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Friday,
03-May-2024
03:44 (IST)
The U.S. dollar drifted marginally lower Friday, with activity muted ahead of the widely-watched monthly U.S. jobs report, and the Japanese yen set for its next week in more than a year. At 04:25 ET (08:25 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower to 105.110, on course for its worst week in almost two months. The dollar has been on the back foot for most of this week, after Fed Chair Jerome Powell largely ruled out rate hikes, signalling that the U.S. central bank was still leaning towards eventual rate cuts, even if they may...
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Friday,
03-May-2024
03:32 (IST)
The yen was headed for its biggest weekly gain in 16 months on Friday, helped by Japan's suspected intervention this week to pull the currency away from 34-year lows, while the dollar index fell t...
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Friday,
03-May-2024
11:40 (IST)
Most Asian currencies rose slightly on Friday, capitalizing on a drop in the dollar as markets hunkered down before key U.S. payrolls data that is likely to factor into interest rates. The dollar was ...
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Friday,
03-May-2024
08:10 (IST)
The yen was headed for its best week in more than a year on Friday, helped by Tokyo's suspected intervention this week to pull the Japanese currency away from 34-year lows, which also left the dol...
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Thursday,
02-May-2024
04:34 (IST)
The British pound slipped against the dollar, having risen the day before after the Federal Reserve's policy meeting, while investors were playing down the impact UK local elections on Thursday mi...
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Thursday,
02-May-2024
03:55 (IST)
The U.S. dollar stabilized Thursday after a sharp overnight drop in the wake of Fed Chair Jerome Powell ruling out any rate hikes, while the Japanese yen was volatile amid intervention talk. At 06:00 ...
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Thursday,
02-May-2024
01:47 (IST)
The yen dropped against the dollar on Thursday, reversing direction after a sudden surge late on Wednesday that traders and analysts were quick to attribute to intervention by Japanese authorities. Th...
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Thursday,
02-May-2024
11:07 (IST)
Most Asian currencies kept to a tight range on Thursday, taking little advantage of a drop in the dollar as the Federal Reserve said interest rates were unlikely to fall in the near-term, although the...
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Thursday,
02-May-2024
08:35 (IST)
The yen surged against the dollar in early Asian hours on Thursday on what traders suspected was another round of intervention by Japanese authorities to stop a sharp slide in the currency. The dollar...
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Tuesday,
30-Apr-2024
03:40 (IST)
The U.S. dollar climbed higher Tuesday ahead of the start of the latest Federal Reserve policy-setting meeting, while the Japanese yen retreated after suspected intervention. At 04:40 ET (08:40 GMT), ...
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