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The Japanese yen fell after Monday's intervention

2024-05-06

The dollar was steady Monday as weak US jobs data raised the odds of Fed rate cuts. The yen dropped after suspected intervention last week.

The Japanese yen fell after Monday's intervention

Swiss franc rises for three consecutive days

2024-05-03

The dollar fell against most currencies and was set for its worst week in nearly two months, partly due to a sharp rise in the yen this week.

Swiss franc rises for three consecutive days

USD/JPY Slides on Thursday: Market Update

2024-05-02

USD/JPY Slides on Thursday, reversing gains from intervention. The dollar had been weak after the Fed's dovish meeting.

USD/JPY Slides on Thursday: Market Update

The dollar edged up Tuesday before the Fed meeting

2024-04-30

The dollar rose slightly on Tuesday ahead of the Fed meeting. CME Group's FedWatch tool showed a 44% chance of a rate cut in September.

The dollar edged up Tuesday before the Fed meeting

USD/JPY Jumps Unexpectedly on Monday

2024-04-29

USD/JPY Surged on Monday, Possibly Due to Japanese Intervention. Top Diplomat Masato Kanda Didn't Confirm or Deny Involvement.

USD/JPY Jumps Unexpectedly on Monday

The yen hit its weakest level in three decades

2024-04-26

The yen hit a 30-year low against the dollar after the BOJ kept rates steady. The dollar stayed stable despite weak US growth last quarter.

The yen hit its weakest level in three decades

The US dollar was slightly lower on Thursday

2024-04-25

The US dollar dipped on Thursday as European currencies strengthened. US business activity slowed in April, signaling a global economic shift.

The US dollar was slightly lower on Thursday

The dollar closed close to April lows on Wednesday

2024-04-24

The dollar remained steady at its lowest level since April 12. Positive business activity in Europe in April impacted the greenback negatively.

The dollar closed close to April lows on Wednesday

The euro firmed on Tuesday

2024-04-23

The euro rose on Tuesday but faced its biggest monthly drop since January. Eurozone business surged in April with strong service sector growth.

The euro firmed on Tuesday

The yen barely moved in Asian trading on Monday

2024-04-22

The yen stayed steady in Asian trading on Monday, while the US dollar held near five-month highs after last week's policy and geopolitical changes.

The yen barely moved in Asian trading on Monday

A wave of risk aversion swept over markets on Friday

2024-04-19

Markets experienced a wave of risk aversion on Friday as reports emerged of Israel attacking Iran, prompting investors to seek safe-haven currencies.

A wave of risk aversion swept over markets on Friday

Currency pressures persist on Thursday

2024-04-18

On Thursday, the dollar weakened while pressures on other currencies persisted. Strong data dampened expectations of Fed rate cuts in June.

Currency pressures persist on Thursday

Pound rises from fall to rise

2024-04-17

Fed Chair Powell's comments on Wednesday drove a modest dollar gain, citing limited progress on inflation goals. Traders predict a 40-bps cut by 2024.

Pound rises from fall to rise

The dollar rose to a five-month high on Tuesday

2024-04-16

The dollar hit a 5-month high on Tuesday as US retail sales surged 0.7% in March, beating economists' 0.4% forecast.

The dollar rose to a five-month high on Tuesday

Euro hits biggest drop since September 2022

2024-04-15

Monday saw the dollar stabilize, marking its largest weekly surge since 2022, buoyed by rising Middle East tensions and looming high interest rates.

Euro hits biggest drop since September 2022
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