Currencies
Dollar steadies ahead of key economic data deluge
The dollar has been boosted of late by a series of economic data releases pointing to the underlying strength of the U.S. economy, resulting in investors pencilling in a slower pace of interest rates from the Federal Reserve than had previously been seen likely.
Asia FX weakens, yen slides after election quashes rate hike bets
Most Asian currencies weakened on Monday with the Japanese yen sliding to a three-month low amid bets that the loss of a parliamentary majority for Japan’s ruling party diminished the prospect of higher interest rates in the country.
Asia FX muted as dollar holds weekly gains; yen steady with election in focus
The Japanese yen steadied near its weakest level in three months as Japan geared up for a tightly contested general election over the weekend, while verbal warnings on potential currency market intervention also kept traders skittish towards the currency.
Asia FX nurses steep losses with yen near 3-mth low; dollar strong
Most Asian currencies steadied from recent losses on Thursday with the Japanese yen remaining close to near three-month lows, while the dollar remained underpinned by expectations of slower interest rate cuts.
Asia FX weakens, dollar at near 3-mth high amid rate, election jitters
Most Asian currencies weakened on Wednesday as uncertainty over U.S. interest rates and the upcoming presidential elections kept traders risk-averse, while the dollar remained at a near three-month high.
Dollar slips from highs; euro gains ahead of ECB speakers
Four Federal Reserve policymakers on Monday backed further reductions in interest rates following the central bank’s decision to cut borrowing costs by an outsized 50 basis points in September.
Dollar climbs with US rates on economic outlook
The dollar climbed on Monday, buoyed by a rise in U.S. bond yields, as solid U.S. economic data suggested the Federal Reserve can afford to be patient in cutting rates while investors positioned for the Nov. 5 presidential election.
US dollar rallies on Fed outlook, potential Trump win; inflation weighs on pound
The U.S. dollar firmed on Wednesday, hitting an 11-week high, as investors ruled out a hefty interest rate cut from the Federal Reserve at the next policy meeting and priced in a potential election victory by former President Donald Trump.
US dollar gains as US election draws nearer – UBS
A new USD-positive over the past week has been media reports of somewhat better outlook for Donald Trump in the latest polls, as outcomes that allow for policies such as more aggressive tariffs are viewed as more USD positive.
Dollar slips from highs; euro under pressure after weak inflation data
The US currency has been in demand in recent weeks as employment and inflation readings spurred bets on a slower pace of rate cuts by the Fed, after the central bank cut rates by a hefty 50 basis points in September and announced the start of an easing cycle.