Dollars

Dollar charged toward a 12-week winning streak

By Mercury 06-10-23 10:39

The dollar charged toward a 12-week winning streak on Friday, though it remained mostly rangebound as markets looked to U.S. nonfarm payrolls data later in the day for clues on whether the Federal Reserve’s hawkish messaging on rates will need tweaking.

Dollar steady

Buoyant dollar within striking distance of 150 yen

By Mercury 02-10-23 16:34

The dollar began the last quarter of the year in the ascendant on Monday due to prospects of U.S. interest rates staying higher for longer, and the yen’s slide to a near one-year low put traders on watch for intervention by Japanese authorities.

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