currency-fluctuations
Top StoriesDollar Slips Ahead of Data, Set for First Monthly Drop in 2024
TradingDollar Holds Firm as Traders Trim US Rate Cut Bets
Top StoriesUS Dollar Edges Lower but up Against Yen, Aussie
Top StoriesSterling Steadies Against Dollar, Jumps to 16-year High vs Yen
Sterling Hits One-Week High vs Dollar, Focus on Rally Against Swiss Franc
Date: April 4, 2024
Sterling hits one-week high vs dollar, focus on rally against Swiss Franc By Stefano Rebaudo (Reuters) – Sterling edged higher against a weakening dollar and dropped versus the euro on Thursday, with investors focused on the Bank of England’s policy path and the economic outlook. The pound jumped versus the greenback the day after U.S....
Dollar Hits Two-Week Low While Battered Yen Stabilises
Date: April 4, 2024
Dollar hits two-week low while battered yen stabilises By Hannah Lang and Stefano Rebaudo NEW YORK (Reuters) – The dollar hit a two-week low on Thursday as economic data supported expectations for quick rate cuts in the United States, while the battered yen held steady under the key 152 level. An unexpected slowdown in U.S....
Dollar Dips as Traders Focus on US Rate Cuts Next Year
Date: December 28, 2023
Dollar dips as traders focus on US rate cuts next year By Ankur Banerjee SINGAPORE (Reuters) -The dollar nursed steep losses on Thursday and was headed for a yearly decline, while the Swiss franc perched at a nine-year peak and the euro at a five-month high on expectations that 2024 will bring deep rate cuts....
U.S. Dollar Listless as Markets Brace for post-Thanksgiving Buzz
Date: November 27, 2023
U.S. dollar listless as markets brace for post-Thanksgiving buzz By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar began the last week of November on the back foot and was on track for its biggest monthly drop in a year as traders eyed fresh economic cues in the week ahead to determine the...
Dollar Down as Markets Bet Fed Done With Hikes
Date: November 15, 2023
Dollar down as markets bet Fed done with hikes By Brigid Riley TOKYO (Reuters) -The dollar sputtered at broadly lower levels on Wednesday after slumping overnight as a surprisingly softer U.S. inflation reading bolstered bets that the Federal Reserve has reached the end of its monetary tightening cycle. The offshore Chinese yuan, meanwhile, received some...
US Dollar Retreats as Risk Appetite Rises, Fed Rate Hikes Seen as Done
Date: November 2, 2023
US dollar retreats as risk appetite rises, Fed rate hikes seen as done (Removes extraneous word “be” in the quote in the 7th paragraph) By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The U.S. dollar weakened broadly on Thursday, as investors bet that the Federal Reserve is done raising interest rates after holding...