Dollar rises to fresh one-year high vs battered yen By Reuters

© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Dhara Ranasinghe LONDON (Reuters) – The dollar climbed to its highest levels in over a year against the Japanese yen on Monday, supported by a scaling back of

AUD/NZD closes out the week near 1.0840 as Aussie steps over battered Kiwi

Share: The AUD/NZD saw firm gains on the week, Aussie gains nearly 1.3% from Monday opening bell. Kiwi drastically underperforms its closest neighbor, gives up most of its gains from September’s late jump. Aussie touched a fresh one-month high ahead of Friday’s market close. The AUD/NZD finished up a strong trading week with

US Dollar races higher as it outpaces battered Euro

Share: The US Dollar is in the green and is set for weekly gains. ECB Lagarde dropped the ball and the Euro got punished.  The US Dollar Index stronger as PPI and Retail sales surprise to the upside. The US Dollar (USD) firmly above 105 in the US Dollarindex (DXY) and has the

Battered Euro May Be in for More Pain

EUR/USD ANALYSIS EZ CPI report shows softening headline inflation with core remaining sticky. Jackson Hole in focus next week. Bears stalk key support zone. Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL BACKDROP The euro extended its slide downward this Friday after euro area inflation (see economic calendar below) showed marginal signs

Dollar’s decline throws spotlight on battered commodity currencies By Reuters

© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration By Saqib Iqbal Ahmed NEW YORK (Reuters) – Some investors are zeroing in on the battered currencies of commodity-producing countries such as Norway and Australia to take advantage of more potential weakness in the dollar, which