The U.S. dollar was headed for its worst week since early February versus major peers on Friday, as some of the heat faded from the
Category: Forex News
Russian rouble returns to gains as tax payments loom
The Russian rouble firmed past 63 against the dollar on Thursday, propped up by capital controls as well as looming tax payments that usually require
Rouble dips against dollar after Russia eases capital controls
The Russian rouble weakened against the dollar on Wednesday but steadied not far from a five-year high against the euro, after losing the support of
Dollar Stable; Safe Haven Remains Near 20-Year High
The U.S. dollar held firm in early European trade Monday, just off a 20-year high as traders sought out this safe haven amid concerns of
Central African bank regulator reminds states of crypto ban
Central Africa’s regional banking regulator sent out a reminder on Friday about its ban on cryptocurrencies, weeks after the Central African Republic, a member state,
Euro falls back towards 2017 lows on Russian energy crisis
The euro hovered near its weakest point since early 2017 on Friday after Russian sanctions led to disruptions in gas supplies to Europe, renewing fears
Dollar Strengthens After CPI; Sterling Hit by GDP Release
The U.S. dollar strengthened in early European trade Thursday to a new two-decade high after U.S. inflation remained stubbornly high, while sterling weakened on disappointing
Dollar clings to 20-year high ahead of U.S. inflation data
The dollar held close to a two-decade high on Wednesday as investors waited for fresh U.S. inflation data to anticipate how aggressively the Federal Reserve
Commodity currencies pressure eases as stocks rebound
The Norwegian crown and the Australian dollar recovered some ground on Tuesday after hitting their lowest levels in nearly two years against the U.S. dollar,
EU Should Seize Russian Forex Reserves, Says Bloc’s Top Diplomat
The European Union should seize Russia’s foreign exchange reserves to pay for the reconstruction of Ukraine, the EU’s top diplomat said in an interview published