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Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking forex news as well as relevant financial developments.
By Medha Singh (Reuters) – The pound hovered close to three-month lows towards a stronger greenback on Wednesday, after a pointy fall within the earlier session following information that confirmed inflation was easing within the UK. Sterling dipped 0.1% to…
By Chibuike Oguh NEW YORK (Reuters) -The U.S. greenback superior to one-year excessive towards main currencies on Wednesday powered by so-called Trump trades and after U.S. inflation for October got here in as anticipated, suggesting the Federal Reserve will proceed…
Investing.com– Most Asian currencies weakened on Thursday, whereas the greenback rose to a one-year excessive on knowledge exhibiting continued stickiness in U.S. inflation, with focus now turning to an upcoming handle by Federal Reserve Chair Jerome Powell. Sentiment in direction…
By John Biju and Sameer Manekar (Reuters) – Buyers sharply ramped up their quick bets on Asian currencies and turned bearish on the Singapore greenback for the primary time since early July on rising considerations that the U.S. President-elect Donald…
Why is the euro falling and will it hit $1?
Investing.com – The U.S. greenback pushed additional greater Thursday, climbing to a one-year peak after shopper inflation knowledge raised doubts over the extent of Fed rate of interest cuts, whereas Donald Trump began filling the important thing positions in his…
LONDON (Reuters) – The pound dropped to its lowest in opposition to the greenback since early July on Thursday, brushed apart by the U.S. forex’s relentless rise following Donald Trump’s U.S. election victory. These developments are swamping British information for…
UBS raises USD/JPY forecast, says one other bounce to 160 is feasible
By Chibuike Oguh and Alun John NEW YORK (Reuters) – The U.S. greenback strengthened towards main friends on Thursday, buying and selling at a one-year excessive and headed for a fifth straight session of features, propelled by market expectations since…
By David Lawder WASHINGTON (Reuters) -No main U.S. buying and selling associate manipulated its foreign money within the 12 months to June 30, the Treasury Division stated on Thursday within the Biden administration’s closing semi-annual foreign money report earlier than…
