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Dollar at over two-month high, yen near 150/$ – Yahoo Finance

Written by Uncle Banerjee SINGAPORE (Reuters) – The U.S. dollar was at its highest in more than two months against major currencies on Tuesday, spurred by expectations that the Federal Reserve will cut interest rates modestly in the near term, while the yen was weaker than major currencies. The dollar is slowly approaching 150 yen. […]

Dollar Extends Weekly Gaining Trend as Traders Trim Fed Cut Bets – Yahoo Finance

(Bloomberg) — Traders are pushing the dollar toward a second straight week of gains as they anticipate a slowing pace of interest rate cuts by the U.S. Federal Reserve. Most Read Articles on Bloomberg The Bloomberg Dollar Spot Index rose 0.5% this week, even as some other central banks consider further monetary easing to support […]

Australian Dollar soft as a cautious market mood benefits the USD – FXStreet

The US dollar recovers amid the Middle East conflict. Last week's US NFP data tempered expectations for aggressive easing from the Fed. Minutes from the Reserve Bank of Australia's September policy meeting could stem the bleeding. AUD/USD fell 0.50% to 0.6765 on Monday, weighed down by a strong dollar and concerns over geopolitical tensions in […]