Rate Fears And Safe-haven Demand Boosted Dollar Last Week
Renewed uncertainty about Fed rate cuts triggered by hotter-than-expected inflation readings as well as escalating tensions in the Middle East, catalyzed the Dollar's massive climb during the week end... Full Article
NZ Dollar Rises After RBNZ Holds Rate
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday after New Zealand's central bank left its benchmark rate unchanged for the sixth straight session a... Full Article
Strong U.S. Jobs Data Failed To Lift Dollar Last Week
Data from the U.S. showing a larger-than-expected addition to non-farm payrolls and an unexpected decline in unemployment failed to sustain the Dollar's gains during the week ended April 5. The U.S. D... Full Article
Last Week's Dollar Uptick Despite Growing Fed Rate Cut Bets
The Dollar Index edged higher during the week ended March 29, even as expectations of a rate cut in June strengthened with the release of the PCE-based inflation readings from the U.S. on Friday. The... Full Article
Dollar Rises Despite Fed's Rate Cut Hints
Anxiety ahead of the monetary policy decisions by the Bank of Japan, Reserve Bank of Australia, Federal Reserve, Bank of England and a slew of other central banks due during the week set the context f... Full Article
Swiss Franc Slides As Swiss Central Bank Makes Surprise Rate Cut
The Swiss franc weakened against other major currencies in the European session on Thursday, after the Swiss National Bank lowered its policy rate by a quarter-point, as the fight against inflation ov... Full Article
Yen Slides As BoJ Pause Its Ultra-Loose Monetary Policy
The Japanese yen weakened against other major currencies in the Asian session on Tuesday, after the Bank of Japan decided to end negative rates amid signs that inflation is strengthening. The Bank of... Full Article
Australian Dollar Slides After RBA Rate Decision
The Australian dollar weakened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia decided to keep its benchmark interest rate unchanged at its March me... Full Article
Dollar Tumbled Last Week Amidst Powell's Rate Cut Assurances
The Fed's growing confidence that inflation was moving sustainably at the 2 percent level and Jerome Powell's ample rate cut hints in the Congressional testimony sent the Dollar plunging in the last w... Full Article
Dollar Drops In A Week Of Divergent Inflation Trends
Inflation trends mattered much to the currency markets during the period February 24 to March 1, 2024. The week witnessed the U.S. Dollar weakening against the Euro as well as the Japanese Yen but str... Full Article
Kiwi Falls As RBNZ Monetary Policy Spurs Less Chance Of Rate Hike
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, after the New Zealand's central bank left the benchmark interest rate unchanged for the fifth straight... Full Article
Malaysian Ringgit Is Undervalued – Central Bank
Malaysia's currency ringgit is undervalued and should be trading higher given the economic fundamentals, the country's central bank said Tuesday as it tries to prop up the currency that is trading nea... Full Article
Hawkish Fedspeak Came To The Dollar's Rescue Last Week
A Fed narrative that focused on scaling back rate cut expectations helped the U.S. Dollar trade firm during the week spanning February 5 to February 9. The Dollar Index, a measure of the Dollar's rela... Full Article
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