Tumbles After BOJ Sticks with Ultra-Loose Policy

The yen tumbled on Tuesday after the Bank of Japan (BOJ) maintained its ultra-loose monetary policy, as expected, and more surprisingly did not signal a change was approaching, while the dollar drifted at the low end of its recent range. The dollar and euro both climbed 1% on the yen, each set...

Yen Steady Near 34-Year Low Amid Kanda Comments

The yen held near a 34-year low, defying comments from Japanese government officials that once more threatened a possible market intervention. Other Group-of-10 currencies traded in tight ranges with many major markets including Australia, Hong Kong and Singapore shut to observe the Good Friday...

Yen Steadies Into BOJ Decision, Dollar Consolidates

The yen was little changed in the run-up to the Bank of Japan’s decision where the central bank is widely expected to retain its ultra-loose monetary policy. USD/JPY steady at 148.14. FX pair’s one-day implied volatility gains 1.15 vol to 17.38 while 1-week advances 0.46 vol to...

Yen Stabilises After Finance Minister Comments, Dollar Dips

The dollar was on the back foot on Tuesday, owing to profit taking and pressured in part by a slightly stronger yen as Japanese government officials continued their jawboning to defend the currency. Against the greenback, the New Zealand dollar rebounded from a four-month low and last rose 0.13%...

Yen Slides as BOJ's Piecemeal Policy Tweak Underwhelms

The yen weakened on Tuesday and languished near a one-year low against the dollar, after a small step by the Bank of Japan (BOJ) towards ending years of massive monetary stimulus failed to appease some investors who had expected a bigger move. At the conclusion of its two-day policy meeting, the...

Yen Slides After BOJ Ends Negative Rates; Aussie Falls

The yen fell on Tuesday after the Bank of Japan (BOJ) ended its negative interest rate policy in a monumental but highly anticipated decision, while the Australian dollar also slid after its central bank kept rates steady. The BOJ ended eight years of negative interest rates and other remnants of...

Yen Shines; Aussie, Kiwi Bounce on Dollar Decline

The Japanese yen advanced for a second day, once again outperforming G-10 peers. Australian and New Zealand dollars climbed after eight straight days of losses, buoyed by a weaker greenback. The Bloomberg Dollar Spot Index slipped a second day, down ~0.2% in total. It has gained ~0.5%...

Yen Rises on Speculation of BOJ Policy Tweak; Dollar Ebbs

The yen hovered near a two-week high on Tuesday, boosted by a report that the Bank of Japan (BOJ) could further tweak a key bond yield policy tool when it announces its monetary decision later in the day. The dollar looked set to end the month largely unchanged against a basket of currencies ,...

Yen Reverses Initial Gain After Japan FX Comments

The yen erased an initial gain made against the dollar after Japan’s currency chief Masato Kanda stepped up verbal rhetoric to support the currency, though was still higher against other Group-of-10 peers.  USD/JPY little changed at 147.75; it fell as much as 0.2% to 147.37 after Kanda said...

Yen Rallies to Highest Since June on Haven Demand

The yen rose against all its Group-of-10 peers as a drop in US stock futures dampened risk appetite and boosted the demand for haven assets. USD/JPY fell as much as 0.8% to 129.82, the lowest since June. Traders executed stop loss sell orders under the August low of 130.41 and option...

Yen Rallies on Hints of BOJ Policy Shift

The yen extended its towering rally on Friday and marched toward its best week against the dollar in nearly five months, as traders ramped up expectations that the end of Japan's ultra-low interest rates was closing in. The broad strength from the yen kept a lid on the dollar, which stayed on the...

Yen Pauses Slide After Official Escalates Intervention Warning

The battered yen found a footing on Wednesday on renewed threats of intervention from Japan and as investors turned their focus toward a Federal Reserve policy meeting later in the day. U.S. interest rates are expected to stay on hold, though the release of Treasury refunding details may move the...

Yen Near Three-Decade Low Amid Intervention Bets

The yen holds close to a three-decade low against the greenback as Japanese officials continued to threaten intervention. Group-of-10 currencies are in a tight range as major Asian markets remain shut for a holiday. The yen trades little changed at 151.27 per dollar after touching 151.97 last...

Yen Near Four-Month Low, Fed in Spotlight

The yen languished near a four-month low against the U.S. dollar and a 16-year trough against the euro on Wednesday as traders wagered Japan's monetary settings will remain accommodative even as the central bank ends its negative interest rate policy. While the Bank of Japan on Tuesday ushered in...

Yen Lags While Dollar Waits on US CPI

The yen was squeezed on Thursday, weighed by sluggish Japanese wages, while the dollar was becalmed as traders waited on U.S. inflation data to see whether bets on rate cuts were justified. The yen fell 0.9% on the dollar overnight and 1.2% on the euro after data showed workers' real wages shrank...

Yen Jumps; Aussie Gets a Boost from Strong Jobs Data

The yen rose sharply on Thursday in part due to a broadly weaker dollar, but also drew support from expectations of further rate hikes from the Bank of Japan later this year and some jawboning efforts from Japanese government officials. Down Under, the Australian dollar jumped after data on...

Yen Holds Nerve as BOJ Decision Looms; Dollar Resurgent

The yen dwindled near the 150 per dollar level on Tuesday but held its ground ahead of a pivotal policy decision from the Bank of Japan (BOJ), while the U.S. dollar towered over its peers as bets for early rate cuts there were trimmed. Rate decisions from the BOJ and the Reserve Bank of Australia...

Yen Holds Ground Ahead of Key BOJ Test; Dollar Slips

The yen stood firm on Monday as the Bank of Japan (BOJ) kicked off a two-day meeting that could be crucial in determining the timing of the end of the central bank’s ultra-loose stance on interest rates. The recent burst of risk appetite has given the Australian and New Zealand dollars in...

Yen Hits 2-Week High on BOJ Bets, Middle East

The yen rose to its highest in two weeks after comments by Bank of Japan Governor Kazuo Ueda stoked speculation about another rate increase. Traders are also cautious amid signs of escalating tensions in the Middle East and ahead of the release of US payrolls data. The yen rose against all its...

Yen Hands Back Gains, Dollar Waits On CPI

The yen nursed losses on Tuesday as traders walked back expectations for a Japan rate hike, while the dollar was waiting on U.S. inflation data and a slew of central bank meetings. The dollar rose about 0.9% on the yen overnight . At 145.96 yen it is about 3% above a low touched last week after...

Yen Halts Four-Day Drop as Intervention Risk Grows

The yen rose for the first time in five sessions, moving away from the psychological level of 150 per dollar, as repeated verbal warnings by Japanese authorities over the currency’s weakness spurred intervention fears. USD/JPY fell 0.2% to 149.39, retreating from a 11-month high of 149.71...

Yen Gains on Renewed BOJ Rate Hike Bets

The yen rose after Jiji reported that at least one Bank of Japan board members will say that it’s appropriate to end the negative rate policy at a meeting this month. The dollar gauge fell for a fourth session. The Bloomberg Dollar Spot Index dropped 0.1% as traders waited for Federal...

Yen Gains on Currency Warning, Dollar Declines

The yen rose after Japan’s top currency official warned against speculative moves in the foreign-exchange market. A gauge of the dollar fell following its biggest weekly gain since January. USD/JPY dropped 0.1% to 151.22. Japan’s vice finance minister for international affairs Masato Kanda...

Yen Gains on BOJ Comments, US PCE Data Watched

The yen extended gains after Bank of Japan’s board member Hajime Takata said the central bank’s price target is finally coming into sight, bolstering expectations for the central bank to exit its ultra-loose policy stance. USD/JPY fell 0.5% to 149.87. The yen was also supported as...

Yen Gains As Speculation Of Imminent BOJ Pivot Grows; Dollar Eases

The yen hit a one-month high against the dollar on Thursday on growing speculation that the Bank of Japan could end negative interest rates this month, while bets that U.S. rate cuts could come by mid-year weighed on the greenback. The Japanese currency rallied more than 0.5% to a high of 148.40...

Yen Firms on Hints Policy Change May Come; China Market Rescue Talk Lifts Yuan, Aussie

The Japanese yen reversed course on Tuesday firming on hints the Bank of Japan might tweak policy at its next meeting, having earlier dipped after the central bank matched market expectations and maintained its ultra-easy monetary settings. The dollar was last down about 0.37% on the Japanese...

Yen Firms Amid Intervention Chatter, Aussie Rises On RBA Decision

The dollar fell slightly against the yen on Tuesday as markets remained on high alert for signs of Japanese intervention, while the Australian dollar gained after the country's central bank held interest rates steady. The greenback was down 0.19% by 0833 GMT to 144.45 yen, after rising 0.27% on...

Yen Falls on Weak Real Earnings; US Data in Focus

The Japanese yen declined after the nation reported a drop in real cash earnings, stoking bets that the Bank of Japan won’t shift its uber-accommodative policy so soon. The yen dropped against all its Group-of-10 peers after Japanese real earnings declined 3.8% in November from a year...

Yen Drops After BOJ’s Unscheduled Bond Purchase

The yen flipped to a loss after the Bank of Japan announced unscheduled bond-purchase operations as yields on the benchmark note climbed to a nine-year high. USD/JPY rose as much as 0.4% to 141.65 after falling to 140.70 earlier. Interbank desks are monitoring dollar stop-loss buy...

Yen Declines on Ueda Comments, Dollar Halts Gains

The yen weakened after Bank of Japan Governor Kazuo Ueda said the central bank’s price target was not in sight, paring Thursday’s gains spurred by comments from a BOJ board member. A gauge of the dollar paused its advance following remarks from a Federal Reserve...

Yen Breaches 145 Per Dollar Level as US Yields Rise

The yen weakened past 145 per dollar, putting traders on watch for possible intervention by the Bank of Japan to support the currency, as Treasury yields extended overnight gains. USD/JPY was little changed at 144.76 after rising to 145.07, the highest since Nov. 10. Finance minister...

Yen Bears Rush for The Exits on Hints of BOJ Policy Shift

The yen extended its sharp rally on Friday and marched toward its best week against the dollar in nearly five months, as traders ramped up expectations that the end of Japan's ultra-low interest rates was nearing. The broad strength in the yen kept a lid on the dollar, which also stayed on the...

Westpac Memprediksi Pemangkasan Suku Bunga RBA di Oktober, Dolar Australia Turun

Dolar Australia jatuh terhadap semua mata uang utama setelah seorang ekonom berpengaruh di Westpac Banking Corp mengatakan bank sentral akan menurunkan suku bunganya paling lambat di Oktober. AUD / USD turun sebanyak 0,4% menjadi 0,6978, terlemah sejak 12 Juli. Reserve Bank of Australia mungkin...

Weak Global Activity Data Sends Dollar Higher, Aussie Skids

Jitters about global growth caused the dollar to rise on Tuesday, sending the euro to its lowest in nearly three months and the Aussie down over 1%, not helped by underwhelming data in China and the Reserve Bank of Australia keeping rates steady. The euro was down 0.45% at 1.0747, while sterling...

US Dollar Set for Weekly Gain As Traders Await CPI

The greenback is set for its second weekly gain as traders await Tuesday’s key inflation data to assess the outlook for Federal Reserve rate hikes.  The Bloomberg Dollar Spot Index was little changed in early trading. The gauge is set for a 0.2% gain this week as traders lifted...

US Dollar Rises Broadly as Risk Tolerance Drops after Moody's Downgrade, Chinese Data

The U.S. dollar firmed across the board on Tuesday, garnering safe-haven bids, after a disappointing set of Chinese trade figures hurt the yuan and the Australian and New Zealand currencies, with European risk-sensitive currencies also sliding on the worsening global outlook. The dollar index...

US Dollar Falls Against Most Currencies as Rate Cut View Weighs

The U.S. dollar slid against most major currencies on Monday, with a measure tracking the greenback's value on track for its biggest monthly drop in a year, weighed down by expectations that the Federal Reserve could start cutting interest rates by the first half of next year. The dollar index,...

Swiss Franc at Nine-Year High as Dollar Weakens Ahead of Inflation Data

The Swiss franc hit its strongest level against the dollar in nearly nine years on Friday, and the euro reached a four-month high as the greenback stayed under pressure ahead of the release of a key U.S. inflation gauge later in the day. The dollar has been softening in recent months as data...

Sterling Pulih Untuk Saat Ini; Kenaikan Dolar Tertahan

Pound Inggris bergerak lebih tinggi pada hari Selasa (27/9), rebound setelah jatuh ke rekor terendah terhadap dolar AS karena para pedagang mengambil jeda setelah beberapa sesi yang bergejolak. GBP/USD naik 0,9% menjadi 1,0783, memantul setelah jatuh ke level terendah sepanjang masa di 1,0327...

Sterling Merosot ke Rekor Terendahnya

Pound Inggris terus merosot di awal perdagangan Eropa Senin (26/9), jatuh ke rekor terendah terhadap dolar AS yang melonjak karena para pedagang meragukan keberlanjutan rencana ekonomi pemerintah Inggris yang baru. GBP/USD merosot sebanyak 5% ke level terendah sepanjang masa 1,0327 Senin...

Steady Dollar Has Yen Pinned Near Key Level Of 152

The dollar index held near its highest level in over four months on Wednesday, pinning the yen close to its lowest its decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency. The euro was steady at $1.0766 as was the pound at...

Steady Dollar Has Yen Pinned Near Key Level of 152

The dollar index held near its highest level in over four months on Wednesday, pinning the yen close to its lowest its decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency. The euro was steady at $1.0776 as was the pound at...

Soft Data Drags Back Dollar Ahead of Jackson Hole

The dollar nursed a sharp pullback against Asian currencies on Thursday, after softer-than-expected global economic data muddied the interest rate outlook and pushed down U.S. yields ahead of the Federal Reserve's Jackson Hole symposium. The Australian dollar , which has been taking a battering...

Soft Data Clips Dollar Ahead of Jackson Hole

The dollar nursed losses against Asian currencies on Thursday, after softer-than-expected global economic data muddied the interest rate outlook and pushed down U.S. yields ahead of the Federal Reserve's Jackson Hole symposium. The Australian dollar , which had been taking a battering on signs of...

Sliding Yen Stokes Intervention Threat; Dollar Reigns

The yen approached the closely watched 150 per dollar level on Monday and kept traders on intervention watch after the Bank of Japan and Governor Kazuo Ueda quashed hopes of any imminent move away from its stark ultra-loose monetary policy. In the broader currency market, the dollar was on the...

Optimisme Pada Vaksin Tingkatkan Minat Terhadap Aset Berisiko, Dolar Turun

Dolar melemah pada Rabu pagi di Asia, setelah meningkatnya optimisme atas pemulihan ekonomi global membuat investor beralih ke aset berisiko. Namun, pasar melihat pergerakan kecil secara keseluruhan. Optimisme, didorong oleh kemungkinan vaksin COVID-19 yang akan segera tersedia dan kejelasan...

Markets Brace for US Inflation Reading, Yen Strengthens on BOJ Comments

The dollar tracked toward monthly gains on Thursday as European inflation data trickled in and ahead of highly-anticipated U.S. data, while the sliding yen made back some ground after a policymaker hinted at the need to exit ultra-easy policies. The dollar was down 0.66% against the yen at 149.75...

Japanese Yen Tumbles as BOJ Sticks with Ultra-Loose Policy

The yen tumbled on Tuesday after the Bank of Japan (BOJ) maintained its ultra-loose monetary policy, as expected, and more surprisingly did not signal a change was approaching, while the dollar drifted at the low end of its recent range. The dollar jumped 1.3% on the yen, and the euro a touch...

Investor Tunggu Keputusan Suku Bunga The Fed, Dolar Melemah

Dolar turun pada hari Rabu pagi di Asia dengan investor menunggu hasil pertemuan Federal Reserve AS di akhir hari nanti. Indeks Dolar AS yang mengikuti greenback terhadap sekelompok mata uang lainnya turun 0,15% menjadi 99,785 pada 11:14 ET, dengan saham mencatat keuntungan dan investor mundur...

Euro Outperforms After Hotter Spanish Inflation

The euro advanced after hotter-than-expected Spanish inflation data for January, which prompted money-market traders to add to bets on the European Central Bank’s hiking cycle.  Spanish inflation unexpectedly quickened to 5.8% year-on-year in January, from 5.5% in December. While economists’...

Euro Falls as ECB Hike Bets Take Hit on Inflation, Policymaker Comments

The euro fell on Thursday as traders trimmed bets on a rate hike from the European Central Bank in September after comments from influential German policymaker Isabel Schnabel and a moderation in underlying price growth in August. The single currency was last down 0.5% at $1.0871, retracing all...

Euro Edges Up From Near 3-Month Low Ahead Of ECB Meeting

The euro edged up from near a three-month low against the dollar on Thursday as traders waited to see if the European Central Bank would raise rates, a day after U.S. inflation data failed to alter views for a Federal Reserve pause next week. The euro added as much as 0.21% to $1.0752, continuing...

Euro Drops After PMI Data, Dollar Weighed by Yields

The euro reversed gains following PMI data releases out of France and Germany while the dollar came under pressure as Treasuries extended Monday’s advance. EUR/USD falls 0.1% to 1.0655, after touching 1.0694 day high; the advance came as the Bloomberg Dollar Spot Index dropped as much as...

Dollar Wobbles; Yuan On Guard Ahead Of China Data Dump

The dollar ebbed on Monday on renewed expectations of a rate cut by the Federal Reserve in March, while the Chinese yuan struggled near a one-month low ahead of a slew of economic data this week. China's fourth-quarter gross domestic product (GDP), December industrial production, retail sales and...

Dollar Weakens, Euro Gains Ahead of Central Bank Meetings

The U.S. dollar was on the back foot in early European trade Tuesday, with traders positioning for a more hawkish stance from the European Central Bank than the Federal Reserve ahead of next week’s policy-setting meetings. At 02:50 ET (06:50 GMT), the dollar index, which tracks the greenback...

Dollar Weakens as China Steps Up Yuan Support

The US dollar fell against Group-of-10 peers as China ramped up support for the yuan. The yen gained.  Bloomberg Dollar Spot Index fell 0.2%, extending its loss after the People’s Bank of China delivered its strongest ever push-back against a weaker yuan via its daily reference...

Dollar Weakens Ahead of U.S. GDP Release

The U.S. dollar weakened in early European trade Thursday ahead of the release of key U.S. growth data, amid concerns over banking contagion risks, a slowing economy and a debt ceiling standoff. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Turun Dari Level Tertingginya 16-Bulan

Dolar melemah pada hari Kamis (18/11), berkonsolidasi tepat di bawah level tertingginya 16 bulan, sementara lira Turki merosot menjelang pertemuan bank sentral terbaru negara itu. Pada 02:55 ET (0755 GMT), Indeks Dolar, yang mengikuti greenback terhadap sekelompok enam mata uang lainnya,...

Dollar Tracks Treasury Yields Lower as Fed Stays on Hold

The dollar fell broadly on Thursday, tracking a slide in U.S. Treasury yields as markets grew more convinced the Federal Reserve was done with its aggressive monetary policy tightening cycle after it left rates unchanged. The Fed on Wednesday held interest rates steady as widely expected, as...

Dollar Touches Nine-Month High on Yield Advantage

The dollar touched a nine-month high amid prospects that the greenback’s real yield advantage will widen over its peers as the Federal Reserve keeps restrictive policy. The Bloomberg Dollar Spot Index rose as much as 0.1% to the highest since December before holding little changed. Fed Governor...

Dollar Touches Five-Month Low on Rate Cut Hopes in Thin Market

The dollar slipped to a five-month low on Wednesday and the euro touched a four-month peak on expectations that the Federal Reserve could soon cut interest rates, but thin year-end trading flows limited moves. With many traders out for holidays, volumes are likely to be muted until the New...

Dollar Tentative, Kiwi Jumps as NZ Inflation Data Tempers Rate Doves

The dollar held just above an over one-year low on Wednesday as traders assessed the U.S. rate outlook, while the New Zealand dollar spiked briefly after a higher-than-expected inflation reading pushed back prospects of policy easing further out. The U.S. dollar managed to nudge up after a mixed...

Dollar Takes a Breather, Yen Close to 146/dlr

The U.S. dollar eased from a two-month peak on Wednesday as investors looked to the Federal Reserve chair's speech this week for cues on the path of monetary policy, while the yen loitered near 146 a dollar, keeping traders guessing on any intervention. The dollar index , which measures the U.S....

Dollar Surges, on Cusp of 150 Yen

The euro, pound and yen all traded at multi-month lows on Tuesday, with the Japanese currency on the brink of weakening past the psychological 150 per dollar level, as surging U.S. Treasury yields kept the dollar firmly on the front foot. The euro was steady on the day at $1.0477, still around...

Dollar Surges Against Euro on Flight to Safety Amid Israel-Palestinian Fighting

The safe-haven dollar rose on Monday against the euro and sterling as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East. Risk sentiment was fragile after Israeli forces fought gunmen from the Palestinian group Hamas over...

Dollar Sticks Near 10-Month High, Keeping Heat on Yen

The dollar clung near a 10-month high against a basket of its peers on Thursday, keeping the yen under pressure near a key intervention zone as investors size up upbeat U.S. economic data and fresh comments from Federal Reserve officials. Federal Reserve Bank of Minneapolis President Neel...

Dollar Stems Decline After Heavy November Selloff

The dollar regained some ground on Tuesday and hovered near a one-week high against major peers, while bitcoin extended its momentum on optimism that U.S. regulators could soon approve exchange-traded spot bitcoin funds. The greenback rose marginally against the yen in early Asia trade to 147.23,...

Dollar Steady, Yen Wavers as BOJ Policy Shift Beckons

The dollar was steady on Monday as traders looked ahead to a week dominated by central bank meetings worldwide, with the Bank of Japan seemingly on the brink of ending negative rates and the focus on how many rate cuts the Federal Reserve projects. Apart from Japan and the United States, central...

Dollar Steady, Yen Soft as BOJ Policy Shift Beckons

The dollar was steady on Monday as traders looked ahead to a week dominated by central bank meetings worldwide, with the Bank of Japan seemingly on the brink of ending negative rates and the focus on how many rate cuts the Federal Reserve projects. Apart from Japan and the United States, central...

Dollar Steady, Sterling Squeezed as Focus Turns to U.S. Inflation

The dollar was steady while sterling crosses nursed losses on Thursday in holiday-thinned trade ahead of the last major data release of the year in Friday's U.S. inflation figures. Sterling suffered its sharpest drop on the dollar in two months on Wednesday after British inflation dived below...

Dollar Steady, Euro Near Three-Week Low as Rate Cut Bets Rise

The euro languished near a three week low on Thursday as traders intensified bets that the European Central Bank (ECB) will start cutting rates from March next year, while the dollar was steady ahead of a crucial payrolls data later this week. The euro was up 0.05% at $1.0767, but remained close...

Dollar Steady With US Inflation, Fed Meeting Eyed; Yuan Heavy

The dollar started Monday on the front foot, with a reading on U.S. inflation and the Federal Reserve's last policy meeting for the year likely to set the tone for the week, while rising deflationary pressure in China leant on the yuan. The greenback pushed back above 145 yen and last bought...

Dollar Steady Near 6-Month High on Growth Fears, Weak Yen Draws Warning

The dollar held close to a six-month peak as jitters over China and global growth weighed on risk appetite, while the yen strengthened as Japan's top currency diplomat sent a warning about the currency after it earlier dropped to a 10-month low. The yen strengthened by as much as 0.4% to 147.02...

Dollar Steady as Traders Weigh Labour Data; Yuan Eases

The dollar was near a two-week high against a basket of currencies on Wednesday as investors assessed U.S. economic data that showed a cooling labour market, while wagering the Federal Reserve will cut rates next year. The spotlight in Asia was on China, where the yuan extended losses as markets...

Dollar Steady as Traders Weigh Economic Data,Yen Fragile

The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of economic data and firm expectations of the Federal Reserve cutting rates in June, while the yen traded at the psychologically key 150 per dollar level. The dollar index , which measures the...

Dollar Steady as Traders Brace for US Inflation Data, Bitcoin Volatile

The dollar was steady on Wednesday in cautious trading ahead of U.S. inflation data due later this week that is likely to influence the Federal Reserve's policy, while bitcoin was volatile after a fake social media post rattled markets. The U.S. securities regulator said someone briefly accessed...

Dollar Steady as China Disappoints, Traders Eye Jackson Hole Meeting

The dollar was firm through Asia trade on Monday, following five straight weeks of gains, as investors looked ahead to the Federal Reserve's Jackson Hole symposium for guidance on where rates might settle when the dust of this hiking cycle clears. The U.S. dollar made a gain of 0.7% on the euro...

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 Stalls As Chinese Economy Beats Expectations

Better-than-expected Chinese growth data on Wednesday boosted Asian currencies, driving the yuan to a one-week high and putting a dampener on the U.S. dollar. A blast at a Gaza hospital, however, kept moves modest and traders on edge at the prospect of a widening conflict. U.S. President Joe...

Dollar Softens Slightly, Yen in Touching Distance of 150

The U.S. dollar edged lower on Friday after its biggest daily increase since March the day before, as hot U.S. consumer prices data revived prospects that the Federal Reserve may have to raise rates further to get inflation back towards its 2% target. The consumer price index (CPI) increased 0.4%...

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, Continuing Last Week's Selloff

The U.S. dollar edged lower in early European trade Monday, falling to a six-week low and extending last week’s declines on the back of a less hawkish stance from the Federal Reserve. At 03:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,...

Dollar Slips from 10-Month High, Helps Yen But Intervention Watch Continues

The dollar pulled further back from a 10-month high against a basket of currencies on Friday on the last trading day of the quarter, giving the yen some breathing room amid intervention concerns. The euro continued its rebound, rising further from a January low of $1.0482, which if broken would...

Dollar Slips Before Inflation Data, Yen Outperforms

A gauge of the dollar fell for a third day amid concern US data this week may deepen disinflation concern. The yen rose on dollar sales by exporters. The Bloomberg Dollar Spot Index fell 0.1% while the Treasury 10-year yield fell two basis points to 4.02%. Bloomberg Economics expects core US CPI...

Dollar Slips as Traders See US Rates Peaking

The dollar fell broadly on Thursday, with risk-sensitive Asian currencies leading gains, as investors cheered a likely peak in U.S. interest rates after the Federal Reserve left them on hold. Focus now turns to the Bank of England and sterling crept 0.3% higher to $1.2180 and firmed to 86.98 per...

Dollar Slips as Traders Bet Fed Done with Rate Hikes

The dollar eased on Friday and was on course for a weekly decline against a basket of currencies as traders wagered that the U.S. Federal Reserve was most likely done with rate increases, lifting risk sentiment. The dollar index , which measures the U.S. currency against six rivals, was down...

Dollar Slips as Fed's Rate-Hike Cycle Seen Ending

The dollar was on the back foot on Thursday after the Federal Reserve delivered what some expected to be its last rate hike, while market focus shifted across the Atlantic to the European Central Bank's (ECB) rate decision later in the day. The Fed on Wednesday raised interest rates by a quarter...

Dollar Slips as Fed Stays The Course; Aussie Jumps on Jobs Data

The dollar fell broadly on Thursday after the U.S. Federal Reserve maintained its interest rate cut projections for the year in the face of upside surprises on inflation, and did not strike a more hawkish tone as some investors had feared. The Australian dollar jumped after data on Thursday...

Dollar Slips Amid Thin Holiday Trading, CPI in View

The dollar edged lower against most Group-of-10 peers amid thin volume ahead of US inflation data on Tuesday. Most markets in Asia are closed for the Lunar New Year holiday.  The Bloomberg Dollar Spot Index slipped 0.1% in Asia while the cash Treasury market is closed for a holiday...

Dollar Slips Amid Thin Holiday Trading, CPI in View

The dollar edged lower against most Group-of-10 peers amid thin volume ahead of US inflation data on Tuesday. Most markets in Asia are closed for the Lunar New Year holiday.  The Bloomberg Dollar Spot Index slipped less than 0.1% in Asia while the cash Treasury market is closed for...

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 US Inflation Data, Bitcoin Climbs

The dollar drifted lower in Asia on Thursday as traders waited on U.S. inflation data to see whether bets on as many as five Fed interest rate cuts this year were justified, while weak wages data dragged the yen to a six-week low on the euro. Bitcoin traded at $46,400, just short of a two-year...

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 Sits at Near Two-Week Low; US Inflation Test Looms

The dollar meandered near a two-week low on Thursday ahead of U.S. inflation data that will help shape the Federal Reserve's next policy steps, a day after the release of minutes from the Fed's last meeting showed policymakers taking a cautious stance. The dollar index, which measures the U.S....

Dollar Set for Weekly Rise as Swiss Cut Signals Potential Rates Gap

The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to halt its march, and a surprise cut in Switzerland highlighting the gap between the Federal Reserve and global peers in interest rate settings. Expectations for policy easing in China have...

Dollar Set for Weekly Gain, Yen Extends Drop

The dollar is on pace for its first weekly gain in four as expectations of Federal Reserve rate cuts this year are reduced following a series of above-forecast inflation reports. Volumes were subdued ahead of a series of policy meetings next week.  The Bloomberg Dollar Spot...

Dollar Set for Longest Weekly Winning Streak Since 2014, Yuan Plumbs 2007 Low

The dollar headed on Friday for its longest weekly winning streak in nine years, bolstered by a resilient run of U.S. economic data that has put the end of the Federal Reserve's aggressive rate-increase cycle into question. China's onshore yuan meanwhile ended its domestic session at the weakest...

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 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 as Inflation Worries Lift Yields

The greenback climbs to a one-week high, tracking a rise in Treasury yields after an above-forecast producer inflation print, boosting expectations that the Federal Reserve will be slow to cut interest rates this year. The yen bounced briefly following a Jiji press report that...

Dollar Rises as Data Suggests More Fed Patience on Rate Cuts

The dollar nudged higher on Thursday after a volatile two days that saw sharp declines followed by a rebound as traders took incoming economic data as signalling the Federal Reserve will wait longer before cutting interest rates. The dollar index - which tracks the U.S. currency against six other...

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 Rides Treasury Yields Higher, Yen Battered

The dollar traded near a 10-month high against its major peers on Wednesday as Treasury yields stayed elevated on the prospect of higher-for-longer U.S. rates, while the yen stumbled towards a closely-watched intervention zone. Sterling slid to a fresh six-month low of $1.2145 in early Asia...

Dollar Retreats, Bitcoin Jumps Ahead of ETF Approval Deadline

The dollar paused its rally on Tuesday, as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year on the belief that inflation in the U.S. is slowing sufficiently. In cryptocurrencies, bitcoin hovered near its strongest level since April 2022 on growing anticipation of...

Dollar Retreats In Holiday-Impacted Trading

The U.S. dollar retreated in thin holiday-impacted trade Thursday, with traders digesting recent economic data and what it potentially means for the Federal Reserve’s interest rate policy. At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Retreats from Two-Week High ahead of Fed Decision

The U.S. dollar edged lower Wednesday, but remained near a two-week high as traders awaited a widely expected interest rate hike from the Federal Reserve later in the session. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded...

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 CPI Release; Euro Gains Ahead Of ECB Decision

The U.S. dollar edged lower in early European trade Thursday after U.S. inflation release, while the euro climbed from recent lows ahead of the European Central Bank's eagerly-awaited rate-setting meeting. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of...

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 Reigns Supreme as Hot CPI Cools Bets for Fed Cuts

The dollar traded near three-month highs to major peers on Wednesday as traders pushed back bets for a first Federal Reserve interest rate cut following surprisingly hot U.S. inflation figures overnight. The U.S. currency's push above 150 yen for the first time since Nov. 17 spurred Japan's top...

Dollar Reigns as Hot Inflation Cools Fed Cut Bets

The dollar traded near three-month highs to major peers on Wednesday as traders pushed back bets for a first Federal Reserve interest rate cut following surprisingly hot U.S. inflation figures overnight. The U.S. currency's push above 150 yen for the first time since Nov. 17 spurred Japan's top...

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 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 Reaches One Month High as Sentiment Nervous, Pound Jumps on Inflation Data

The dollar hit a one-month high against a basket of its peers on Wednesday as the safe haven gained on the hit to sentiment from soft Chinese data and global rate setters arguing against imminent cuts, while sterling rose on higher British inflation. The dollar index reached 103.58, its highest...

Dollar Rangebound, An Array Of PMI Data Awaited

The dollar held broadly steady on Thursday as traders awaited a slew of business activity surveys to gauge the health of major economies and what that may mean for the global interest rate outlook. Flash Purchasing Managers' Index (PMI) figures across the U.S., the UK and the euro zone are due...

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 Pulls Back, Bitcoin Jumps Ahead of ETF Approval Deadline

The dollar paused its rally on Tuesday, as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year on the belief that inflation in the U.S. is slowing sufficiently. In cryptocurrencies, bitcoin hovered near its strongest level since April 2022 on growing anticipation of...

Dollar Pauses Rally As Markets Brace For US Nonfarm Payrolls Test

The dollar dipped on Friday but traders were largely keeping to the sidelines in both the currency and U.S. Treasury markets as they looked to U.S. nonfarm payrolls data later in the day for potential catalysts. Friday's closely-watched jobs report comes on the heels of a run of resilient U.S....

Dollar Pauses Climb Ahead of Payrolls Test, Yen on Backfoot

The dollar climbed a bit against the yen on Friday, but largely stayed below recent highs against its major peers as investors looked ahead to a U.S. jobs report later in the day that could influence the path for interest rates. The greenback climbed 0.20% against the yen to 142.8, while the euro...

Dollar Pauses Ahead of Fed Minutes, US Yield Moves Weigh

The dollar was broadly flat against major currencies, as traders trained their sights on the release of Federal Reserve minutes later on Wednesday and a key inflation print the next day for hints on the future path for interest rates. U.S. Treasury yields continued to slide, pinning the dollar...

Dollar on Shaky Ground as Fed Rate Cut Bets Strengthen

The dollar started the week on a shaky footing on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell as they waited on a key employment report that could influence the outlook for U.S. interest rates. Bitcoin grabbed the spotlight in the Asian morning,...

Dollar Off 10-Month High, Yen Still Under Intervention Watch

The dollar held off a 10-month high on Friday as markets headed into the end of the quarter, giving the yen slightly more breathing room at the end of the week amid intervention concerns. The euro largely held its ground after rebounding overnight, but was still not far from its January low of...

Dollar Nudges Higher As Investors Eye Powell Speech, Yen On Intervention Watch

The U.S. dollar swayed in a tight range on Tuesday as traders took stock of developments in the Middle East and braced for speeches this week by central bank officials, including Federal Reserve Chair Powell, to gauge the policy outlook. The yen was pinned close to the key 150 per dollar level,...

Dollar Near Two-Month High, Investors Eye Intervention-Zone Yen

The dollar index hovered near a two-month high on Thursday after Federal Reserve meeting minutes left the door open for more rate hikes and data this week indicated a resilient U.S. economy. Investors continue to closely watch the Japanese yen, which touched the key 145 level for the first time...

Dollar Marches to Over Two-Month Peak Ahead of Powell Speech

The U.S. dollar rose to a more than two-month peak on Friday, on course for its sixth straight week of gains, as investors sought its safety as they awaited a speech from Federal Reserve Chair Jerome Powell to gauge the path of interest rates. Markets will dissect Powell's address on monetary...

Dollar Loses Ground As Fed Cut Bets Rise; Yuan Slides After PBOC

The dollar ebbed on Monday as investors revived their bets of early rate cuts by the Federal Reserve, while the yuan fell to a one-month low after China's central bank surprised markets by keeping its medium-term policy rate steady. The People's Bank of China (PBOC) left interest rates unchanged...

Dollar Loiters at Two-Month Peak Ahead of Powell Speech

The U.S. dollar sat at an over two-month peak on Friday, on course for its sixth straight week of gains as markets await a speech from Federal Reserve Chair Jerome Powell to gauge the path of monetary policy. Investors will parse through Powell's address on monetary policy at the Jackson Hole...

Dollar Licks Wounds After Jobs Shock; Aussie Dips As Inflation Cools

The dollar nursed its sharpest drop in a month and a half on Wednesday, as investors bet that softer-than-expected U.S. jobs data reduced the chances of further Federal Reserve rate hikes. The Japanese yen hovered around 146 per dollar following its overnight rebound from a 10-month trough at...

Dollar Licks Its Wounds Ahead Of Fed Chair Powell's Remarks

The dollar regained its footing on Wednesday and inched higher after a slew of Federal Reserve speakers left the door open to further rate hikes, as traders looked to a speech from Chair Jerome Powell on the central bank's future policy path. The greenback, which tumbled last week in the wake of...

Dollar Jumps, Traders Pare Rate Cut Bets after Strong Jobs Report

The U.S. dollar index jumped to a seven-week high on Friday after data showed that employers added far more jobs in January than expected, reducing the chances of near-term Federal Reserve interest rate cuts. Nonfarm payrolls increased by 353,000 last month, beating economists' expectations for a...

Dollar Jumps to One-Month High as Rate-Cut Bets Fall

The dollar rallied on Tuesday as investors tempered their expectations for a March rate cut from the Federal Reserve, while the pound and yen dropped as inflationary pressures subsided. Against a basket of currencies, the dollar rose 0.51%to 103.16, around a one-month high. It gained 0.2%...

Dollar Hovers Near Two-Month High, Yen Near 146/dlr

The U.S. dollar perched near a two-month peak on Wednesday as investors looked to the Federal Reserve chair's speech this week for cues on the path of monetary policy, while the yen loitered near 146 a dollar, keeping traders guessing on any intervention. The dollar index , which measures the...

Dollar Holds Tight as Fed Rate Cut Bets Strengthen

The dollar struggled to regain some footing on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell and awaited a key employment report later in the week that could influence the outlook for U.S. interest rates. Meanwhile, bitcoin returned to the spotlight as...

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 on Rate Cut Expectations

The U.S. dollar held steady on Wednesday against a basket of peers as traders weighed the chances that the U.S. Federal Reserve would soon begin cutting interest rates. Fed officials have been pushing back after last week's Federal Open Market Committee meeting saw three rate cuts penciled in for...

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 One-Month Peak As Dovish Fed Bets Recede

The dollar held close to a one-month peak versus major peers on Thursday after robust U.S. retail sales data overnight added to building expectations the Federal Reserve will not rush to lower interest rates. Australia's dollar weakened after data showed an unexpected decline in employment. The...

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 Near 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 103.34 in...

Dollar Holds Near 150 Yen as C.Bank Policy, Data Deluge Awaited

The dollar inched broadly higher in cautious trade on Monday and held near 150 yen as traders looked to a policy decision by the Bank of Japan later in the week, alongside other major central bank meetings and a slew of economic data releases globally. The BOJ kicks off its two-day monetary...

Dollar Holds Near 150 Yen Ahead of Busy C.Bank, Data-Packed Week

The dollar held steady in cautious trade on Monday and pinned the yen near 150 as traders looked to a policy decision by the Bank of Japan later in the week, alongside other major central bank meetings and a slew of economic data releases globally. The BOJ kicks off its two-day monetary policy...

Dollar Holds Inflation Driven Gains, Yen Within Touching Distance of 150

The U.S. dollar held firm on Friday after its biggest daily increase since March the day before, as hot U.S. consumer prices data revived prospects that the Federal Reserve may have to raise rates further to get inflation back towards its 2% target. The consumer price index (CPI) rose 0.4% in...

Dollar Holds Ground as US Inflation Data Looms

The dollar was steady on Monday ahead of a key U.S. inflation report later in the week for further clarity on the Federal Reserve's monetary policy outlook, after markets got off to a hesitant start to the year as rate cut bets were pared. The yen struggled near the 145 per dollar level pressured...

Dollar Holds Ground As Macro Data Hints At Later Fed Rate Cut

The dollar held its ground on Thursday after a volatile two days that saw sharp declines followed by a rebound as traders took incoming economic data as signalling the Federal Reserve will wait longer before cutting interest rates. The risk-sensitive Australian and New Zealand dollars sank amid a...

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 Hits Highest in More Than a Month on China Economy Concerns

The U.S. dollar hit more than a one-month high on Monday 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 against...

Dollar Hits Four-Month Low as Fed Signals 2024 Rate Cuts, NOK Stronger after Rate Hike

The dollar dropped to a fresh four-month low on Thursday after the Federal Reserve indicated that its interest-rate hike cycle has ended and that lower borrowing costs are coming in 2024. On a busy day for policy announcements in Europe, the Norwegian crown strengthened after a rate hike, while...

Dollar Hits Four-Month Low After Fed Pivots, ECB Leaves Rates Unchanged

The dollar touched a fresh four-month low on Thursday after the Federal Reserve indicated that its interest-rate hiking cycle has ended and that lower borrowing costs are coming in 2024. On a busy day for policy announcements in Europe, the euro held gains after the European Central Bank said...

Dollar Heads for Weekly Gain as Rate Cut Optimism Cools

The dollar was on track to rise for the week on Friday, adding to solid gains so far this year, as the U.S. economy and pushback from central bankers has caused traders to dial down expectations of swift falls in interest rates. The euro has fallen 0.6% this week, helping push the dollar index to...

Dollar Headed For Second Weekly Gain On Tempered Rates Outlook

The dollar headed for a second weekly gain in a row on Friday on signs of resilience in the U.S. economy and caution about rate cuts from central bankers. Weekly gains on the risk-sensitive Australian and New Zealand dollars of 1.7% and 2.1% are set to be the largest since November and June...

Dollar Gains With Yields on Fedspeak, Yen Weakens

The greenback edged up amid rising Treasury yields following policy comments from Federal Reserve Bank of Richmond President Thomas Barkin and higher oil prices. The yen continued to trade defensively after earlier dovish-leaning comments from the Bank of Japan’s Deputy Governor Shinichi...

Dollar Gains on Strong Jobs Data; Sterling Awaits BOE Meeting

The U.S. dollar rose in early European trade Thursday, continuing the previous session’s positive tone as strong private payrolls data overshadowed Fitch’s downgrade of its U.S. sovereign rating. At 03:10 ET (07:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Gains on Haven Demand as Stock Futures Drop

The dollar advanced on haven bids as US stock futures slumped in response to a post-market selloff in Google parent Alphabet Inc. and Microsoft Corp. The pound fell on a report that UK Prime Minister Rishi Sunak is considering a delay to next week’s planned fiscal...

Dollar Gains Intact as Traders Eye Jackson Hole

The dollar began on a firm footing on Monday, following five straight weeks of gains, as investors looked ahead to Federal Reserve's Jackson Hole symposium for a guide on where rates might settle when the dust of this hiking cycle clears. The dollar made a gain of 0.7% on the euro last week,...

Dollar Gains as US Data Firm Up Fed Rate-Hike Bets

A gauge of the dollar gained for a third day to near the highest level this year, after US economic data reinforced the case for more monetary tightening. The Bloomberg Dollar Spot Index rose 0.1%, taking gains this week to 0.9%. The US currency was supported after a strong reading of...

Dollar Gains Against Most Peers as Rate Hikes Eyed

The US dollar climbed against most of its major peers with Treasury yields on hawkish comments by Federal Reserve Chair Jerome Powell. The Aussie gained. The Bloomberg Dollar Spot Index rose 0.1% while the yield on policy sensitive two-year Treasuries advanced two basis points to 4.73%. The move...

Dollar Gains a Second Day Ahead of Slew of US Data

The dollar rose for a second day ahead of a slew of US economic data, including import prices and consumer inflation expectations. The Bloomberg Dollar Spot Index advanced 0.1%, extending Thursday’s 0.4% climb following an above-forecast producer inflation print. Treasuries pared Thursday’s drop,...

Dollar Gain, Kiwi Drops as RBNZ Signals Rate Hike Less Likely

The New Zealand dollar underperformed other Group-of-10 peers after the nation’s Reserve Bank signaled diminishing price pressure and a smaller chance of rate hikes this year. The RBNZ held rates at 5.5% for a fifth straight meeting.  The kiwi fell 1.1% from its intraday high after...

Dollar Flat Ahead of Release of Fed Minutes, PPI Data

The U.S. dollar traded largely unchanged in early European hours Wednesday, adopting something of a holding pattern ahead of the release of key inflation data as well as the minutes from the last Federal Reserve meeting. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback...

Dollar Firms, Yen Steady After Japan Inflation Holds Above BOJ Target

The dollar was steady on Friday as data pointed to U.S. labour market resilience that could lead the Federal Reserve to keep interest rates higher for longer, while the yen strengthened after Japan's core consumer inflation re-accelerated in June. Central bank meetings from Europe, Japan and the...

Dollar Firms With Yields in Run-Up to CPI Report

The dollar is stronger against most of its G-10 peers as Treasury yields firm ahead of Tuesday’s US CPI data, a report seen possibly influencing the Federal Reserve outlook for policy. The Bloomberg Dollar Spot Index is marginally higher, rising for the first day in seven. Treasury...

Dollar Firms as Traders Weigh Economic Data, Yen Fragile

The dollar firmed on Friday, on track for its fifth straight weekly gain, as investors assessed the latest economic data and firm expectations of the Federal Reserve cutting rates in June, while the yen was anchored around the key 150 per dollar level. The dollar index , which measures the U.S....

Dollar Falls to Two-Week Low as Economic Data Softens

The dollar dropped to a two-week low against the euro and a basket of currencies on Wednesday after data showed that U.S. private payrolls rose less than expected in August, adding to expectations that the Federal Reserve would stop raising rates. Softening data this week has raised bets that the...

Dollar falls to 2-month low, sterling hits 15-month high on strong wage growth

The dollar weakened to a two-month low on Tuesday after Federal Reserve officials signalled that the central bank was nearing the end of its tightening cycle, while the pound hit a 15-month high after pay growth exceeded expectations. Several Fed officials said on Monday the central bank would...

Dollar Falls Despite Yield Spike; Yen Under Watch

A gauge of the dollar slipped for a fourth straight day, even as US 10-year yields climbed to the highest since 2007, with the greenback weighed by China’s most forceful yuan fixing on record. Yen stayed at levels that triggered intervention last year. The Bloomberg Dollar...

Dollar Falls Before US Data, Fed Meeting Minutes

A gauge of the dollar’s strength eased as traders waited for December ISM data and minutes of the Federal Reserve’s latest meeting to assess its rate hike trajectory. The Australian dollar outperformed major currencies.   The Bloomberg Dollar Spot Index slipped 0.2% after adding 0.7% on...

Dollar Falls Before Non-Farm Payrolls; Aussie Gains

A gauge of the dollar extended losses in Asia as traders awaited the release of US non-farm payrolls data for clues about any Federal Reserve rate cuts. The Australian and New Zealand dollars rallied with commodity prices. The Bloomberg Dollar Spot Index edged lower, following a weak...

Dollar Falls as Traders Weigh Timing of Fed Cuts

The dollar edged lower as traders continued to weigh comments of Federal Reserve officials for clues on the timing of interest rate cuts next year.  The Bloomberg Dollar Spot Index lost 0.1%, paring Wednesday’s 0.3% advance after Fedspeak tempered expectations for earlier rate...

Dollar Falls as Powell Says Fed is on Track to Cut Rates This Year

The U.S. dollar was a touch softer on Wednesday, as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central Bank's policy announcement on Thursday. Meanwhile, bitcoin was picking up a head of steam again,...

Dollar Eyes Best Week Against Yen In Three Months

The dollar was headed for its best week against the yen in three months on Friday, after Federal Reserve Chair Jerome Powell and a chorus of Fed officials poured cold water on market expectations of a peak in U.S. rates. A slew of Fed policymakers including Powell on Thursday said they are still...

Dollar Eyes Best Month Since September Before Fed

The dollar traded stronger versus most of its Group-of-10 peers on bets the Federal Reserve may avoid signaling an imminent interest-rate cut. The Bloomberg Dollar Spot Index pares a 0.2% advance after three days of modest declines; the policy-sensitive Treasury two-year yield is...

Dollar Extends Weakness After US CPI Slowdown

The dollar fell against most of its Group-of-10 peers, extending Tuesday’s loss following softer-than-expected US inflation data.  Bloomberg Dollar Spot Index fell 0.1% after dropping 1.2% on Tuesday as traders priced in the possibility of Federal Reserve rate cuts by...

Dollar Extends Losses as Traders Mull Fed Patience

A gauge of the dollar modestly extended losses in Asia trading after a weak ISM Services report was followed by comments from Federal Reserve Chair Jerome Powell who reiterated that it will likely be appropriate to begin lowering interest rates “at some point this year.” Bloomberg...

Dollar Extends Gains, Euro Hurt by German Data

The dollar advanced on Tuesday as last week's rally in riskier currencies took a breather, gaining on the euro after weak German data and on the Australian dollar after its central bank raised interest rates but hinted the hike was the cycle's last. The dollar index which tracks the U.S. unit...

Dollar Extends Gain on Upbeat Data, Aussie Slips

The dollar rose versus most Group-of-10 currencies as US data continued to exhibit signs of a robust economy. The Australian dollar fell tracking yuan losses after China’s central bank set a weaker currency reference rate. The Bloomberg Dollar Spot Index rose 0.1%, taking weekly gains to...

Dollar Extends Gain Ahead of US Inflation Data

The dollar edged broadly higher on Monday as risk appetite remained subdued ahead of a key U.S. inflation report later in the week that is likely to provide further clarity on the Federal Reserve's monetary policy outlook. The yen was nursing deep losses from last week and struggled near the 145...

Dollar Ends Week Under Pressure as Data Keeps Rate Cut Hopes Alive

The dollar traded modestly weaker against most major peers on Friday, and was on pace for its worst weekly showing against the euro this year after mixed data kept an anticipated June interest rate cut from the Federal Reserve on the table. Nonfarm payrolls increased by 275,000 jobs last month,...

Dollar Edges Up as Traders Await Key Inflation Data

The dollar inched higher as traders awaited the release of key US inflation figures for further hints on a data-dependent Federal Reserve’s policy outlook. The kiwi weakened.  Bloomberg Dollar Spot Index rose 0.1% with the US headline inflation forecast to have increased 0.2% in...

Dollar Edges Lower, But Remains Elevated On Global Growth Concerns

The U.S. dollar edged lower in early European trade Wednesday, but remained near a six-month peak as global growth concerns weighed on risk appetite. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 104.612, not...

Dollar Edges Lower Ahead Of Powell Testimony; Euro Helped By German Exports

The U.S. dollar slipped lower in early European trade Wednesday, in cautious trading ahead of congressional testimony from Federal Reserve Chair Jerome Powell which should provide more cues on U.S. monetary policy. At 04:30 ET (09:30 GMT), the Dollar Index, which tracks the greenback against a...

Dollar Edges Lower Ahead Of Key U.S. CPI Release; U.K. GDP Rose In August

The U.S. dollar slipped lower in early European trade Thursday, hovering near a two-week low ahead of the release of key U.S. inflation data. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 105.377, just above...

Dollar Edges Higher; Sterling Weakens after Soft Housing Data

The U.S. dollar edged higher in early European trade Tuesday, while sterling fell as U.K. house prices slumped sharply as rising interest rates weighed. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 101.865,...

Dollar Edges Higher; Fed Officials Question Need For More Hikes

The U.S. dollar edged higher Tuesday, supported by its safe-haven status as violence in the Middle East continued, but gains were limited after dovish comments from a couple of Fed officials. At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Edges Higher, Yen Slumps After Dovish BOJ Meeting

The U.S. dollar edged higher in early European trade Friday, but was still on course for a monthly loss, while the Japanese yen slumped after the Bank of Japan largely maintained its dovish stance. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other...

Dollar Edges Higher, Still on Course for Another Monthly Loss

The U.S. dollar edged higher in early European trade Monday, but was on track for a second straight monthly loss ahead of the release of more economic data which is likely to shed more light on the future path of interest rates. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the...

Dollar Edges Down After Data, Yen Squeezed, Swiss Franc at Multi-Month Lows

The dollar hit a one-week low on Thursday as economic data supported expectations for quick rate cuts in the United States, while the battered yen was little changed against other majors. An unexpected slowdown in U.S. services growth had knocked the dollar lower on Wednesday. However, for the...

Dollar Eases, Fed Policy Path on Interest Rates in Focus

The dollar edged lower against major currencies on Tuesday, but remained close to its highest level in almost three months, as strong economic data and a hawkish stance on interest rates by Federal Reserve officials buoys the U.S. currency. A string of robust U.S. economic data, including a...

Dollar Eases Into Payroll Data, Set for Weekly Drop

The dollar inched lower against most Group-of-10 currencies ahead of key US payrolls data later on Friday. The yen eased, while the pound extended gains as investors expect the Bank of England will take its time to cut interest rates this year. The Bloomberg Dollar Spot Index eased 0.1% after...

Dollar Eases Before Jackson Hole, Yen Rises Amid Intervention Jitters

The U.S. dollar eased back from a 10-week peak versus major peers on Tuesday, even as Treasury yields marched to fresh post-financial crisis highs, as traders awaited a potentially crucial speech from Federal Reserve Chair Jerome Powell later this week. The yen pulled away from a nine-month...

Dollar Eases as Traders Bet Fed Done with Rate Hikes

The dollar stayed on the back foot on Friday and was on course for a weekly decline against a basket of currencies as traders wagered that the U.S. Federal Reserve was most likely done with rate increases, lifting risk sentiment. The dollar index , which measures the U.S. currency against six...

Dollar Drops to 3-Month Low, Heading for Biggest Monthly Fall in a Year

The U.S. dollar sank to a three-month low on Tuesday, as investors continued to take the view that growth in the world's largest economy is starting to slow down after an aggressive tightening cycle since March last year. That slowdown should prompt the Federal Reserve to begin easing some time...

Dollar Drops on China Stimulus Moves, US Holiday

A gauge of the dollar eased, after rising for seven weeks, as China’s latest announcement to boost the private economy lifted risk sentiment. The Bloomberg Dollar Spot Index eased 0.1% after rising for seven straight weeks, its longest such streak since 2018. The cash Treasury market was shut for...

Dollar Drops as Aussie Whipsaws on RBA Decision

A Bloomberg gauge of the dollar dropped for the third straight day as commodity currencies led G-10 gains against the greenback amid thin flows in spot and options markets. The Bloomberg Dollar Spot Index declined 0.1%, trading lower against all but three G-10 FX peers. Trading in cash...

Dollar Drops Ahead of CPI, Yen Rises a Fourth Day

A dollar gauge weakened ahead of a key inflation report that is forecast to show inflation easing and should help inform investors on the Federal Reserve’s next move. The yen hit its strongest level versus the greenback in nearly a month. The loonie is getting stronger as the majority of...

Dollar Drops Against Euro, Flat Against Yen

The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve officials that will be watched for further clues on interest rate policy and as investors monitored developments in the Middle East. Traders are evaluating whether the U.S. central bank may hike interest rates...

Dollar Down as Fed's Rate-Hike Cycle Seen Ending

The dollar fell on Thursday after the Federal Reserve delivered what some expected to be its last rate hike, while market focus shifted across the Atlantic to the European Central Bank's (ECB) rate decision later in the day. The Fed on Wednesday raised interest rates by a quarter of a percentage...

Dollar Dips, Yen Draws Support From Tokyo Jawboning

The dollar was on the back foot on Tuesday, owing to profit taking and pressured in part by a slightly stronger yen as Japanese government officials continued with their jawboning to defend the currency. Against the greenback, the New Zealand dollar rebounded from a four-month low and last bought...

Dollar Dips as Rally Peters Out, Most PMI Data Adds to Market Optimism

The dollar fell on Thursday as share markets hitting record highs drove optimism across asset classes and traders digested a slew of largely better-than-expected business activity surveys, looking for implications for interest rates. Flash Purchasing Managers' Index (PMI) figures showed the...