Dollar

3 September 2024
Dollar holds steady as markets anticipate U.S. payrolls report

The U.S. dollar stayed firm near a two-week high against the yen and euro on Tuesday, reflecting cautious investor sentiment ahead of an influx of economic data, including Friday’s highly anticipated U.S. payrolls report. -vtmarkets.com

2 September 2024
Dollar hits two-week high against euro ahead of US jobs data

The dollar extended its gains on Monday, reaching a two-week high against the euro as traders scaled back their expectations for aggressive policy easing by the Federal Reserve. With a key U.S. jobs report scheduled for release later this week, …

30 August 2024
Dollar set to break 5-week losing streak as Fed rate cut expectations diminish

The U.S. dollar is on track to snap a five-week losing streak, trading near a one-week high against major peers on Friday. This rebound comes as robust U.S. economic data has led traders to pare back their bets on aggressive …

27 August 2024
Japanese yen slips as the U.S. dollar rebounds

The Japanese yen falls back, retreating from a three-week high as the U.S. dollar regains ground. Explore the factors influencing the movement of JPY and the potential trading opportunities ahead. -vtmarkets.com

27 August 2024
Aussie rally pauses before key inflation data release

The Australian dollar took a breather on Tuesday, holding steady at $0.6773 after retreating from its 2024 high of $0.6798. This pause comes as traders await the release of July’s domestic inflation data, which is expected to have a notable …

23 August 2024
Dollar steady as markets brace for Powell; BOJ’s Ueda aims to stabilise yen

The U.S. dollar held steady on Friday as the market’s focus turned to Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium.

22 August 2024
GBPUSD rises to 2024 high on positive data and dollar weakness

GBPUSD reaches a 2024 high, driven by positive UK economic data and a weaker US dollar ahead of the Jackson Hole event. Explore market implications and short-term trader insights.

22 August 2024
Rupee under pressure despite dovish Fed minutes; downside bias persists

The Indian rupee is likely to start Thursday’s session with little change, despite the U.S. Federal Reserve’s dovish minutes failing to provide a lift to Asian currencies. The 1-month non-deliverable forward (NDF) suggests the rupee (USDINR) will open close to …

20 August 2024
Japanese yen gains strength on Fed rate cut expectations

The JPY gains strength against the U.S. dollar, supported by expectations of a Fed rate cut and robust Japanese economic data. Read more for insights on the monetary policy of BoJ.

20 August 2024
Dollar hits seven-month low on rate cut expectations; Powell’s speech in spotlight

On Tuesday, the U.S. dollar hovered near its lowest point in seven months, driven by increasing expectations that the Federal Reserve may begin cutting interest rates as soon as next month.

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