Currencies: Dollar Steady Against Yen Ahead Of Fomc Meeting

Dollar holds its ground as markets await the outcome of a Fed meeting and preliminary growth data, but dollar holds its ground.

Topics:  dollar   meeting   holds   ground   
BING NEWS:
  • Yen set for biggest weekly gain in 16 months; dollar awaits US jobs data
    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 to a ...
    05/2/2024 - 9:31 pm | View Link
  • Yen set for sharp weekly gain, while dollar awaits US jobs data
    deployed after a less hawkish than expected FOMC (U.S. Federal Open Market Committee) on Wednesday, has sent markets the message that the MoF is less tolerant of a post-intervention depreciation of ...
    05/2/2024 - 1:00 pm | View Link
  • Easing Worries About Possible Rate Hike May Generate Buying Interest
    The major U.S. index futures are currently pointing to a notably higher open on Thursday, with stocks likely to move to the upside as ...
    05/2/2024 - 3:54 am | View Link
  • Ringgit opens slightly lower against US$ as Fed leaves rate unchanged
    The ringgit opened a tad lower against the US dollar today after the US Federal Reserve (Fed) kept its benchmark interest rate unchanged.
    05/1/2024 - 4:30 pm | View Link
  • Yen gives up ground vs dollar following surge on suspected intervention
    TOKYO: The yen gave up ground in early trade on Thursday, reversing direction after a sudden surge against the dollar overnight that traders and analysts were quick to attribute to intervention by ...
    05/1/2024 - 4:02 pm | View Link
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