US Dollar Weakens After Economy Sheds 23,000 Jobs in July
The US dollar weakened at the end of the trading week as investors adjusted their expectations for Federal Reserve policy following the July jobs report….
Posts Tagged: United States
Japanese Yen Weakens Slightly Against US Dollar After Last Week’s Intervention
The Japanese yen weakened slightly against the US dollar on Tuesday following a three-session gain. Japan and the United States jointly intervened last week to…
Japanese Yen Strengthens for Second Straight Session Amid Suspected FX Intervention
The Japanese yen strengthened against the US dollar for the second consecutive day as market watchers widely suspect government intervention in the foreign-exchange market. Tokyo…
US Dollar Suffers Sharp Selloff Amid Spike in US Treasury Yields
The US dollar plummeted on Thursday as the currency failed to rally alongside long-term Treasury yields one day after the Federal Reserve left interest rates…
US Dollar Index (DXY) Pushes 101.00 as Inflation, Interest Rates Boost Treasury Yields
The US dollar strengthened to kick off the trading week, climbing above 101.00 for the first time in a month. The buck has regained momentum…
US Dollar Index (DXY) Posts Weekly Gain as Traders Bet Big on Chief Global Reserve Currency
The US dollar strengthened to end the trading week, with the greenback maintaining its solid first-half performance as investors seek shelter in the traditional safe-haven…
AUD/USD Holds Firm Near 0.7070 as Risk Appetite Improves Amid Middle East Developments
The AUD/USD pair traded close to the 0.7070 level on Wednesday, maintaining a broadly neutral bias as the Australian Dollar found support from a modest…
USD/JPY Remains Elevated as Geopolitical Developments and Intervention Risks Collide
The USD/JPY pair traded steadily near the 160.15 level on Monday as investors closely monitored geopolitical developments in the Middle East while remaining cautious about…