foreign-currency
Top StoriesChina’s State Banks Seen Selling Dollars Offshore to Slow Yuan Drop – Sources
Top StoriesDollar Holds Firm Ahead of U.S. Durable Goods, Housing Data
Top StoriesAussie Jumps on Rba Hike, U.S. Dollar Steady
Top StoriesDollar Rises as U.S. Debt Bill Passes House, Euro Slides Ahead of Inflation
Dollar Nudges Lower as U.S. Debt Ceiling Deal Dents Safe-Haven Appeal
Date: May 29, 2023
Dollar nudges lower as U.S. debt ceiling deal dents safe-haven appeal By Dhara Ranasinghe LONDON (Reuters) -The dollar nudged lower on Monday, pulling back from six-month peaks against the yen as a U.S. debt ceiling deal lifted risk appetite across world markets and dented the greenback’s safe-haven appeal. U.S. President Joe Biden on Sunday finalised...
Dollar Set for Third Week of Gains as US Debt Talks Loom Large
Date: May 26, 2023
Dollar set for third week of gains as US debt talks loom large By Iain Withers LONDON (Reuters) – The dollar eased on Friday but stayed on track for a third straight weekly gain, as markets raised bets on higher-for-longer interest rates to curb sticky inflation and nervously awaited resolution of last-ditch talks on the...
Dollar Higher as U.S. Debt Ceiling Concerns Keep Traders Nervous
Date: May 23, 2023
Dollar higher as U.S. debt ceiling concerns keep traders nervous By Karen Brettell and Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar hit a two-month high against a basket of currencies on Tuesday as a lack of progress in talks over increasing the U.S. debt limit hurt investors’ appetite for risk-taking. Representatives of...
Dollar Eases Before Inflation Data, With Nagging Worries Over Debt Ceiling Impasse
Date: May 10, 2023
Dollar eases before inflation data, with nagging worries over debt ceiling impasse By Rae Wee SINGAPORE (Reuters) – The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers failed to break a deadlock on the debt ceiling crisis, though currency moves were marginal amid caution ahead of U.S. inflation data later...
U.S. Dollar Struggles, Pound Hits One-Year High
Date: May 8, 2023
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peers on Monday, as traders wait for the Federal Reserve to acknowledge an end to its hiking cycle while trying to hedge the risk of potential recession. The dollar index, which measures the currency against...
Dollar Dips as Job Openings Fall, Fed Meeting in Focus
Date: May 3, 2023
Dollar dips as job openings fall, Fed meeting in focus By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job openings fell in March, a day before the Federal Reserve is expected to hike interest rates by an additional 25 basis points. U.S. job openings fell for a...