Fed, Dollar and Jobs Data
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A gauge of the dollar rose to its highest level in six months after traders reduced expectations of interest rate cuts from the Federal Reserve next month in the run-up to a key jobs report.
The dollar strengthened against the yen on Wednesday and the Japanese currency fell to a 10-month low, while Finance Minister Satsuki Katayama declared that Japan's new government was closely monitoring markets "with a high sense of urgency.
The dollar has had a rough 2025 so far, declining nearly 11% in the first half of the year. Will it continue? See expert forecasts and ChatGPT insights.
For all the attention paid to the dollar’s changing correlation to the level of US stocks this year, Goldman Sachs Group Inc strategists argue that the more interesting linkage lies between the greenback and CBOE’s Volatility Index,
By Brijesh Patel (Reuters) -Gold prices slipped on Thursday, weighed down by a stronger dollar and reduced expectations for a Federal Reserve rate cut in December, with investors eyeing a delayed U.S.
The governor also said that the Reserve Bank has "very good" buffers of foreign exchange reserves, and there is no need for concern on the external sector.
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 40th day in a row on Thursday. Meanwhile, it posted gains against most of the other
Singapore state investor Temasek Holdings Pte. has been “forced to hedge” the US dollar this year, according to its chief executive officer, calling the greenback’s weakness a big issue for foreign investors.