Dollar Tentative, Yen Dips on Muddled Fed Rate-Cut Outlook
"While more substantial cuts through year-end are possible should data deteriorate, our baseline remains for a 25 bps rate cut in September, with easing at this pace also likely to occur in November and December," said David Doyle, head of economics at Macquarie.
The yen extended its drop to 1% against the dollar as traders weighed the outlook for yield differentials between Japan and ...
The US dollar continues to see a lot of support underneath, as the Bank of Japan has decided to do nothing during the interest rate decision, as the may be done already as far as tightening. If that’s ...
The U.S. dollar fell on Friday to its lowest level in nearly nine months against the Japanese yen after media reports once ...
The dollar dropped against the yen as market expectations grew for a significant Federal Reserve rate cut. Investors are ...
Bitcoin's price surged more than 6% this week, reaching a high of $63,800 following the U.S. Federal Reserve's decision to ...
Foreign-exchange margin traders in Japan unwound long yen positions as the currency strengthened past the key psychological ...
Ahead of the Fed, a German sentiment survey (DEZEWS=ECI) due on Tuesday is expected to show a slight deterioration this month ...
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