Dollar
USD/JPY Weekly Forecast: Dollar Bid Amid Hawkish Fed – Beragampengetahuan
US retail sales beat forecasts, rising 0.7% in March. Fed officials became more cautious about the timing of rate cuts. Ueda said the BoJ would hike rates if yen weakness leads to high inflation. The USD/JPY weekly forecast charts a bullish course, fueled by positive US data and fading expectations for Fed rate cuts. Ups […]
Strong dollar prompts Korean automakers to sell more cars abroad amid sluggish domestic sales – Beragampengetahuan
By Lee Min-hyung Carmakers here endeavor to boost exports to maximize their profitability from the strengthening dollar against the local currency, in a strategic move to offset falling domestic sales and slowing demand for electric vehicles (EV), according to data and company officials, Thursday. The export-driven growth strategy appears inevitable for most Korean manufacturers […]
NZ dollar slips as manufacturing softens – Beragampengetahuan
The New Zealand dollar is down sharply on Friday. In the North American session, NZD/USD is trading at 0.5956, down 0.68%. The US dollar has moved higher against the majors and NZD/USD has declined about 1% this week. NZ manufacturing PMI contracts for 13th straight month Manufacturing has been an Achilles heel for many of […]
US dollar modestly higher as sticky inflation persists, yen hits 34-year low By Reuters – Beragampengetahuan
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose moderately on Thursday in choppy trading, as weaker-than-expected March U.S. producer prices did not relieve concerns about persistent inflation which has reinforced the belief that the Federal Reserve will delay cutting interest rates this year. Fed officials who spoke on Thursday also repeated the need for […]
Week Ahead: Strong US Jobs Data Failed to Sustain Dollar Rally, Can the March CPI do Better? – Beragampengetahuan
The March US employment data were stronger than expected and lend support to the re-acceleration hypothesis and an extension of US exceptionalism. In Q1 24, nonfarm payrolls rose by an average of 276k. It was the strongest quarter in a year and compares with an average monthly job gain of about 251k in 2023. The […]
Dollar lower after US jobs data little changed, jawboning supports yen By Reuters – Beragampengetahuan
By Hannah Lang and Harry Robertson NEW YORK/LONDON (Reuters) -The U.S. dollar was down on Tuesday after earlier hitting its highest in almost five months, following a new report that showed U.S. job openings held steady at higher levels in February. The rose to 105.1 on Tuesday, its highest level since Nov. 14, adding to […]
Gold, Stocks, Bitcoin, US Dollar, Euro, Pound, Yen. What’s Ahead? – Beragampengetahuan
Most Read: Euro Outlook – Market Sentiment Signals for EUR/USD, EUR/GBP, EUR/JPY The first quarter of 2024 wrote a chapter in market history. Relentless AI hype propelled tech-heavy indices to dizzying new heights, with giants like Nvidia, Alphabet, and Microsoft riding the wave of investor euphoria. Additionally, expectations regarding Federal Reserve’s monetary policy outlook buoyed […]
US Dollar Technical Outlook Q2 – USD Remains Supported – Beragampengetahuan
US Dollar Basket (DXY) The generally accepted benchmark of US performance, the US dollar basket, has enjoyed a great start to the year. The dollar gained in strength as robust data reversed prior aggressive rate cut expectations. Price action received a late boost in March despite the Fed issuing a more dovish message and maintaining […]
Dollar soars with U.S. economy on solid ground; sterling slumps By beragampengetahuan.com – Beragampengetahuan
© Reuters beragampengetahuan.com – The U.S. dollar rose sharply in European trade Friday, after the surprise cut by the Swiss National Bank cast the Federal Reserve in a more hawkish light. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.4% higher at 104.085, […]
USD/CAD Price Analysis: Dollar Strengthens on Upbeat US Data – Beragampengetahuan
The dollar recovered after US economic data pointed to a strong economy. Data on Thursday revealed a drop in initial jobless claims from last week. Inflation in Canada fell more than expected in February. Friday’s USD/CAD price analysis points northward as the dollar rides high on positive US data. Meanwhile, the Canadian dollar is weaker […]