FX Daily: A Dollar Rally to Start the New Year
The jumped yesterday as investors started to return from the long Christmas break. Markets are unwinding some dovish bets, and...
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Dollar gains against most currencies as U.S. nonfarm payrolls loom
The U.S. currency gained on news that U.S. private employers hired more workers than expected in December. Private payrolls increased...
Dollar edges higher as risk rally hits pause
However, the New Zealand dollar, often used as a proxy for risk appetite, slid to a two-week low of $0.62485.The...
Dollar snaps two-year winning streak on 2024 rate cut bets
Since the Fed launched its aggressive rate-hike cycle in early 2022, expectations of how far U.S. rates would have to...
Bruised dollar wobbles as traders eye U.S. rate cuts next year
The dollar index, which measures the U.S. currency against six rivals, fell to a fresh five month low of 100.81....
U.S. dollar heads for first negative year since 2020. Here’s where foreign currencies stand
Hopes for a stronger economy, lower inflation and a more accommodative Federal Reserve are converging to push the U.S. dollar...
FX Daily: Cautious BoJ Hits the Yen
The Bank of Japan did not give in to market pressure and kept its dovish guidance intact. However, the wording...
FX Daily: Cautious BoJ Hits the Yen
The Bank of Japan did not give in to market pressure and kept its dovish guidance intact. However, the wording...
US Dollar: Rate Cut Bets Unleash Greenback Bears – Can Bulls Reclaim 103 Level?
The US Fed's signal of potential rate cuts next year weakened the US dollar, which closed the week in the...
FX Daily: European Pushback Supports Local Currencies
As the dust settles after a furious period for central bank meetings we are left to conclude that European policymakers...
