Key Points
NEW YORK (Reuters) -The dollar fell against the euro on Thursday after the ECB kept rates steady even as it acknowledged cooling inflation, and the U.S. currency extended its decline against most other majors a day after Fed Chair Powell said the central bank still expects to cut rates later this year...
The European Central Bank kept borrowing costs at record highs on Thursday and stressed that, while inflation was easing faster than it anticipated only a few months ago, it was still not ready to lower rates...
Leaving its main interest rate unchanged at 4.0% as expected, the ECB tweaked its messaging slightly to reflect a continued fall in inflation over the past 1-1/2 years and new, lower economic projections...
The ECB message follows Federal Reserve Chair Jerome Powells remarks on Wednesday where he told lawmakers interest rate cuts were still likely in coming months but only if warranted by further evidence of falling inflation...
The yen has been under pressure for most of the past two years because of the gap between sub-zero Japanese interest rates and a global rise in rates, as other major central banks aggressively hiked interest rates to tame inflation...
You might be interested in
Dollar eases against euro as Fed rate cut outlook weighs
19, Dec, 23By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar eased against the euro on Monday, extending last week's fall, as the U.S. currency remains under pressure from the Federal Reserve last week
Dollar drifts as traders eye US inflation data; frail yen in focus
14, May, 24By Ankur Banerjee SINGAPORE (Reuters) - The dollar was steady on Tuesday as investors awaited an inflation report this week that will likely shape the U.S. rates outlook, while the yen was hovering
Yen gains on chance of imminent BOJ pivot; dollar broadly lower
07, Mar, 24By Rae Wee SINGAPORE (Reuters) -The yen scaled a one-month high against the dollar on Thursday, as growing speculation that the Bank of Japan (BOJ) could end negative interest rates as soon as this
Yen climbs on reports BoJ warming to rate rise, dollar heads to weekly drop
08, Mar, 24By Joice Alves LONDON (Reuters) -The yen rose to a fresh five-week high against the dollar on Friday after reports the Bank of Japan is warming to the idea of raising interest rates and considering a
Dollar slips after yen breaches key 150 level
04, Oct, 23By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -The U.S. currency fell sharply against the yen on Tuesday after briefly rising above the psychological 150-per-dollar level for first time
Dollar steady after CPI data bolsters Fed pause bets; yen nears 145
11, Aug, 23By Ankur Banerjee SINGAPORE (Reuters) - The dollar was steady on Friday as traders wagered that the Federal Reserve is done with rate hikes after data showed U.S. consumer prices increased moderately
Dollar near 7-1/2-month high versus yen as central bankers reaffirm policy divergence
29, Jun, 23By Kevin Buckland TOKYO (Reuters) - The U.S. dollar hovered near a 7-1/2-month high against the Japanese yen after the heads of the respective central banks reaffirmed the stark divergence in their
Dollar strengthens after ECB conference, yen stays soft
29, Jun, 23By Chuck Mikolajczak NEW YORK (Reuters) - The dollar index rose on Wednesday following comments from a host of global central bank leaders, including Federal Reserve Chair Jerome Powell, who did not
Dollar braces for US inflation reading, yen jumps on BOJ comments
29, Feb, 24By Tom Westbrook SINGAPORE (Reuters) -The dollar tracked toward monthly gains on Thursday ahead of highly-anticipated inflation data that could ruffle the interest rate outlook, while the sliding yen
Dollar gains as inflation data looms; yen on intervention watch
28, Mar, 24By Brigid Riley and Alun John TOKYO/LONDON (Reuters) -The dollar gained on the euro and pound on Thursday after a U.S. Federal Reserve policy maker said he wasn't in a hurry to cut rates, while