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USD-JPY-103114.jpg The Japanese yen weakened against the other major currencies in the Asian session on Friday after the Bank of Japan expanded its quantitative and qualitative easing unexpectedly. In a 5-4 vote, the Policy Board decided to raise the monetary base at an annual pace of about JPY 80 trillion. The earlier...

The dollar rallied for a second day in a row Thursday, approaching fresh highs against the euro and yen following yesterday's somewhat hawkish Federal Reserve statement. The Fed as expected ended its quantitative easing program after six years of unprecedented support for the U.S. economy. Policy...

The dollar surged back toward its highest in four years versus a basket of major rivals after the Federal Reserve ended its quantitative easing program and issued a relatively hawkish statement on future policy. As expected, the Fed slashing purchases of Treasurys and mortgage-back securities to zero...

The dollar was mixed Tuesday, giving back recent gains versus European rivals while pushing higher against the yen on increased risk appetite. Hopes for robust U.S. holiday sales and easing concerns about the European banking sector had markets in a relatively upbeat mood today, giving the beaten...

The dollar was generally weaker Monday, as traders geared up for this week's pivotal monetary policy announcement from the U.S. Federal Reserve. The Fed is widely expected to end its quantitative easing program while reiterating its pledge to keep interest rates exceedingly low for a "considerable...

The dollar weakened Friday, unable to sustain much direction over the course of the week amid uncertainty about the timing of a U.S. interest rate hike. The Federal Reserve may provide some clarity next Wednesday with the release of their latest monetary policy statement. Markets expect the Fed...

The dollar rose sharply versus the euro Wednesday amid signs of further strain in Europe's already fragile banking sector. A report from Spanish newswire EFE said as many as 11 banks from six different countries are about to fail the European Central Bank's comprehensive stress tests. The ECB...

USD-JPY-10214.jpg The U.S. dollar extended its early rally against most major counterparts on Wednesday, after consumer price inflation in the U.S. unexpectedly showed a modest increase in September, as the continued decline in energy prices were offset by higher prices for food and shelter. The Labor Department report...

The dollar was generally stronger Tuesday, pushing higher versus major European rivals on hopes the U.S. economy can withstand global headwinds. Upbeat corporate earnings and resiliency in the U.S. jobs market has renewed expectations the Federal Reserve will hike interest rates next spring, even...

The dollar was little changed on Friday, holding weekly losses against the euro and yen after a number of Federal Reserve officials said they preferred to hold down interest rates for the foreseeable future. St. Louis Federal Reserve Bank President James Bullard went even further Thursday, saying...

The dollar steadied Thursday after a pair of surprisingly upbeat economic reports re-kindled talk of an interest rate hike early next year. After days of data pointing to a slowdown in the global economy, markets finally received some encouraging news this morning as the Labor Department said U.S....

The dollar was significantly weaker Wednesday as U.S. stocks continued their sell-off on Wall Street amid growing fears of a global economic slowdown. A downbeat U.S. retail sales helped drive the dollar lower, as traders bet the Federal Reserve will delay an interest rate beyond next Spring. U.S....

USDJPY1-101514.jpg The U.S. dollar weakened versus major counterparts on Wednesday, after data showed that the nation's retail sales declined more than forecast in September, while producer prices fell unexpectedly, pushing back expectations of an early rate hike by the Federal Reserve. According to a report released...

The dollar rallied versus the euro Tuesday, moving back toward 2-year highs from earlier this month, amid more dismal economic news from Germany. The German government has slashed its growth forecasts for this year and next, citing numerous economic headwinds including sanctions on Russia and weaker...

The dollar wavered Monday amid mixed signals from Federal Reserve officials on the prospect of an interest rate hike early next year. Noted hawk Charles Plosser, a voting member on the policymaking Federal Open Market Committee, warned that the Fed's fixation on promoting employment via ultra-accommodative...