# report: Dollar struggles to gain footing in thin trade; yen steady - The Economic Times

> The dollar struggled to find a floor in holiday-thinned trading on December 26 as US inflation signs pointed to possible Federal Reserve rate cuts next year. The yen held near a five-month peak on expectations that the BOJ could end its ultra-easy policy. The euro, sterling and Australian and New Zealand dollars were little changed.

- Date: 2023-12-26 · published 2023-12-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/32958-report-dollar-struggles-to-gain-footing-in-thin-trade-yen-steady-the-economic
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar tends to support dollar-denominated grain and meal prices, but thin holiday trade limits the signal for feed markets.

## Read by commodity

- DXY: bearish ▼

## Sources

- economictimes.indiatimes.com: https://economictimes.indiatimes.com/markets/forex/dollar-struggles-to-gain-footing-in-thin-trade-yen-steady/articleshow/106277462.cms

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.