By Ankur BanerjeeThe yen was pinned at levels not seen since 1986 on Tuesday, stoking worries that a 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…
By Jiaxing LiThe U.S. dollar held firm on Monday, on track for its biggest monthly gain in nearly a year, as Gulf tensions and elevated Treasury yields underpinned demand ahead of key jobs data later in the week.The U.S. and Iran traded fresh barbs over the weekend before they agreed to stop tit-fo…
By Wayne ColeThe Australian and New Zealand dollars faced another tough week on Monday as markets wager on an early U.S. rate hike, while paring back expectations for tightening at home.The Aussie was flat at $0.6888 FX:AUDUSD, having shed 1.8% last week to three-month lows at $0.6875. The next maj…
By Jiaxing LiThe U.S. dollar was on the defensive on Monday but remained on track for its biggest monthly gain in nearly a year, due to tension in the Gulf and ahead of jobs data that could shape the Federal Reserve's rate path.The U.S. and Iran traded fresh barbs over the weekend before they agre…
The Australian dollar depreciated further below $0.690, hitting a fresh three-month low as renewed tensions in the Middle East weighed on risk sentiment.The US and Iran agreed to pause hostilities and resume peace talks over the Strait of Hormuz dispute after days of strikes and counterstrikes on v…
The U.S. dollar ended Friday slightly mixed but still posted a gain for the week as investors turned more cautious toward risk assets. The greenback came under pressure from falling U.S. Treasury yields, particularly at the short and intermediate maturities, and another sharp decline in crude oil p…
