Tag: FX
Dollar Strengthens on Rate Outlook, Yen Continues Decline for Third Consecutive Day
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The dollar experienced gains as investors maintained confidence in the outperformance of the U.S. economy, leading to its third consecutive day of strength against...
Dollar Strengthens as Yen Weakens Amid Intervention Concerns
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On Wednesday, the dollar regained its footing, posting modest gains following earlier losses attributed to renewed expectations of Federal Reserve rate cuts later this...
Yen Weakens Despite Intervention Threat; Aussie Slips After RBA Decision
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On Tuesday, the Japanese yen extended its decline against the US dollar, influenced by substantial interest rate differentials, despite renewed warnings from Japanese authorities...
Japan’s Top FX Official Assures 24-Hour Vigilance, Declines Comment on Intervention
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Masato Kanda, Japan's top currency diplomat, affirmed on Tuesday that authorities stand ready to address foreign exchange matters at any time, emphasizing their readiness...
What is the best index fund for beginners?
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Index funds have gained popularity among beginner investors for their simplicity and effectiveness. An index fund is a type of mutual fund or exchange-traded...
Currency Market Update: Dollar Hit by PMI Data, Aussie Soars on Inflation Surprise
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On Wednesday, the dollar found itself reeling from significant losses against the euro and sterling, while the yen remained entrenched near 34-year lows despite...
Citi Predicts Continued Weakness in GBP Amid Dovish BoE Signals
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Analysts at Citi FX have underscored a dovish shift in the recent remarks from the Bank of England (BoE), leading to a diminished value...
Yen Under Pressure as US Treasury Yields Rise
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On Tuesday, the dollar exhibited tentative movements, failing to gain significant momentum from an increase in U.S. Treasury yields. However, this upward pressure on...
Dollar Recovers, But Weekly Loss Looms Following Robust Job Growth Data
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The dollar exhibited strength, albeit still poised for a weekly decline, following a blowout in job growth figures for March, potentially delaying anticipated interest...
Dollar Strengthens Ahead of Crucial Inflation Figures
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The dollar exhibited strength against the euro as investors prepared for the release of key U.S. inflation data, coinciding with month- and quarter-end position...
Canadian Dollar Weakens Amid Surging U.S. CPI, Heightening Speculation on Delayed Fed Rate Cuts
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The Canadian dollar faced a decline against its U.S. counterpart as robust U.S. inflation data surpassed expectations, prompting market considerations of a potential delay...
Asian Stocks Slide on Disappointing China NPC and Hawkish Fed Comments
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Most Asian stocks faced declines on Tuesday, led by sharp losses in Hong Kong, as the commencement of China's week-long National People's Congress (NPC)...