Dollar extends drop, still vulnerable after Fed By Reuters

[ad_1] © Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk LONDON (Reuters) -The U.S. dollar extended its decline on Monday, having fallen last week by the most since July after the Federal Reserve dialled down its hawkish rhetoric and U.S. data showed

US Dollar (DXY) Sell-Off Continues after US Treasury Yields Collapse

[ad_1] US Dollar Forecast – Prices, Charts, and Analysis Market traders now see 100bps of US rate cuts next year. Greenback trying to stem further losses. Recommended by Nick Cawley Get Your Free USD Forecast The US dollar is back at lows last seen six weeks ago after last week’s heavy sell-off. US Treasury yields

Aussie Dollar Looks to RBA for Guidance

[ad_1] AUD/USD ANALYSIS & TALKING POINTS Weaker US dollar propping up AUD after Friday’s NFP. RBA expected to hike rates by 25bps tomorrow. AUD/USD holding above key 0.65 support handle. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into key market

Dollar slips lower, continuing last week’s selloff By Investing.com

[ad_1] Investing.com – The U.S. dollar edged lower in early European trade Monday, falling to a six-week low and extending last week’s declines on the back of a less hawkish stance from the Federal Reserve.  At 03:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, edged

Asia FX gains, dollar at 6-week low as Fed pause bets soar By Investing.com

[ad_1] © Reuters. Investing.com– Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish signals from the Federal Reserve drove up bets that the bank was done raising interest rates. Focus now turns to key upcoming economic readings from China, as well as a

US dollar slides further as equities continue to sizzle

[ad_1] The US dollar is making fresh lows for the week as the stock market sizzles. The S&P 500 is up 1.1% and the Russell 2000 up 2.8% in a broad rally in risk assets after a jobs report that painted a benign picture of the economy. The market is now pricing in 98 bps

US Dollar dives due to falling US yields and soft labor market data

[ad_1] Share: The DXY sank towards 105.05, its lowest level since mid-September. US government bond yields are retreating, also standing at lows since September. Job creation decelerated in October in the US as well as Hourly Earnings, while the Unemployment Rate increased. The US Dollar (USD) witnessed a significant drop on Friday, with the

Canadian Dollar extends gains following risk-on market surge on US NFP data miss

[ad_1] Share: The Canadian Dollar is bounding higher, extending weekly gains. Canada Unemployment Rate missed forecasts, hampering CAD upside. CAD gains 17.5K jobs, entirely part-time employment; wage growth also lower. The Canadian Dollar (CAD) is seeing further upside against the US Dollar (USD) after a US Nonfarm Payrolls (NFP) report that came in

Dollar set to post weekly loss; Fed rate peak looms By Investing.com

[ad_1] © Reuters Investing.com – The U.S. dollar weakened in early European trade Friday, extending earlier losses as traders positioned for the end of the Federal Reserve’s rate-hiking cycle, although moves have been limited ahead of the release of key nonfarm payrolls data later in the session.  At 03:20 ET (07:20 GMT), the Dollar Index,