US Dollar stretches higher ahead of mid-tier data releases

The post US Dollar stretches higher ahead of mid-tier data releases appeared on BitcoinEthereumNews.com. Here is what you need to know on Thursday, May 1: The US Dollar (USD) continues to gather strength against its rivals early Thursday, with the USD Index advancing to a two-week-high above 100.00. The US economic calendar will feature Challenger Jobs Cuts and ISM Manufacturing PMI data for April, alongside the weekly Initial Jobless Claims. European markets will remain closed in observance of the Labor Day holiday. US Dollar PRICE This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the Euro. USD EUR GBP JPY CAD AUD NZD CHF USD 0.57% 0.13% 0.52% -0.41% 0.16% 0.54% -0.19% EUR -0.57% -0.49% -0.02% -0.99% -0.51% -0.04% -0.77% GBP -0.13% 0.49% 0.44% -0.49% -0.04% 0.45% -0.28% JPY -0.52% 0.02% -0.44% -0.93% -0.36% -1.41% -0.48% CAD 0.41% 0.99% 0.49% 0.93% 0.45% 0.95% 0.23% AUD -0.16% 0.51% 0.04% 0.36% -0.45% 0.49% -0.26% NZD -0.54% 0.04% -0.45% 1.41% -0.95% -0.49% -0.73% CHF 0.19% 0.77% 0.28% 0.48% -0.23% 0.26% 0.73% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). The Bank of Japan announced on Thursday that it left the short-term interest rate target unchanged in the range of 0.40%- 0.50%. In the post-meeting press conference, BoJ Governor Kazuo Ueda noted that the uncertainty surrounding the Japanese outlook heightened sharply due to the US’ trade policies. Ueda reiterated that they will keep raising rates if the economy and prices move in line with their…

May 1, 2025 - 14:00
 0  0
US Dollar stretches higher ahead of mid-tier data releases

The post US Dollar stretches higher ahead of mid-tier data releases appeared on BitcoinEthereumNews.com.

Here is what you need to know on Thursday, May 1: The US Dollar (USD) continues to gather strength against its rivals early Thursday, with the USD Index advancing to a two-week-high above 100.00. The US economic calendar will feature Challenger Jobs Cuts and ISM Manufacturing PMI data for April, alongside the weekly Initial Jobless Claims. European markets will remain closed in observance of the Labor Day holiday. US Dollar PRICE This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the Euro. USD EUR GBP JPY CAD AUD NZD CHF USD 0.57% 0.13% 0.52% -0.41% 0.16% 0.54% -0.19% EUR -0.57% -0.49% -0.02% -0.99% -0.51% -0.04% -0.77% GBP -0.13% 0.49% 0.44% -0.49% -0.04% 0.45% -0.28% JPY -0.52% 0.02% -0.44% -0.93% -0.36% -1.41% -0.48% CAD 0.41% 0.99% 0.49% 0.93% 0.45% 0.95% 0.23% AUD -0.16% 0.51% 0.04% 0.36% -0.45% 0.49% -0.26% NZD -0.54% 0.04% -0.45% 1.41% -0.95% -0.49% -0.73% CHF 0.19% 0.77% 0.28% 0.48% -0.23% 0.26% 0.73% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). The Bank of Japan announced on Thursday that it left the short-term interest rate target unchanged in the range of 0.40%- 0.50%. In the post-meeting press conference, BoJ Governor Kazuo Ueda noted that the uncertainty surrounding the Japanese outlook heightened sharply due to the US’ trade policies. Ueda reiterated that they will keep raising rates if the economy and prices move in line with their…

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