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 dollar index (DXY00) today is up by +0.27%. The dollar today is moderately higher on weakness in the yen after the BOJ refrained from tightening monetary policy. Also, the weakness in stocks ...
The yen extended its drop to 1% against the dollar as traders weighed the outlook for yield differentials between Japan and ...
The dollar dropped against the yen as market expectations grew for a significant Federal Reserve rate cut. Investors are ...
The U.S. dollar fell on Friday to its lowest level in nearly nine months against the Japanese yen after media reports once ...
Cryptopolitan on MSN4d
Yen surges to one-year high against dollar ahead of Fed meetingThe yen surged to its highest level in a year, pushing the dollar into a corner as the market braces for a potential ...
Tokyo's Nikkei led Asian markets higher Thursday as the yen hit a two-week high after the Federal Reserve announced a bumper ...
Kyodo News on MSN1d
Yen weakens to upper 143 vs. dollar on BOJ chief's dovish toneThe yen weakened sharply to the upper 143 range versus the U.S. dollar in Tokyo on Friday, after remarks by the Bank of Japan ...
Foreign-exchange margin traders in Japan unwound long yen positions as the currency strengthened past the key psychological ...
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