Dollar Tentative, Yen Dips on Muddled Fed Rate-Cut Outlook
"While more substantial cuts through year-end are possible should data deteriorate, our baseline remains for a 25 bps rate cut in September, with easing at this pace also likely to occur in November and December," said David Doyle, head of economics at Macquarie.
Some short-term funds locked in profits ahead of the monetary policy decisions this week, while others are looking to ...
The Japanese yen climbed as much as 0.8% against the dollar on Wednesday, reflecting investors' belief that the Fed and BoJ are at different stages of their monetary policy cycles. When Japan's ...
The government also reiterated concerns about the weak Yen, reportedly stating ... Economists predict the Fed will leave interest rates unchanged, putting the FOMC press conference under ...
The Japanese Yen appreciates following the speech from the BoJ Governor Kazuo Ueda. Japan’s National CPI rose by 2.8% YoY in July, remaining at its highest level since February. Fed Chair Powell ...
The yen surrendered some of its gains after having risen 2.73% last ... Against a basket of currencies, the dollar edged up 0.04% to 101.24. "The Fed finds itself at a crossroads," said Boris ...
World stocks neared record highs due to the Federal Reserve's significant interest rate cut. The yen eased after remarks from ...
Traders feared Japanese investors would bring money home as the yen carry-trade imploded. They were wrong.
It was left to the Bank of Japan (BOJ) to end "central banker week" by doing nothing on rates, though it did bring the yen ...
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