[ad_1] © Reuters. The currency pair experienced a rebound from its weekly lows, trading higher near 0.5930 during the Asian session on Thursday, Nov 09, 2023. The rise was attributed primarily to a weakening US dollar rather than the impact of China’s mixed economic data. This data included a 0.2% yearly fall in October’s Consumer
[ad_1] Share: EUR/USD struggles to stay in the green zone amid weaker US Dollar. Combined technical indicators support a positive outlook for the pair. The pair could revisit the 1.0750 major level aligned to the weekly high at 1.0756. EUR/USD hovers around 1.0710 during the early European session on Thursday, struggling to continue
[ad_1] © Reuters. Investing.com– Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in the Japanese yen saw traders on edge over any government intervention. The dollar was steady in Asian trade, sticking to a recent rebound as Federal Reserve officials continued to offer hawkish signals
[ad_1] © Reuters The Bangladeshi Taka continues to depreciate against the US dollar, leading to heightened financial strain for businesses and economic repercussions. Today, the interbank exchange rate stands at Taka 111 per dollar, with some banks collecting remittances at rates up to Taka 117 per dollar, and open market trading at Taka 121 per
[ad_1] © Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk LONDON (Reuters) -The dollar’s rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door open to further rate hikes, as traders looked to a speech from
[ad_1] © Reuters On Tuesday, the Pakistani Rupee experienced depreciation against the US Dollar and the European Euro in both interbank trading and open market rates, as reported by the Foreign Exchange Association of Pakistan (FAP) and the State Bank of Pakistan (SBP). The Rupee closed at Rs 286.39 against the Dollar in interbank trading,
[ad_1] © Reuters. Investing.com – The U.S. dollar rose in early European trade Tuesday, rebounding from recent lows, while the Australian dollar slumped after the RBA hinted at the end of its cycle of rate hikes.. At 03:25 ET (08:25 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,
[ad_1] © Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell to a six-week low on Friday after data showed the world’s largest economy created fewer jobs
[ad_1] © Reuters. Despite the usual end-of-year softening, the strength of the dollar, bolstered by US macro outperformance and a hawkish stance from the Federal Reserve, is predicted to continue. The dollar has remained unaffected by a sell-off in Treasuries and increases in long-end curve rates. High US rates and an unorganized rise in US
[ad_1] Share: The key event during the Asian session will be the Reserve Bank of Australia meeting, with a rate hike expected. China will release important trade data. Later in the day, Eurostat will release the Producer Price Index. Here is what you need to know on Tuesday, November 7: The US Dollar
