By Jiaxing LiThe U.S. dollar slid toward its biggest weekly loss since April on Friday after a tepid jobs report cooled market expectations for a near-term Federal Reserve rate hike, providing some relief for the embattled Japanese yen.Broad dollar weakness lifted the euro FX:EURUSD to hover near a…
The Australian dollar strengthened for a second straight session to around $0.690 and was on track for a weekly gain, supported by hawkish interpretations of the RBA's June meeting minutes from major banks.While markets priced in only a 15% chance of an August rate hike and roughly 50% odds that th…
The Australian dollar was set for the first weekly gain in five on Friday, helped by soft U.S. jobs data that lessened the risk of a near-term rate rise, while the kiwi braced for possible policy tightening next week.The Aussie edged up 0.1% to $0.6932 FX:AUDUSD, having climbed 0.4% overnight to as…
By Jiaxing LiThe U.S. dollar was on track for the biggest weekly drop in nearly three months on Friday, after a tepid June jobs report pushed back markets expectations for Fed rate hikes, providing some relief for the embattled yen.Softness in the greenback continued in early Asian trade, with the…
By Nell MackenzieHedge funds trading stocks finished June with double-digit returns for the year so far, helped by their ability to successfully navigate already crowded trades, according to a Goldman Sachs NYSE:GS client note seen by Reuters on Thursday.Stockpickers returned 4% last month, said th…
By Satoshi SugiyamaThe dollar held tight ranges on Thursday as markets awaited key U.S. jobs data for clues on the rates outlook, while the yen's slide to 40-year lows against the greenback and thin trade ahead of a U.S. holiday kept traders on high alert for intervention.The dollar index TVC:DXY…
By Wayne ColeThe Australian and New Zealand dollars marked time on Thursday as markets globally braced for a U.S. jobs report that could impact the risk of a rate rise there, putting bonds under pressure.The Aussie idled at $0.6894 FX:AUDUSD, having eased 0.4% overnight and away from resistance at…
The Australian dollar remained below $0.690, hovering near a three-month low as investors pared back expectations for further interest rate hikes, while weaker-than-expected trade data weighed on sentiment.The country unexpectedly posted a AUD 3.02 billion trade deficit in May, the largest since De…
By Satoshi SugiyamaThe dollar held steady on Thursday as markets awaited key U.S. non-farm payrolls data, while the yen's slide to 40-year lows against the greenback and thin trading ahead of a U.S. holiday kept traders on high alert for intervention.The dollar index TVC:DXY, which measures the gre…
By Amanda CooperThe dollar hit a 40-year high against the yen on Wednesday as a sharp rise in U.S. Treasury yields boosted the currency ahead of U.S. jobs data that could strengthen the case for a Federal Reserve rate hike this month.The dollar rose as high as 162.84 yen FX_IDC:USDJPY, well above l…
By Rae Wee and Amanda CooperThe dollar hit a 40-year high against the yen on Wednesday as a sharp rise in U.S. Treasury yields boosted the currency ahead of U.S. jobs data that could strengthen the case for a Federal Reserve rate hike this month.The dollar rose as high as 162.84 yen FX_IDC:USDJPY…
By Rae WeeThe dollar climbed after a sharp rise in Treasury yields and pushed the yen to a 40-year trough on Wednesday, as traders braced for a crucial U.S. jobs report and ramped up bets on an imminent Federal Reserve rate hike.The dollar rose to a fresh top of 162.84 yen FX_IDC:USDJPY in the Asia…
The Australian and New Zealand dollars skidded on Wednesday after a bruising month of losses, as markets wagered on near-term U.S. rate hikes while paring back expectations for tightening at home.Bond markets were also under pressure after U.S. Treasury yields spiked overnight as futures narrowed t…
The Australian dollar remained below $0.70, hovering close to three-month lows as a resurgent US dollar continued to dominate currency markets, while the domestic policy outlook remained mixed.Minutes from the Reserve Bank of Australia's June policy meeting showed policymakers continued to see upsi…
By Rae WeeThe dollar got a boost from a sharp rise in Treasury yields and pushed the yen to a 40-year trough on Wednesday, as traders braced for a crucial U.S. jobs report and ramped up bets on an imminent Federal Reserve rate hike.The dollar rose to a fresh top of 162.77 yen FX_IDC:USDJPY in the e…
By Alun John and Ankur BanerjeeThe steadily climbing dollar pushed the yen down to levels not seen since 1986 on Tuesday, heightening expectations that direct intervention from Tokyo was near, even if not immediate, and also putting the euro under pressure.The U.S. dollar climbed to as high as 162…
By Alun John and Ankur BanerjeeThe steadily climbing dollar pushed the yen down to levels not seen since 1986 on Tuesday, stoking worries that direct intervention from Tokyo was near, if perhaps not immediate, and also putting the euro under pressure.The greenback climbed to as high as 162.41 yen f…
By Ankur BanerjeeThe yen slumped to levels not seen since 1986 on Tuesday, stoking worries that direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that could influence the U.S. rate outlook.The yen FX_IDC:USDJPY weakened to 162…
By Wayne ColeThe Australian dollar hit a fresh three-month low on Tuesday as the greenback extended its recent climb, while mixed messaging on the outlook for rates from the country's central bank kept yield spreads compressed.The Aussie slipped 0.3% to $0.6867 FX:AUDUSD, and was getting dangerousl…
By Ankur BanerjeeThe yen slumped to levels not seen since 1986 on Tuesday, stoking worries that direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that could influence the U.S. rate outlook.The yen FX_IDC:USDJPY weakened to 162…
