Welcome Guest! | World Time






New York


Japanese yen strengthens sharply as BOJ member calls for policy overhaul

Thursday,   29-Feb-2024   10:46 (IST)

The Japanese yen strengthened sharply against the dollar on Thursday, crossing key levels after a Bank of Japan member called for an overhaul to the bank’s ultra-dovish policy, including an exit from yield curve control and negative interest rates. The yen jumped 0.5% to 149.87 to the dollar, recovering swiftly from the 150 level it had maintained against the greenback for nearly a month. BOJ board member Hajime Takata said on Thursday that the central bank must consider an exit from its ultra-loose policy, flagging increasing prospects for inflation achieving the BOJ’s 2% annual t...

Dollar braces for US inflation reading, yen gains on BOJ comments

Thursday,   29-Feb-2024   09:56 (IST)

The U.S. dollar held firm on Thursday in the lead up to U.S. inflation data that could ruffle the interest rate outlook, while the yen found its footing after comments from Bank of Japan official hint...

Dollar firms before key inflation data, kiwi sinks as RBNZ holds rates

Wednesday,   28-Feb-2024   03:31 (IST)

The dollar firmed up on Wednesday as markets awaited a raft of global inflation data for clues on when central banks may start easing policy, while the New Zealand dollar tumbled after its central ban...

Dollar firms, euro slips ahead of key inflation data

Wednesday,   28-Feb-2024   02:20 (IST)

The U.S. dollar firmed in early European trade Wednesday, shrugging off signs of U.S. economic weakness ahead of the release of this week’s key inflation data as traders look for clues as to whe...

Asia FX dips before more inflation cues; Kiwi slides on less hawkish RBNZ

Wednesday,   28-Feb-2024   10:46 (IST)

Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar strengthened as markets positioned for more cues on the U.S. economy and interest rates due later in the week. The New...

Dollar firm with eyes on PCE data, kiwi drops as RBNZ holds rates

Wednesday,   28-Feb-2024   08:15 (IST)

The U.S. dollar held steady as traders brushed off manufactured goods data overnight and awaited the Federal Reserve's preferred measure of inflation for clues on when the U.S. central bank may st...

Dollar struggles for direction, yen rises after data

Tuesday,   27-Feb-2024   03:35 (IST)

The dollar struggled for direction on Tuesday ahead of key data that could provide further clues on the U.S. Federal Reserve's policy path, while the yen rose after figures confirmed inflation was...

Sterling bulls take a breather, for now

Tuesday,   27-Feb-2024   03:34 (IST)

Speculators have trimmed their bullish positions in the pound for the first time in eight weeks, suggesting that they may be on the hunt for a new catalyst to give the currency a bit of fresh pep. Wee...

Asia FX firms as dollar eases; yen buoyed by sticky inflation

Tuesday,   27-Feb-2024   10:56 (IST)

Most Asian currencies rose slightly on Tuesday, taking some relief from mild declines in the dollar before a key inflation reading which is set to offer more cues on U.S. interest rates this week. Sti...

Dollar droops as key US data looms; yen firms on CPI beat

Tuesday,   27-Feb-2024   08:27 (IST)

The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest ra...