Dollar sitting pretty, yen bears wary of BOJ hawks

Quick Summary:

SYDNEY : The dollar was looking to extend its bull run on Monday as lofty Treasury yields and a more restrained outlook for U.S.rate cuts burnished its attractiveness, though the risk of intervention had caused a pullback against the yen.

The data calendar for the U.S.is light this week, but the UK, Japan and Canada all have important inflation reports due, while manufacturing surveys out late in the week will offer a clue to how sentiment is faring post the U.S.election.

A horde of European Central Bankers are also speaking this week and could sound more dovish given recent soft economic data and the risk of tariffs hitting EU trade.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeCanadaJapan

Topics: Treasury Japan Japanese Trump Rate Currency Cuts Markets Cent Week Dollar

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 07:12:26 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 688 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23642377

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 3 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions