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 Federal Reserve’s widely anticipated pivot to interest-rate cuts this week is likely to bolster emerging Asian market ...
The yen reached the highest level this year versus the dollar amid ... In the US, traders are boosting bets on a possible half-point Fed rate reduction next week after a Wall Street Journal report ...
Some short-term funds locked in profits ahead of the monetary policy decisions this week, while others are looking to ...
The Japanese yen climbed as much as 0.8% against the dollar on Wednesday, reflecting investors' belief that the Fed and BoJ are at different stages of their monetary policy cycles. When Japan's ...
On Friday, the Yen had gained for a fourth day in a row to touch 140.29 per USD, its highest since the end of December.
The yen surrendered some of its gains after having risen 2.73% last ... Against a basket of currencies, the dollar edged up 0.04% to 101.24. "The Fed finds itself at a crossroads," said Boris ...
Traders feared Japanese investors would bring money home as the yen carry-trade imploded. They were wrong.
World stocks neared record highs due to the Federal Reserve's significant interest rate cut. The yen eased after remarks from ...
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