The Latest Breaking News from BOJ

Japan Inflation Rises Slightly To 2.6% In June

Japanese inflation was slightly higher in June, with prices rising 2.6 percent on-year compared with 2.5 percent in May, internal affairs ministry data showed Friday.

International Business Times · Jul 19, 2024

Dollar Climbs as Lagarde Comments Hammer the Euro

The dollar index (DXY00 ) Thursday rose by +0.42% on support from higher T-note yields. Gains in the dollar accelerated after the euro tumbled when ECB President Lagarde said risks to the economic outlook are tilted to the downside. Thursday’s US economic news was mixed for the dollar. Weekly jobless...

Barchart · Jul 18, 2024

Dollar Firms on Higher T-Note Yields and Euro Weakness

The dollar index (DXY00 ) today is up by +0.25% on strength in T-note yields. Gains in the dollar accelerated after the euro fell when ECB President Lagarde said risks to the economic outlook are tilted to the downside. Today’s US economic news was mixed for the dollar. Weekly jobless...

Barchart · Jul 18, 2024

Dollar Slides on Improved Fed Rate Cut Prospects

The dollar index (DXY00 ) Friday fell by -0.33% and posted a 5-week low. Friday’s rally in the S&P 500 to a new all-time high curbed liquidity demand for the dollar. The dollar was also undercut after the University of Michigan’s US consumer sentiment index unexpectedly fell to an 8-month...

Barchart · Jul 12, 2024

Dollar Weakens as Stocks Recover and US Consumer Sentiment Falls

The dollar index (DXY00 ) today is down by -0.23%. The dollar today is moderately lower and holding above Thursday’s 1-month low. A rebound in stocks today from Thursday’s losses has curbed liquidity demand for the dollar. The dollar was also undercut after the University of Michigan’s US consumer sentiment...

Barchart · Jul 12, 2024

Dollar Falls as Dovish US CPI Report Bolsters Rate Cut Hopes

The dollar index (DXY00 ) Thursday fell by -0.58% and posted a 1-month low. The dollar retreated Thursday after the weaker-than-expected US June CPI report bolstered speculation the Fed will be able to cut interest rates this year. Also, dovish comments Thursday from San Francisco Fed President Daly weighed on...

Barchart · Jul 11, 2024

Dollar Sinks as Weak US CPI Report Puts Rate Cuts in Play

The dollar index (DXY00 ) today is down by -0.73% at a 1-month low. The dollar retreated today after the weaker-than-expected US June CPI report bolstered speculation the Fed will be able to cut interest rates this year. Also, today’s s rally in the S&P 500 to a new record...

Barchart · Jul 11, 2024

Dollar Slightly Lower Ahead of US Jun CPI Report

The dollar index (DXY00 ) Wednesday fell by -0.07%. The dollar weakened Wednesday as strength in stocks reduced liquidity demand for the dollar. Also, a decline in T-note yields Wednesday weighed on the dollar. Losses in the dollar were limited due to hawkish comments from Fed Chair Powell. Fed Chair...

Barchart · Jul 10, 2024

Dollar Slips with Lower T-note Yields and Rising Stocks

The dollar index (DXY00 ) today is down by -0.08% as strength in stocks has reduced liquidity demand for the dollar. Also, a decline in T-note yields today is weighing on the dollar. The markets are discounting the chances for a -25 bp rate cut at 5% for the July...

Barchart · Jul 10, 2024

S&P Futures Tick Higher Ahead of Powell’s Testimony, U.S. Inflation Data and Earnings Awaited

September S&P 500 E-Mini futures (ESU24) are trending up +0.15% this morning as investors looked ahead to further testimony from Federal Reserve Chair Jerome Powell while also bracing for Thursday’s release of a key U.S. inflation report as well as the start of the earnings season.

Barchart · Jul 10, 2024