Dollar rebounds on positive risk sentiment, weak Yen

Dollar rebounds on positive risk sentiment, weak Yen

USDJPY bulls are further encouraged by a weakening Japanese Yen following data that shows real wages declining for the 25th straight month in April, as domestic inflation in Japan continues to outpace wage growth. The data will make it harder for the Bank of Japan to normalise policy, as it hopes to lift the bank’s … Read more

‘Higher-for-longer’ rates policy to stay for rest of 2024

‘Higher-for-longer’ rates policy to stay for rest of 2024

Higher-for-longer interest rates are likely to remain central banks’ main strategy for the rest of the year, according to the CEO of a leading financial advisory and fintech firm.

Dollar loses recovery momentum, eyes on PMIs

Dollar loses recovery momentum, eyes on PMIs

The Dollar Index (DXY) entered a consolidation phase after reaching a weekly high near 105.00.

Dollar rebounds as focus shifts to March NFP

Dollar rebounds as focus shifts to March NFP

The US Dollar Index (DXY) continued to push lower on Thursday due to a negative shift in risk sentiment.