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Markets 1 year ago
Euro rises after France's first-round vote, yen struggles
The euro rose on Monday after the first round of France's snap election put the far-right in pole position, though by a smaller margin than projected, while a downgrade to Japan's first-quarter growth figures knocked the yen lower.
Markets 1 year ago
US dollar bounces as strong jobs report likely delays Fed easing
The US dollar rebounded on Friday after data showed the world's largest economy created a lot more jobs than expected last month, suggesting that the Federal Reserve could take time in starting its easing cycle this year.
Markets 1 year ago
Asia rides Wall St rally, dollar sags on US inflation relief
Asian stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder US inflation report raised expectations the Federal Reserve will deliver at least two rate cuts this year.
Markets 1 year ago
Yen poised for best week in over a year; dollar awaits US jobs data
The yen was headed for its best week in more than a year on Friday, helped by Tokyo's suspected intervention this week to pull the Japanese currency away from 34-year lows, which also left the dollar broadly on the back foot.
