Tag: dollar index
Asia FX Weakens as Dollar Strengthens Amid Reassessment of Rate Cut Expectations
Jennifer -
On Wednesday, most Asian currencies experienced depreciation while the dollar gained ground, prompted by remarks from Federal Reserve officials leading to a reassessment of...
Asian Currencies Weaken as Dollar Stabilizes; RBA Moderates Hawkish Tone
Jennifer -
Asian currencies faced downward pressure on Tuesday, while the dollar found stability as market attention remained fixated on the timing of potential interest rate...
Yen Weakens Despite Intervention Threat; Aussie Slips After RBA Decision
Jennifer -
On Tuesday, the Japanese yen extended its decline against the US dollar, influenced by substantial interest rate differentials, despite renewed warnings from Japanese authorities...
Asian Currencies Weaken as Dollar Recovers; Yen Reverses Gains
Jennifer -
Asian currencies experienced a broad weakening on Monday as the dollar regained stability following a plunge on Friday triggered by disappointing payrolls data, which...
Dollar Steady Amid Renewed Rate Cut Speculation; Yen Retreats
Jennifer -
The dollar maintained stability on Monday as speculation regarding potential rate cuts by the Federal Reserve resurfaced following a softer-than-expected U.S. jobs report. Meanwhile,...
Asia FX Weaken Amid Fed Meeting Anticipation; Yen Stalls Post-Suspected Intervention
Jennifer -
Asian currencies faced downward pressure on Tuesday as market participants awaited the outcome of the Federal Reserve's meeting this week, leading to a prevailing...
Asian Currencies Weaken as Markets Await US Inflation Data; Yen Dips Amidst Limited BOJ Support
Jennifer -
Asian currencies saw a weakening trend on Friday, while the dollar stabilized as markets awaited crucial inflation figures that are anticipated to influence the...
Asian FX Stable Amid Rate Uncertainty; Yen Breaches Intervention Level Ahead of BOJ Meeting
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Asian currencies largely maintained stability on Thursday within a narrow range, while the dollar remained steady amid lingering uncertainty surrounding U.S. interest rates ahead...
Currency Market Update: Dollar Hit by PMI Data, Aussie Soars on Inflation Surprise
Jennifer -
On Wednesday, the dollar found itself reeling from significant losses against the euro and sterling, while the yen remained entrenched near 34-year lows despite...
Asian Currencies Hold Steady Amid Awaited Rate Cues; Yen Unfazed by Intervention Concerns
Jennifer -
Asian currencies exhibited minimal movement on Tuesday despite a slight weakening of the dollar, as traders awaited further cues on the U.S. economy and...
US Dollar Strengthens on Strong Data and Fed Comments
Jennifer -
The dollar climbed, buoyed by a mixed bag of U.S. economic data that reinforced confidence in the country's robust economic performance. New York Fed...
Asia FX Weaken as Dollar and Yen Gain Ground Amid Iran-Israel Tensions
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Most Asian currencies experienced weakness on Friday, while the dollar and the Japanese yen found support from safe-haven demand following reports of retaliatory strikes...