foreign-currency
Top StoriesDollar Steady at 5-week Peak as Fed Rate Cut Bets Tempered
Top StoriesDollar Little Changed on Mlk Day, Sterling Slides in Risk-Off Trading
Top StoriesYuan Slides After Pboc, Dollar Little Changed on Mlk Day
Top StoriesDollar Dips After Soft US Inflation Data, Aussie, New Zealand Dollars Outperform
Dollar Gains on Yen, Bitcoin Slides After Sec Hack
Date: January 10, 2024
Dollar gains on yen, Bitcoin slides after SEC hack By Karen Brettell NEW YORK (Reuters) – The dollar gained on the yen but edged lower against the euro on Wednesday as investors waited on U.S. inflation data due on Thursday for fresh clues on when the Federal Reserve is likely to begin cutting interest rates....
Sterling Steady but Set for 5% Rally in 2023
Date: December 27, 2023
Sterling steady but set for 5% rally in 2023 By Harry Robertson LONDON (Reuters) – The pound was little changed in subdued trading on Wednesday but remained on track to be one of the best performing currencies in 2023. Sterling was last down 0.06% at $1.2716, off a four-month high of $1.279 touched earlier in...
Dollar Touches Five-Month Low on Rate Cut Hopes in Thin Market
Date: December 27, 2023
Dollar touches five-month low on rate cut hopes in thin market By Samuel Indyk and Ankur Banerjee LONDON (Reuters) -The dollar slipped to a five-month low on Wednesday and the euro touched a four-month peak on expectations that the Federal Reserve could soon cut interest rates, but thin year-end trading flows limited moves. With many...
Dollar Finds Feet as US Inflation Test Looms
Date: December 22, 2023
Dollar finds feet as US inflation test looms By Rae Wee SINGAPORE (Reuters) -The dollar stabilised above a more than four-month low on Friday, with a key U.S. inflation gauge due later in the day that could offer clarity on how much room the Federal Reserve has to cut interest rates next year. The greenback...
Yen Holds Ground Ahead of Key BOJ Test; Dollar Slips
Date: December 18, 2023
Yen holds ground ahead of key BOJ test; dollar slips By Amanda Cooper LONDON (Reuters) -The yen stood firm on Monday as the Bank of Japan (BOJ) kicked off a two-day meeting that could be crucial in determining the timing of the end of the central bank’s ultra-loose stance on interest rates. The recent burst...
Dollar Gains Back Ground on Rate Bets; Bitcoin Breaches $42,000
Date: December 4, 2023
Dollar gains back ground on rate bets; bitcoin breaches $42,000 By Hannah Lang and Harry Robertson WASHINGTON/LONDON (Reuters) – The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the U.S. Federal Reserve will soon be cutting interest rates, while bitcoin breached $42,000 for the first time...