The U.S. dollar edged lower in early European trade Friday, on course to post a weekly loss on dovish signals from the Federal Reserve. At
Category: Forex News
Billionaire investor Ackman bets Hong Kong dollar peg can break
Billionaire investor Bill Ackman said he’s betting the Hong Kong dollar will fall and that its peg to the U.S. dollar can break, the latest
Dollar holds firm but on edge ahead of Fed minutes, kiwi rises
The U.S. dollar held firm on Wednesday, with investors on tenterhooks before the release of minutes of the Federal Reserve’s latest policy meeting which could
Dollar pauses climb; China COVID fears mount
The dollar retreated on Tuesday following an overnight rally that saw investors flocking to the safe-haven currency on worries over China’s COVID flare ups, though
Asia FX slammed by China COVID spike, Russia-Ukraine woes
Most Asian currencies slumped on Monday, with the yuan hit especially hard as China logged a record jump in daily COVID cases, while the dollar
Dollar’s days in doldrums may end in December as Fed likely to silence ‘pivoteers’
The dollar has been on the ropes since mid-October, but its wobble can be explained away by profit talking and could be nearing an end as soon
Dollar stabilizes after strong retail sales; sterling awaits Hunt’s speech
The U.S. dollar stabilized in early European trade Thursday, after early gains as strong U.S. retail data and hawkish comments by Federal Reserve officials cast
Dollar gains as U.S. spending points to rate hikes; Aussie tumbles
The dollar rebounded on Thursday as strong U.S. retail data cast doubt on the recent narrative that inflation is in retreat and U.S. interest rates
Argentina strikes $5 billion China currency swap extension
Argentina has agreed to expand its currency swap deal with China by $5 billion, the South American country’s President Alberto Fernandez said on Tuesday, a
Russian rouble firms near 60 vs dollar as tax period nears
The Russian rouble was trading higher on Monday, holding close to last week’s level of 60 against the U.S. dollar as domestic exporters prepared to