Category: weakens

  • USDJPY Technical Analysis – Fed “insider” Timiraos weakens the USD

    Basic Overview Yesterday, around 1:00 p.m. EST, Timeraus of the Wall Street Journal published an article that seemed to suggest that a 50 basis point rate cut was still under discussion. The market responded by raising the odds of a 50 basis point rate cut to around 43% from 13%…

  • Forexlive Americas FX news wrap: US dollar weakens after softer ADP but ISM services firms

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Forexlive Americas FX news wrap: US dollar weakens after softer ADP but ISM services firms

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Dollar edges higher ahead of key data; euro weakens on German inflation By Investing.com

    Investing.com – The U.S. dollar edged higher on Thursday, recovering from recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 101.182, after…

  • Asia FX weakens as dollar regains some ground; Aussie buoyed by sticky CPI By Investing.com

    Most Asian currencies fell on Wednesday as the dollar clawed back more recent losses, while the Australian dollar was an outlier as firm inflation data bolstered the case for a hawkish Federal Reserve. However, the US dollar’s ​​recovery was limited, as were losses in regional markets, as traders remained optimistic…

  • Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!

    the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…

  • Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!

    the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…

  • Asia FX weakens amid China trade jitters; yen rally stalls By Investing.com

    Most Asian currencies fell on Tuesday as concerns about a trade war over new Canadian tariffs on China mounted, while some weak inflation data held back the Japanese yen’s advance. The dollar’s ​​recovery from 13-month lows also weighed on regional markets, as rising geopolitical tensions in the Middle East, Libya…

  • Asia FX weakens as dollar recovers from 3 days of losses; rate cuts in focus By Investing.com

    Most Asian currencies fell on Thursday as the dollar rose from seven-month lows amid some cheap buying, although traders remained largely biased against the greenback amid expectations of interest rate cuts. The Japanese yen retreated after posting strong gains this week, although sentiment towards Japan was supported by positive PMI…

  • Ethereum Price Weakens: Can It Defend the $2,500 Level?

    Ethereum price started a downside correction from the $2,700 area. Now, Ethereum is consolidating and struggling to stay above the $2,500 support level. Ethereum started a bearish correction below the $2650 and $2620 levels. The price is trading below the $2650 level and the 100-hour simple moving average. There was…

  • Ethereum Price Weakens: Can It Defend the $2,500 Level?

    Ethereum price started a downside correction from the $2,700 area. Now, Ethereum is consolidating and struggling to stay above the $2,500 support level. Ethereum started a bearish correction below the $2650 and $2620 levels. The price is trading below the $2650 level and the 100-hour simple moving average. There was…

  • Shekel weakens following Haniyeh, Shukr killings

    The shekel has weakened significantly this morning, following the killing of Hezbollah commander Fuad Shukr in an Israeli airstrike in Beirut last night, and the killing of Hamas political leader Ismail Haniyeh in Tehran in the early hours of this morning, about which Israel has remained silent. The assassination of…

  • Asia FX weakens with yuan volatile, dollar steady ahead of PCE data By Investing.com

    Most Asian currencies moved in a flat-to-low range on Friday with the Chinese yuan volatile amid suspected intervention by the People’s Bank of China, while the dollar held steady ahead of key inflation data. Weak risk appetite has seen traders shun most regional currencies this week, while the Japanese yen…

  • Shekel weakens sharply after Nasdaq declines

    Over the past week the shekel fell by 0.6% against the US dollar, but in the past month it rose by 1.5%. The shekel is declining today against the US dollar and the euro. In afternoon interbank trading, the shekel rose against the dollar by 0.83% to NIS 3.657/USD, and…

  • Asia FX weakens as US-China uncertainty dents yuan, favors dollar By Investing.com

    Most Asian currencies fell on Friday as concerns about further trade tensions between the United States and China weighed on sentiment, with the dollar benefiting from safe-haven demand even as bets on interest rate cuts persisted. The dollar recovered some of its recent losses, rising 0.1 percent in Asian trade,…

  • Dollar strengthens after Trump shooting; Asia FX weakens By Investing.com

    Most Asian currencies were little changed on Monday, while the dollar received some safe-haven demand after the assassination attempt on former U.S. President Donald Trump over the weekend. Regional trading volumes were thin due to a Japanese market holiday. The yen also weakened slightly against the dollar, keeping markets on…

  • Asia FX weakens as yen volatility spurs caution; dollar dented by soft CPI By Investing.com

    Most Asian currencies fell slightly on Friday as traders turned cautious amid increased volatility in the Japanese yen, which raised speculation about whether the government had intervened in the markets. Losses in regional units were muted as the dollar held steady at a one-month low, after weaker-than-expected U.S. CPI inflation…

  • Asia FX muted as dollar weakens; euro steady as leftists lead French elections By Investing.com

    Most Asian currencies were little moved on Monday, with the dollar suffering sharp losses amid growing expectations of interest rate cuts, while the Japanese yen held firm on data showing a recovery in average wages. Elsewhere, European stocks steadied after French election results showed a left-wing coalition won the most…

  • Asia FX muted as dollar steadies ahead of rate cues; yen weakens further By Investing.com

    Most Asian currencies fell slightly on Tuesday as the dollar recovered from recent losses ahead of a series of interest rate signals, while the Japanese yen weakened further to territory not seen in 38 years. Regional currencies saw little support even as traders priced in increased chances of a Federal…

  • Japanese yen weakens, USDJPY hits 38-year high despite intervention fears By Investing.com

    Investing.com — The Japanese yen fell further on Thursday, with the USD/JPY pair rising to its highest points in 38 years while surpassing previous levels that traders believed would attract Japanese government intervention. The yen pair, which measures the number of yen needed to buy one dollar, rose to 160.81…