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Dollar holds close to two-year high while yuan faces pressure amid market shifts
On Monday, the dollar slipped a little, staying close to two-year highs. Meanwhile, traders will look at key U.S. economic reports this week for more information on what it means for the Federal Reserve to raise interest rates. According to a Reuters report, the Chinese yuan, on the other hand, was
Cryptopolitan
Jan 6, 2025
Japanese Yen remains close to multi-month low against US Dollar
The Japanese Yen (JPY) attracts fresh sellers at the start of a new week and remains close to a multi-month low touched against its American counterpart in December on the back of the Bank of Japan's (BoJ) dovish outlook.
Fxstreet
Jan 6, 2025
FOREX-Dollar hovers near two-year high; yuan under threat
Dollar eases slightly ahead of various U.S. economic data releasesYuan struggles on weaker side of 7.3 per dollarCanadian dollar rises on report of Trudeau's resignation announcementUpdates to mid-morning AsiaBy Rae Wee SINGAPORE, Jan 6 (Reuters) - The dollar eased a touch on Monday but stayed cl...Reuters
Jan 6, 2025
Australia, NZ dollars off 2-yr lows but inflation data looms
SYDNEY, Jan 6 (Reuters) - The Australian dollar moved further away from two-year lows on Monday, although a likely soft reading on monthly inflation could heap pressure on it again now that the country's central bank has turned dovish. The Aussie AUD=D3 edged up 0.3% to $0.6235, climbing for the thi...Reuters
Jan 6, 2025
FOREX-Dollar holds near two-year high; yuan under threat
By Rae Wee SINGAPORE, Jan 6 (Reuters) - The dollar strayed not too far from a two-year peak on Monday as traders awaited a raft of U.S. economic data releases this week, headlined by December's nonfarm payrolls report, for further clues on the Federal Reserve's rate outlook.Also in focus was the ...Reuters
Jan 6, 2025
RPT-BUZZ-Week Ahead-US jobs report, FOMC minutes lead busy schedule
Repeats with no changesJan 6 (Reuters) - The first week of 2025 will be an interesting and likely busy period for global markets, ending with U.S. December jobs data on Friday. The Federal Reserve's December meeting minutes and comments from Fed officials will also be eyed for policy clues. The Reu...Reuters
Jan 6, 2025
BUZZ-Week Ahead-US jobs report, FOMC minutes lead busy schedule
Jan 6 (Reuters) - The first week of 2025 will be an interesting and likely busy period for global markets, ending with U.S. December jobs data on Friday. The Federal Reserve's December meeting minutes and comments from Fed officials will also be eyed for policy clues. The Reuters poll forecasts a 15...Reuters
Jan 5, 2025
CANADA FX DEBT-Canadian dollar posts sixth straight weekly decline
Canadian dollar falls 0.3% against the greenbackFor the week, the currency was down 0.2%Trades in a range of 1.4384 to 1.4463Bond yields edge lower across the curveUpdates market pricingBy Fergal Smith TORONTO, Jan 3 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Friday ...Reuters
Jan 3, 2025
FOREX-Dollar on track for best week in a month
Dollar lower, but on track for best week in two monthsDour euro zone outlook weighs on euro this weekTraders price in about 40 bps of Fed rate cuts in 2025 Updated throughout in New York afternoon timeBy Karen Brettell NEW YORK, Jan 3 (Reuters) - The dollar dipped on Friday but was on track for ...Reuters
Jan 3, 2025
BUZZ-COMMENT-US recap: EUR/USD pares weekly loss as US shares shine
Jan 3 (Reuters) - The dollar index fell on Friday, trimming this week's gains as U.S. equities vaulted higher and traders squared positions ahead of the weekend. Treasury yields edged up following an upbeat ISM report and comments by Richmond Fed President Thomas Barkin. Barkin said the outlook for...Reuters
Jan 3, 2025
