Yen nears multi-decade low as renewed intervention risk emerges
Yen slides toward weakest level since 1980s After Japanese stock markets closed on Thursday, the yen depreciated sharply, breaching the 161 level against the dollar and later touching 161.80. This was the currency’s lowest level since July 2024. A move...
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Dollar Index Holds Near One-Year Highs on Hawkish Fed Outlook
Fed Signals Tighter Policy Bias The Federal Reserve kept interest rates unchanged at its latest policy meeting, as widely expected, but indicated growing support for tighter monetary policy later this year. According to the new projections, around half of Federal...
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Dollar steadies as Middle East tensions support weekly gains; rupee outperforms
Dollar holds firm on geopolitical risk and inflation concerns The dollar index and dollar index futures were little changed on Friday, yet both were poised for gains over the week. Heightened tensions in the Middle East, particularly around Iran, increased...
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Dollar Index Holds Above 99 as Middle East Tensions and Fed Outlook Shape Markets
Dollar Index Steadies Amid Geopolitical Uncertainty The dollar index remained above 99 on Wednesday, stabilizing after earlier swings driven by shifting sentiment around US-Iran relations and regional security risks. Market participants continued to assess the prospects of a peace agreement...
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Dollar Index Retreats as Prospects for US-Iran Deal Ease Inflation Concerns
Dollar Index Pulls Back from Six-Week Highs The dollar index eased to around 99 on Monday after reaching its highest level in six weeks last week. The earlier rally had been driven by increasing bets that the Federal Reserve may...
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