Dollar

17 September 2024
Dollar-yen pair under scrutiny as traders eye central bank moves

Tokyo’s markets reopened on Tuesday after a long weekend, but traders appeared hesitant to push the yen back toward the strong 140 per dollar mark. Earlier, low liquidity had driven the yen briefly beyond this level. -vtmarkets.com

16 September 2024
Dollar weakens against yen as Fed rate cut looms

The dollar weakened further on Monday, reaching 139.58 yen as investors grew increasingly confident that the Federal Reserve might implement a larger-than-expected rate cut later this week. This recent dip marks a continuation of the dollar’s retreat from 140.285 yen, …

13 September 2024
Rupee poised to strengthen as traders anticipate larger Fed rate cut

The Indian rupee looks likely to gain momentum after media reports, including those from the Financial Times and Wall Street Journal, indicated that next week’s Federal Reserve decision might involve a larger-than-expected rate cut. -vtmarkets.com

13 September 2024
Traders bet on Fed’s next move, weakening the dollar

Trader sentiment has shifted amid media reports and new economic data, hinting that the Federal Reserve might lean toward a more aggressive interest rate cut. Market participants, guided by the CME FedWatch tool, have increased their expectations for a 50-basis-point …

12 September 2024
Dollar firms up as market bets on smaller Fed rate cut

The dollar fueled by smaller Fed rate cut bets following U.S. inflation data. Markets now expect a 25-bps cut, while political factors create added uncertainty for the greenback. -vtmarkets.com

12 September 2024
Australian and New Zealand dollars hold ground as risk sentiment stabilises

The Australian and New Zealand dollars saw a lift on Thursday, as a rebound in global stock markets and the anticipation of a European Central Bank (ECB) rate cut helped stabilise risk sentiment. -vtmarkets.com

11 September 2024
Offshore yuan rebounds as Trump’s election prospects decline

Offshore yuan rebounds past 7.11 per dollar as Donald Trump’s chances of winning the U.S. presidency decline, reducing tariff threats. Traders now focus on U.S. inflation and key Chinese economic data. -vtmarkets.com

11 September 2024
New Zealand dollar holds steady as markets await US CPI data

New Zealand dollar remains steady as investors await US inflation data, which could guide Federal Reserve’s rate decision next week. -vtmarkets.com

11 September 2024
Yen nears a 5-week high as traders focus on the U.S. presidential debate and inflation report

The yen held close to a five-week high on Wednesday, with USD/JPY at 142.18. The dollar was down 0.2% in early trading, and traders are now focused on upcoming U.S. inflation data and the first U.S. presidential debate between Kamala …

10 September 2024
Aussie drops to 3-week low on weak sentiment and domestic data

Key Points: AUDUSD dips below $0.666 due to weak consumer and business sentiment in Australia. Traders exercise caution ahead of key U.S. inflation data and potential Federal Reserve rate cuts. RBA keeps rates steady, focusing on managing inflation and labor …

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