Currencies: Dollar Extends Losses After Fomc Meeting

Dollar’s upside is capped by the Fed’s continued caution over raising rates and possible jaw boning from U.S. and Japanese authorities.

Topics:  fed s   u.s    japanese   dollar   
BING NEWS:
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    USD/CAD extends its losses for the second successive day, hovering around 1.3710 during the European session on Thursday. This improved risk appetite supports risk-sensitive currencies like the ...
    05/1/2024 - 9:40 pm | View Link
  • Dollar Rallies Ahead of an Expected Hawkish FOMC Wednesday
    The dollar index (DXY00) on Tuesday rose to a 1-week high and finished up by +0.60%. The dollar rallied Tuesday after T-note yields jumped when the US Q1 employment cost index rose more than expected, ...
    04/30/2024 - 8:35 am | View Link
  • US Dollar Index climbs as US PCE stays elevated – Fed rate cuts unlikely
    Summary: The Dollar Index, which gauges the value of the Greenback against a basket of 6 major currencies, climbed to 105.77 from 105.57 after the US PCE report showed price pressures remain elevated.
    04/28/2024 - 5:43 pm | View Link
  • Forget US dollar, these are best currencies to invest in 2024
    Despite the fact that many consider US dollar to be less stable, it still has the status as the world's reserve currency which makes it one the best currency to invest in. Sweden’s policy is ...
    04/26/2024 - 1:00 pm | View Link
  • Top 10 Strongest Currencies In The World In May 2024
    Commissions do not affect our editors' opinions or evaluations. The U.S. dollar is generally seen as the most powerful currency in the world. It’s the most-traded currency on the global stage by ...
    04/21/2024 - 7:17 pm | View Link
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