Forex Today: DXY hits two-decade peaks near 104.00 as yen experiences post-dovish BoJ collapse

Indeed, both of these hikes pale in comparison to the 50 bps move expected from the Fed at not only next week’s meeting, but also the next few. CAD was the only major G10 currency not to succumb to the US dollar’s advances on Thursday. USD/CAD reversed back from earlier session highs near 1.2900 back to trading a tad lower on the day near 1.2800 amid a surge inInformation on these pages contains forward-looking statements that involve risks and uncertainties.

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