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Dollar

All articles tagged with #dollar

Dollar slips near two-week low as Fed bets fade and yen stays pressured
markets5 days ago

Dollar slips near two-week low as Fed bets fade and yen stays pressured

The U.S. dollar hovered near a two-week low as investors pared back bets on a Federal Reserve rate hike this year, while the yen remained near a 40-year trough amid ongoing intervention concerns. The dollar index was around 100.9, with EUR about $1.1435 and GBP near $1.335, and USD/JPY around 161.6. Analysts say intervention risk could spark volatility but is unlikely to reverse the broader trend, as markets await Fed minutes for clearer policy signals and monitor yen dynamics.

Yen sinks to 40-year low, sparking intervention chatter and market ripples
markets9 days ago

Yen sinks to 40-year low, sparking intervention chatter and market ripples

The Japanese yen dropped to its weakest level in about four decades against the U.S. dollar as traders bet the Fed will keep rates high amid an oil-price shock from the US-Israel-Iran conflict. The Bank of Japan’s still-lower rates help explain the gap, and Tokyo has intervened before, though the yen’s slide continues. A larger move could affect U.S. Treasuries, currency flows, and carry trades, with implications for Japan’s import costs and broader global markets.

Chip Rally Lifts U.S. Stocks Into Quarter-End Push
markets11 days ago

Chip Rally Lifts U.S. Stocks Into Quarter-End Push

U.S. stocks rose Tuesday with the Dow up about 0.1%, the S&P 500 up 0.3%, and the Nasdaq up 0.8% as chip shares led gains into the quarter’s end. Investors weighed a stronger dollar and falling oil against a backdrop of a Supreme Court ruling that preserves Fed independence and expectations for the June jobs report, while eyeing potential US-Iran talks in Qatar and Nike’s upcoming earnings.

Futures Hold Steady After Record Start as Markets Brace for Jobs Data
business11 days ago

Futures Hold Steady After Record Start as Markets Brace for Jobs Data

US stock futures paused after a record-setting start, with Dow futures near flat and S&P 500 and Nasdaq futures little changed as investors weigh an emerging oil glut, a stronger dollar, and upcoming data ahead of the June jobs report. Oil markets slid (Brent below $74, WTI under $71) as Hormuz flows show signs of recovery, while a Supreme Court ruling kept Federal Reserve independence intact for now and Nike is set to report earnings.

Dollar at Peak Strength? Signals of a Coming Turn
business11 days ago

Dollar at Peak Strength? Signals of a Coming Turn

Robin J Brooks argues that the dollar is currently at peak strength after the June 17 Fed meeting and Iran peace news, but positioning data show extreme long-dollar bets across major currencies, suggesting the move may be unsustainable; with oil falling and inflation contained, the Fed is unlikely to hike, implying the dollar should soften through the remainder of 2026 unless new shocks emerge.

China’s RMB expansion aims to loosen dollar grip, not topple it overnight
world12 days ago

China’s RMB expansion aims to loosen dollar grip, not topple it overnight

Beijing is methodically expanding offshore RMB, cross-border finance, and international market access to reduce dependence on the U.S. dollar and create alternative financial infrastructure, framed as a strategic upgrade in the 15th Five-Year Plan. While not a quick replacement of the dollar, the moves position China as a credible disruptor that could reshape global finance over time, prompting U.S. policymakers and Western markets to hedge against greater dollar diversification.

Gold Eyes $4,000 as Dollar Strength and Fed Outlook Pressure Silver
business16 days ago

Gold Eyes $4,000 as Dollar Strength and Fed Outlook Pressure Silver

Gold hovered near $3,998 and fell about 2.7% while silver dropped 6.5% to roughly $57.47 as a firmer dollar and hawkish Fed signals outweighed haven demand. Oil eased (Brent near $74) and the 10-year yield about 4.41%, with stocks mixed. Technicals show gold support around $3,950 and resistance at $4,000 then $4,350 (potential move to $4,500 on a sustained rally); silver faces resistance in the $60–72 zone with a path to $78.60 on the upside and key downside near $55–$45, respectively.}

Fed signals possible hikes later this year as markets retreat
markets23 days ago

Fed signals possible hikes later this year as markets retreat

U.S. stocks fell and Treasury yields rose after the Fed held rates steady but projected higher borrowing costs later this year, lifting the dollar. The Dow dropped about 525 points, the S&P 500 roughly 96 points, and the Nasdaq around 382 points, while the 10-year yield moved to about 4.47%. The dollar index also climbed, and oil prices edged higher. The report notes it was the first rate statement under new Fed Chair Warsh.

Gold Rises 2% on US–Iran Peace Framework Easing Inflation Fears
markets26 days ago

Gold Rises 2% on US–Iran Peace Framework Easing Inflation Fears

Gold jumped about 2% after officials announced a framework to end the US–Iran conflict, with spot gold around $4,304 per ounce and August futures up about 2%, as a softer dollar and lower oil prices reduced inflation worries and cooled bets on further U.S. rate hikes. Silver, platinum and palladium also gained, and analysts cautioned that gold’s strength will depend on how durable the peace deal proves to be.

Gold loses shine as rate hikes and a strong dollar temper its safe-haven appeal
markets27 days ago

Gold loses shine as rate hikes and a strong dollar temper its safe-haven appeal

Gold prices have cooled as elevated interest rates and a robust U.S. dollar offset demand for the metal as an inflation hedge, with inflation remaining stubborn and energy costs rising due to the Iran conflict helping push prices lower; analysts say higher rates—rather than safe-haven demand—are likely to dominate the gold outlook, and even a potential deal with Iran may take months to shift momentum.