Tag: dollar index
Yen Declines Near 4-Month Low as Focus Shifts to Fed
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The yen remained close to a four-month low against the U.S. dollar and a 16-year low against the euro on Wednesday, reflecting expectations that...
Dollar Gains, Yen Steadies Ahead of Central Bank Meetings
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The dollar saw a modest increase in value ahead of several central bank meetings scheduled for the week, including potentially significant policy shifts by...
Asia FX Weakens Ahead of Fed Meeting; USDJPY Rises After BOJ Rate Hike
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In Asian trading on Tuesday, most Asian currencies experienced declines as traders maintained caution ahead of a Federal Reserve meeting scheduled for later in...
Asian Currencies Show Minimal Movement, Dollar Holds Firm Ahead of Central Bank Meetings
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On Monday, most Asian currencies maintained narrow trading ranges, while the dollar stabilized near its two-week highs, as market attention shifted towards a series...
Asian Currencies Decline as Dollar Hits Over 1-Week High Amid Concerns Over Inflation
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On Friday, most Asian currencies experienced a downturn, with the dollar reaching its highest level in over a week, propelled by hotter-than-anticipated U.S. inflation...
Dollar Holds Steady Post Robust CPI; GBP Awaits Data Deluge
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On Wednesday, the U.S. dollar maintained its stability, retaining the majority of its overnight gains following robust consumer inflation data. This reinforced expectations of...
Dollar Edges Down Amid Weaker U.S. Services Growth
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The dollar slipped against a basket of currencies following data indicating a slowdown in U.S. services industry growth and ahead of a week filled...
Asia FX Sees Limited Movement, Dollar Stabilizes Ahead of Powell Testimony
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Most Asian currencies experienced minimal movement on Wednesday, while the dollar steadied after recent losses. Investors were cautious as they awaited key cues on...
Dollar Holds Steady Against Yuan Amid China’s Policy Statements
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The dollar maintained its stability against the yuan on Tuesday, reacting to policy statements from China that lacked significant stimulus measures. Meanwhile, Tokyo's inflation...
Asia FX Muted as China’s Economic Goals Underwhelm
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Most Asian currencies remained largely unchanged on Tuesday as China's economic objectives for 2024 failed to ignite market activity, while the dollar stabilized ahead...
Dollar Stagnant as Market Awaits Fed Clues; Bitcoin Surges to 2-Year High
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On Monday, the U.S. dollar remained relatively stable, influenced by lower Treasury yields, while traders awaited crucial economic data for indications regarding the timing...
Mixed China PMI Dampens Asian FX, Dollar Strengthens Despite Rate Cheer
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Asian Currency Weakness Amid China Economic Concerns Most Asian currencies weakened on Friday, while the dollar maintained overnight gains, as signs of ongoing economic weakness...