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The dollar rose on Tuesday

2024-01-16

Tuesday saw the dollar climb, with reduced expectations for Fed rate cuts after the ECB's hawkish remarks. The euro lost momentum.

The dollar rose on Tuesday

The dollar eased on Monday

2024-01-15

The dollar weakened on renewed expectations of early Fed rate cuts. An unexpected fall in producer prices indicates a continued decline in inflation.

The dollar eased on Monday

The dollar held steady on Friday

2024-01-12

Friday: The dollar steadies amid mixed inflation data vs. expectations of imminent Fed rate cuts. Traders see a 73.2% chance of March cuts.

The dollar held steady on Friday

​Oil prices in tailspin amid supply and demand worries

2024-01-12

In the first week of 2024, tensions in the Middle East blocked Red Sea shipping, Iran retaliated by seizing cargo ships, and Lebanon threatened Israel.

​Oil prices in tailspin amid supply and demand worries

The dollar drifted lower on Thursday

2024-01-11

On Thursday, the dollar slipped, anticipating a cooling inflation report. Sterling rose on positive market sentiment, extending its gains.

The dollar drifted lower on Thursday

The dollar was steady on Wednesday

2024-01-10

USD steadied ahead of US inflation data; potential impact on Fed policy. The futures market suggests a 64% chance of rate cuts in March.

The dollar was steady on Wednesday

​UK assets look dim in an election year

2024-01-10

The pound gave up its 2023 gains as the dollar rebounded, but Britain showed signs of adapting to higher interest rates.

​UK assets look dim in an election year

The dollar digested its gains on Tuesday

2024-01-09

Dollar digested gains on Tuesday; traders expect multiple Fed cuts this year due to slowing US inflation. Yen rebounded from a three-week low.

The dollar digested its gains on Tuesday

The dollar edged broadly higher on Monday

2024-01-08

The dollar rose Monday with a subdued risk appetite. A key inflation report later in the week may clarify the Fed's interest rate path.

The dollar edged broadly higher on Monday

Dollar set for the best week since July

2024-01-05

Friday saw the dollar's strongest week since July, boosted by a robust ADP jobs report, awaiting confirmation from later official data.

Dollar set for the best week since July

The dollar edged higher on Thursday

2024-01-04

The dollar rose on Thursday; investors tempered Fed rate-cut expectations. Caution prevails after last month's risk rally, impacting markets.

The dollar edged higher on Thursday

The dollar dipped from a two-week peak on Wednesday

2024-01-03

Wednesday: The dollar eased from a 2-week high, supported by factors like Treasury yields and cautious market sentiment, impacting Wall Street.

The dollar dipped from a two-week peak on Wednesday

The dollar rose on the year's first trade

2024-01-02

The dollar rose on the first trading day of the year, with attention on this week's economic data for clues on the Fed's next move.

The dollar rose on the year's first trade

The dollar was set to end 2023 lower

2023-12-29

The dollar is poised to finish 2023 lower, halting two years of gains. The market anticipates the Fed rate easing by March, causing the decline.

The dollar was set to end 2023 lower

The dollar nursed steep losses on Thursday

2023-12-28

On Thursday, the dollar posted steep losses, set for a yearly decline. The Swiss franc hit a 9-year peak, and the euro hit a 5-month high.

The dollar nursed steep losses on Thursday
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Best-trader Financial Group is owned and operated by Best-trader Group.
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