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The US dollar was steady on Friday
2024-03-01US dollar steady post data indicating persistent yet gradual inflation easing. Canadian dollar strengthens on upbeat GDP report.
The dollar tracked toward monthly gains on Thursday
2024-02-29The dollar edged higher before key inflation data, while the Swiss franc remains weakest among G10 currencies this month.
The dollar inched up on Wednesday
2024-02-28Despite US durable goods orders falling more than expected, the dollar edged up on Wednesday. The market mostly excludes a Fed rate cut before June.
Gas prices suffer triple blow
2024-02-28U.S. natural gas prices hit a 3-year low due to a warm winter, excess inventory, and high production. European prices are back to pre-invasion levels.
The dollar fell on Tuesday
2024-02-27Dollar dropped Tuesday, with markets eyeing upcoming economic data. Expectations for rate cut shifted to June from May, per CME's FedWatch Tool.
The dollar was on the front foot on Monday
2024-02-26Monday saw the dollar gain ground ahead of a busy week packed with crucial economic updates, offering insight into global interest rate trends.
Traders brace for pound rally against euro
2024-02-23Pound drops against the euro, and the Bank of England's stance diverges. UK growth is sluggish; forecasts were revised slightly higher.
The yen dropped its fourth week against the dollar
2024-02-23Yen eyes a fourth weekly drop vs. the dollar as investors seek higher yields. Weakest G10 currency in 2024, with fewer rate cuts expected elsewhere.
The dollar edged broadly lower on Thursday
2024-02-22The dollar dips as traders await business surveys to assess major economies. The Fed rate cut odds for May at around 30%.
The dollar fell broadly on Wednesday
2024-02-21The dollar fell broadly on Wednesday as traders awaited the Fed's meeting minutes for rate outlook clues, due later in the day.
Contrarians nearly die out in the overextended market
2024-02-21Wall Street misjudged high interest rates' effect, missing the rebound. Now bullish, as market hits record high of 5,000.
The US dollar rose broadly on Tuesday
2024-02-20The US dollar surged Tuesday on expectations of prolonged high interest rates, while the Australian dollar fell despite China's LPR cut.
The dollar was steady on Monday
2024-02-19Monday's steady dollar faces uncertain easing timing due to persistent inflation. Traders eye June for the first rate cut, per CME FedWatch.
Yen bulls get reality check after a brutal January
2024-02-09The Japanese yen has had a rough start to the year, falling about 5%. Inflation in Japan has cooled, and the U.S. economic outlook is optimistic.
