On Monday, the US dollar started the week steady, amid anticipation of upcoming changes to US interest rates. Dollar steady in anticipation of Fed minutes and new speakers Last week, the slowdown in US inflation influenced the dollar by increasing the likelihood of a Federal Reserve interest rate cut this year. However, the dollar recovered somewhat after […]

The US dollar is steady on Thursday after hitting multi-week lows in the wake of a weak US inflation report, which again put the focus back on the Fed’s rate cuts. Dollar on downtrend after key inflation data The dollar continued to slide after the latest US inflation data prompted expectations that the Federal Reserve would likely make two interest rate cuts this year, […]

The US dollar remained unchanged on Tuesday, awaiting the release of key inflation data that will likely influence future interest rate decisions. Dollar unchanged in anticipation of inflation data The dollar, along with the currency market, has started the week quietly, awaiting the latest data on US inflation, which is likely to determine near-term sentiment […]

The US dollar edged lower on Monday, consolidating after recent swings, as attention shifted to upcoming US inflation data for guidance on interest rates. The dollar awaits important inflation data Last week, the dollar experienced significant swings as mixed US economic data cast doubt on the timing of Federal Reserve rate cuts this year. However, […]

The U.S. dollar gained ground on Thursday, trading in a tight range ahead of important U.S. inflation data next week, while the pound lost ground ahead of the Bank of England meeting. Tight trading range ahead of US CPI The dollar managed to stabilize this week, after the sharp losses of the previous week, as […]

The U.S. dollar gained ground on Wednesday, recovering after recent weakening in anticipation of a series of appearances by Federal Reserve members. Federal Reserve hearings to follow The dollar received a slight boost late Tuesday after Minneapolis Fed President Neel Kashkari indicated that both persistent inflation and a robust economy could persuade the central bank to keep interest rates […]

The U.S. dollar gained value at the start of Tuesday’s trading day in Europe, showing signs of recovery after significant declines over the previous weekend, while the Japanese yen continued to lose ground despite intervention warnings. The dollar is stable after Friday’s fall The dollar stabilized on Tuesday, showing small signs of recovery from last week’s losses after non-farm payrolls data failed to […]

On Monday, the U.S. dollar stabilized after last week’s decline in the wake of weaker-than-expected nonfarm payrolls data, which prompted market participants to look ahead to the timing of possible interest rate cuts by the Federal Reserve this year. Last week, the U.S. dollar fell to a three-week low amid speculation that the Fed might cut rates from multi-decade highs, […]

On Friday, the U.S. dollar is barely losing ground, with market activity quiet ahead of the monthly U.S. jobs report. Meanwhile, the yen is on track for its worst weekly loss in almost a year. The dollar awaits the jobs report The dollar has been in a downtrend for most of the week, following comments by Federal […]

The U.S. dollar stabilized on Thursday after a significant overnight loss, following Federal Reserve Chairman Jerome Powell’s firm dismissal of further rate hikes this year, while the Japanese yen experienced volatility amid speculation of potential intervention. Powell dismisses further rate hikes Federal Reserve Chairman Jerome Powell stated that the battle against inflation is more prolonged than […]