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Dollar soft on renewed Fed rate cut bets; yen on back foot

The dollar was a touch lower on Monday as a soft U.S. jobs report on Friday boosted wagers that the Federal Reserve may still cut rates multiple times this year, while the yen turned lower after last.

Yen weakens, paring sharp rise after suspected intervention

The yen dropped against the dollar on Thursday, reversing direction after a sudden surge late on Wednesday that traders and analysts were quick to attribute to intervention by Japanese authorities. . -May 02, 2024 at 03:55 am EDT - MarketScreener

Sterling gives back some Fed-inspired gains, eyes on local elections

The British pound slipped against the dollar, having risen the day before after the Federal Reserve s policy meeting, while investors were playing down the impact UK local elections on Thursday might.

Yen higher after suspected intervention

The yen gained on Thursday, following a sudden rally late on Wednesday that traders and analysts attributed to intervention by Japanese authorities, while the dollar was broadly lower before key jobs. -May 02, 2024 at 03:18 pm EDT - MarketScreener

Yen higher after suspected intervention

Yen higher after suspected intervention
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