Dollar stabilizes, yen climbs ahead of BOJ meeting By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Monday, trading just above a seven-month low on rising expectations that the Federal Reserve will slow the pace of its interest-rate hikes, while the Japanese yen gained ahead of a Bank of Japan meeting. At 03:00 ET (08:00 GMT), the […]
Asia FX rises, Japanese yen hits over 7-mth high on BOJ speculation By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies advanced against the dollar on Monday, cheered largely by the prospect of smaller interest rate hikes by the Federal Reserve, while speculation over another hawkish move by the Bank of Japan pushed the yen to an over seven-month peak. The rose 0.4% to 127.32 against […]
Dollar stabilizes ahead of key December inflation data By Investing.com
© Reuters By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Thursday ahead of a widely awaited U.S. consumer inflation release, while the Japanese yen surged ahead of next week’s Bank of Japan meeting. At 03:00 ET (08:00 GMT), the , which tracks the greenback against a basket of six other […]
Dollar weakens in wake of CPI release; yen climbs ahead of BOJ By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve to ease the pace of its interest rate hikes. At 03:05 ET (08:05 GMT), the , which tracks the greenback against a […]
Asia FX heads for weekly bounce, dollar at 7-mth low on easing inflation By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies crept higher on Friday and were headed for steep weekly gains on the prospect of an eventual shift in the Federal Reserve’s hawkish stance, which also pushed the dollar to a seven-month low. The rose 0.1% against the dollar to an over seven-month high of […]
Asia FX steadies before U.S. CPI data, dollar nears 7-month low By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies crept higher on Thursday and the dollar fell in anticipation of data showing a further easing in U.S. consumer inflation, while the Japanese yen rallied sharply after the country logged a record-high current account surplus. The dollar retreated further on Thursday, and was close to its lowest […]
Dollar largely flat; U.S. CPI in focus after Powell fails to provide lead By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar traded largely flat in Europe Wednesday, with risk sentiment on the rise but attention firmly on this week’s key U.S. inflation release. At 03:10 ET (08:10 GMT), the , which tracks the greenback against a basket of six other currencies, edged higher to 103.017, holding […]
Asia FX slips while dollar steadies ahead of CPI readings By Investing.com
© Reuters. By Ambar Warrick Investing.com — Asian currency markets edged lower on Wednesday as traders stepped back from risk-driven assets ahead of economic cues from key inflation readings this week, while the dollar steadied from recent losses. After logging a strong start to the week on optimism over a Chinese reopening, regional units crept […]
USD/JPY pain to return as surging inflation tees up BoJ for further hawkish foray By Investing.com
© Reuters By Yasin Ebrahim Investing.com — The dollar has attempted to steady since its recent rout against the yen, but the yen could bring the pain once again after the latest data showing Tokyo inflation hitting four-decade highs ramped up bets on the Bank of Japan making a further foray into hawkish territory next […]
Dollar edges higher; Powell speech looms large By Investing.com
By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trade Tuesday, but traded just above a seven-month low as traders looked to a speech from Fed chair Jerome Powell for more clarity over the central bank’s rate hike cycle. At 03:15 ET (08:15 GMT), the , which tracks the greenback against […]