Asia FX treads water as Fed meeting looms, dollar inches higher By Investing.com
© Reuters By Ambar Warrick Investing.com– Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an interest rate hike and a potentially hawkish message from the central bank. The dollar firmed slightly against a basket of currencies, with the and advancing about […]
Dollar set for fourth monthly drop as Fed meeting looms By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Tom Westbrook SINGAPORE (Reuters) – The dollar was eyeing a fourth monthly loss on Tuesday as investors reckon a peak in U.S. interest rates could swing into view as soon as this week’s Federal Reserve […]
Asia FX muted, dollar steadies as Fed meeting looms By Investing.com
© Reuters By Ambar Warrick Investing.com — Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve meeting this week, with any signals on U.S. monetary policy squarely in focus. But most Asian units were set for strong gains in January amid expectations […]
Bullish harami looms, with bulls targeting 131.50
USD/JPY remains downtrend but is about to form a bullish harami candle pattern, suggesting an upward correction on the cards. USD/JPY Price Analysis: Once it clears 129.50, it could rally towards 131.57 before turning neutral. USD/JPY slumps in a choppy New York trading session and edges beneath 130.00 after a round of US economic data, […]
Asia FX muted as PCE data looms, yen boosted by inflation By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies kept to a tight range on Friday in anticipation of the Federal Reserve’s preferred inflation gauge, while the Japanese yen rose as higher-than-expected Tokyo inflation readings fed into expectations for more hawkish moves by the Bank of Japan. The rose 0.2% against the dollar and […]
Yen perched near 7-month high as BOJ looms By Reuters
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration By Tom Westbrook SINGAPORE (Reuters) – The dollar drifted off multi-month lows on Tuesday, while the yen was perched near seven-month highs as investors held their breath for a potential policy shift at […]
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 […]