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The dollar remained under pressure on Wednesday
2023-12-27Dollar weak, euro near 4-month high on Fed rate cut expectations. Holiday-related low trading volumes are expected until the New Year.
Asset managers run ahead of BOJ
2023-12-27Bank of Japan to end easing, sparking yen optimism. Despite hitting new highs against the USD, it fell 8.5% for the year.
The dollar started the week on the back foot
2023-12-26The dollar started the week on the back foot on Tuesday in holiday-thinned trade as currency moves were largely muted in the day after Christmas.
The dollar traded above a more than four-month low
2023-12-22Friday saw the dollar above a four-month low, awaiting a crucial inflation report to gauge the Fed's potential interest rate cuts in the coming year.
Sterling extended its loss on Thursday
2023-12-21Sterling extended losses Thursday, marking its steepest two-month drop after British inflation unexpectedly hit a two-year low in October.
The dollar steadied on Wednesday
2023-12-20Wednesday: The dollar stabilizes as the Fed downplays rate-cut bets. Range-bound in 2023 amid expectations of prolonged higher rates.
The yen fell against the dollar on Tuesday
2023-12-19Tuesday: Yen falls vs. dollar as BOJ keeps its ultra-loose policy. Eyes on Ueda's press conference for negative rate exit signals.
The US dollar opened lower this week
2023-12-18The US dollar opened lower, continuing its decline post-Fed meeting, signaling potential 2023 rate cuts. The yen stabilized after last week's 2% rise.
The dollar faces its worst week since July
2023-12-15The dollar is poised for the biggest weekly drop since July as the Fed signals next-year rate cuts. European central banks maintain restrictive policies.
BOE is set to give sterling a boost
2023-12-14The Bank of England shifts, but rate cuts are uncertain. The UK battles inflation, forecasted at 3.6% in March—higher than the US and Eurozone.
The dollar slipped on Thursday - Best-trader Daily Snapshot
2023-12-14Thursday saw the dollar dip as the Fed's new economic outlook suggested the end of the interest-rate hike cycle, signaling a policy shift in 2024.
The dollar ticked up slightly on Wednesday
2023-12-13The dollar rose ahead of the final Fed meeting this year. The unexpected US consumer price increase in November tempered expectations.
The dollar drifted lower in the Asia session
2023-12-12The dollar drifted lower in the Asia session on Tuesday as traders turned their focus on US inflation data and a slew of central bank meetings ahead.
The dollar started Monday on the front foot
2023-12-11The dollar opened strong on Monday, with US inflation data and the final Fed meeting of the year expected to shape the week ahead.
