Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the third straight session and plumbing a three-week trough as US treasury yields lose ground as well. The dollar is heading for the worst weekly loss since March especially if the US payrolls report missed the mark today. The Index The dollar index fell...

Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the fourth straight session and approaching three-week lows as US 10-year treasury yields declined. Recent disappointing US labor data boosted the odds of two Fed interest rate cuts this year and in turn hurt the standing of the dollar. The odds of US interest...

Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight session against the dollar and scaling a three-week high away from recentt 34-year lows amid active short-covering. The yen is heading for the largest weekly profit since November 2022 as Japanese authorities intervened to support the local currency after slumping below the 160 barrier...

US Dollar Slumps After NFPs Miss Expectations, US Equities Bid US NFPs print at 175k vs. forecasts of 243k.US dollar slumps as rate cut expectations improve. Recommended by Nick Cawley Get Your Free USD Forecast For all economic data releases and events see the DailyFX Economic Calendar The latest US Jobs Report showed hiring slowed in April with just 175k...