Tag: dollar index
Dollar Rally Pauses as Yen Finds Support on G7 Assurance
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The dollar experienced a slight retreat on Thursday as investors reevaluated the U.S. interest rate outlook following remarks from Federal Reserve officials, indicating that...
Asian Currencies Stagnant as Dollar Holds Strong Amid Powell’s Rate Comments
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Asian currencies remained largely subdued on Wednesday, maintaining narrow trading ranges, while the dollar steadied near five-month highs following robust U.S. economic data and...
Dollar Retreats but Remains Near 5-1/2 Month High Amid Fed and Middle East Concerns
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The dollar experienced a slight retreat on Wednesday but remained close to its 5-1/2 month high, exerting pressure on the yen, which hovered near...
Market Stability Amidst Fed Disappointment
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Global markets exhibited stability on Wednesday, albeit with a cautious undertone, following indications that U.S. interest rates might remain elevated for a prolonged period....
Dollar Rally Intensifies Amid Diverging US Rate Outlook
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The surge in the U.S. dollar is gaining momentum, fueled by persistent inflation concerns casting doubt on the Federal Reserve's ability to aggressively cut...
Asian Currencies Weaken as Iran-Israel Tensions Propel Dollar; Yen Hits 34-Year Lows
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In Monday's trading session, most Asian currencies experienced a decline, notably with the Japanese yen reaching new 34-year lows. This downward trend was driven...
Yen Under Pressure as US Treasury Yields Rise
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On Tuesday, the dollar exhibited tentative movements, failing to gain significant momentum from an increase in U.S. Treasury yields. However, this upward pressure on...
Asia FX Remains Subdued Ahead of US Inflation Data; USDJPY Nears 152
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Most Asian currencies showed limited movement on Tuesday, while the dollar stabilized as investors awaited key U.S. inflation data scheduled for later this week....
Asia FX Remains Stable, Dollar Holds Firm as Expectations for June Rate Cut Fade
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Asian currencies maintained narrow trading ranges on Monday, while the dollar stabilized following a robust nonfarm payrolls report that led traders to significantly reduce...
Dollar Recovers, But Weekly Loss Looms Following Robust Job Growth Data
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The dollar exhibited strength, albeit still poised for a weekly decline, following a blowout in job growth figures for March, potentially delaying anticipated interest...
Asian Currencies Stagnate, Dollar Eases from 4-½ Month Peak Amid Rate Uncertainty
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Most Asian currencies saw little movement on Wednesday, with the dollar retracing slightly from its over four-month high as markets continued to grapple with...
U.S. Dollar Strengthens as Rate Cut Expectations Ease, Yen Supported by Jawboning
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The U.S. dollar remained close to a 4-1/2-month high against major currencies on Tuesday as traders adjusted their expectations for the timing of the...