Currencies
Dollar steady ahead of Fed minutes, sterling gains on CPI release
The U.S. dollar traded calmly Wednesday ahead of the release of the minutes from the last Federal Reserve meeting, while sterling gained as inflation fell by less than expected in April.
Dollar edges down, ether’s 2-month high fuels crypto rally
The dollar struggled for direction on Tuesday as investors stuck to their views for the expected timing of Federal Reserve monetary easing this year.
Dollar holds steady as investors wait for Fed guidance
The dollar was broadly steady on Monday as investors awaited further clues to help chart the path of U.S. interest rates in the wake of cautious comments from Federal Reserve officials, even as inflation showed signs of cooling.
USD/ILS: UBS forecasts shekel strength on Israel’s recovery, Fed easing
The shekel had briefly surpassed the 3.80 level against the dollar due to recent tensions between Iran and Israel, as well as the ongoing conflict with Hamas. UBS analysts expect these pressures to ease, setting the stage for the shekel to capitalize on Israel’s economic rebound and the prudent policies of the Bank of Israel…
Dollar drops to one-month low vs euro before key CPI test
The dollar dipped to a one-month low versus the euro on Wednesday amid lower Treasury yields as traders braced for a key U.S. inflation report later in the day that could dictate the path of Federal Reserve policy.
Dollar steady ahead of inflation data; sterling slips after job numbers
The U.S. dollar steadied Tuesday, largely drifting ahead of the release of key inflation data that are likely to factor into the outlook for interest rates.
Dollar edges higher, helped by hawkish Fed speakers ; Sterling slips ahead of BOE
The U.S. dollar edged higher Thursday, trading in a tight range ahead of next week’s all-important U.S. inflation data, while the pound slipped ahead of the Bank of England’s policy-setting meeting.
More yen weakness likely – BOA Securities survey
More Japanese yen weakness looks likely, according to Bank of America Securities, citing its latest foreign exchange and rates sentiment survey.
Dollar fades after claims data, pound recovers from BoE-led low
The dollar weakened against most currencies on Monday after economic data showed more signs of softening in the U.S. labor market, while the pound rebounded from earlier lows after the Bank of England opened the door for an interest rate cut.
Dollar gains ground; subdued yen prompts Japan warning
The dollar edged up on Wednesday, recouping some of the losses stemming from renewed bets on Federal Reserve rate cuts this year, while the yen weakened for a third day, keeping investors wary of the risk of intervention from Tokyo.