Region: Asia Pacific
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Dollar roars toward 100 as Fed turns hawkish
Dollar surges as Fed turns hawkish, tariff headlines dominate. Powell signals steady hand, USD/SGD eyes 1.3000. Aussie pressured as CPI gives RBA “green light” to cut.
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Dollar climbs as US retail resilience fuels rally
US equities hit fresh highs as retail resilience shines. Aussie slips as jobless rate climbs. USD/CNH edges higher amid EU-China trade reset
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Robust US labor market outweigh concerns over higher yields
Greenback consolidates amid choppy FX markets. Fed policymakers’ top concern is inflation risk. US Treasury requests BoJ measures regarding Yen
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ECB delivered 25bps rate cut as expected
USD softens as risk sentiment wavers. China’s Services PMI shows resilience, but CNH unchanged. Greenback nears three-year lows ahead of jobs data.
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Dollar retreats on disappointing data
Dollar weaker on weak economic data. Contractionary US ISM Services, USD weaker. Aussie lower after GDP, but remains in the range.
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Dollar retreats as Fed may cut rates sooner fuel hopes
Trump confirms China meeting, risk sentiment improves. Fed Waller said the impact of tariffs is likely to occur in July. ECB Rehn says banks should continue cutting, EUR recovers.