The euro rose on Monday despite French President Emmanuel Macron losing an absolute majority in the country’s parliamentary election, as the dollar retreated against its
Category: Forex News
Rouble hits fresh highs against dollar, euro
The Russian rouble hit three-week highs against the euro and U.S. dollar in volatile trading on Tuesday, continuing to climb despite recent interest rate cuts
Dollar stands tall as traders brace for Fed to go large
The U.S. dollar stood just below a 20-year peak on Tuesday and just about everything else nursed losses as investors braced for aggressive Federal Reserve
Yen falls to lowest level since 1998 as U.S. yields march higher
The yen tumbled to its lowest against the dollar in 24 years on Monday, as the gap between Japanese and U.S. benchmark yields widened after
U.S. says Switzerland exceeds currency thresholds, no manipulator tag
The U.S. Treasury Department on Friday said Switzerland continued to exceed its thresholds for possible currency manipulation under a 2015 U.S. trade law, but refrained
Dollar Up, Investors Looking to U.S. Inflation Data for Policy Cues
The dollar was up on Friday morning in Asia ahead of U.S. inflation data and after the European Central Bank (ECB) suggested future interest rate hikes. The U.S.
Euro to Slide if ECB Fails to Signal 50 Basis Point Rate Hike on Table
The European Central Bank is unlikely to spring a policy surprise when it delivers its monetary policy decision on Thursday, but the central bank will
Yen keeps sliding as Europe braces for rate hikes
The yen hit a fresh 20-year low versus the dollar on Wednesday and slipped to a seven-year trough against the euro as traders awaited a
Russian rouble steadies against dollar, stocks extend slide
The Russian rouble steadied against the dollar on Tuesday as market players gauged the impact of the latest round of Western sanctions against Moscow and
Euro edges higher as risk appetite picks up, focus on ECB meeting
The euro edged higher on Monday as risk appetite picked up while investors awaited a European Central Bank (ECB) policy meeting later this week. Asian