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Sterling Tanks Ahead of Bank of England Policy Meeting

The sterling recorded its largest weekly fall against the yen in a year, with the Japanese currency receiving a major boost after the country's central bank suggested that it would implement a change in monetary policy. On Friday, the sterling was slightly higher against...

Yen Strengthens as Investors Await News On Government Intervention

The yen strengthened against the U.S. dollar on Tuesday as markets braced to detect signs of Japanese government intervention in an effort to keep the yen strong. The dollar fell 0.18% on Tuesday morning to 144.44 yen, erasing part of its 0.27% gain from...

U.S. Dollar Strengthens Ahead of CPI Data

The dollar continued to hover around a five-week high against a range of major currencies on Monday as investors expect the Federal Reserve to continue its tight monetary policy for longer than was previously expected. Among those currencies that the dollar performed notably well against...

Dollar Remains Rooted to Seven-Month Low as Euro and Yen Gain Ground

The U.S. dollar fell to a seven-month low against a basket of major currencies on Monday while the euro and the Japanese yen appear to be strengthening. Investors are now awaiting the Bank of Japan's latest moves with regard to its yield control policy. While...

Dollar Hits Two-Week High as Yen Jumps to Seven-Month Peak

The U.S. dollar hit a two-week high on Tuesday, rising 0.9% to 104.55 in the dollar index which measures the greenback's performance against a basket of major world currencies. Investors' focus is firmly fixed on the minutes of the Federal Reserve's December meeting, which are...

U.S. Dollar Experiences Major Surge

Contrary to what you may have heard, the U.S. dollar is actually been thriving as of late. After seeing a relative decline in the last year, its now experiencing a surprising uptick, giving hope to Americans who were losing faith in their country's economy. In...