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By Hannah Lang NEW YORK (Reuters) -The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, offering...
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese authorities spent 9.79 trillion yen ($62.23 billion)intervening in the foreign exchange market to support the yen over the past month, in moves that...
Investing.com-- Tokyo consumer price index inflation grew as expected in May amid some pick-up in spending, but still remained around levels that spurred persistent doubts over the Bank of Japan’s...
By Hannah Lang NEW YORK (Reuters) -The dollar fell on Thursday after revised data showed that gross domestic product, the broadest measure of economic activity, grew at slower pace than previously...
By Hannah Lang NEW YORK (Reuters) -The dollar rose on Wednesday, boosted by higher U.S. bond yields ahead of key inflation data later in the week, and strengthened against the Japanese yen. The...
As we approach the second half of 2024, investors are keenly eyeing currency movements for indicators of how the forex market could shape up over the next few months. In this context, JPMorgan has...
Bank of America (BofA) released a report forecasting that Commodity Trading Advisors (CTAs), known as trend followers, are expected to sell the US dollar (USD) in significant amounts this week. The...
Investing.com -- On Tuesday, the US dollar edged lower despite short-dated US rates holding steady, influenced by a broader decline in cross-market volatility and a growing appetite for risk among...
TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned more about the negative aspects of the current weakness in the yen right now, reiterating Japan's warnings...
Investing.com-- A rally in Japan’s stock market stalled over the last two months, with the benchmark Nikkei 225 index remaining largely rangebound below record highs since March. Analysts at BoFA...
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