© Reuters. Investing.com — Most Asian currencies strengthened on Tuesday, while the dollar retreated from near three-month highs as investors trimmed some positions before a slew of key economic readings this week. Fears of higher U.S. interest rates spurred a six-week rally in the greenback, following strong inflation and jobs data and as the Federal
© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Tuesday, retreating from near three-month highs ahead of the release of a slew of key economic data this week. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 103.907,
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was subdued on Tuesday as traders resisted placing large bets ahead of a slew of economic data this week, while the yen languished near levels that triggered
Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast Wall Street gained for the second straight day (DJIA +0.62%; S&P 500 +0.63%; Nasdaq +0.84%), as US Treasury yields took a breather despite a hawkish takeaway from the Jackson Hole Symposium. Both the US 2-year and 10-year yields cooled by around 5 basis-point
Australian Dollar Vs US Dollar, New Zealand Dollar, Japanese Yen – Price Setups: Tentative signs of stabilization in AUD/USD’s recent slide. AUD/NZD has rebounded from key support; AUD/JPY is flirting with key resistance. What is the outlook for key AUD crosses? Recommended by Manish Jaradi Trading Forex News: The Strategy The Australian dollar is looking
Australian Dollar, AUD/USD, China, HSI, CSI 300, BoJ, Ueda, USD/JPY, Euro – Talking Points The Australian Dollar nudged north on Monday on improving risk appetite China cut the cost of transacting on stocks but then put the brakes on its IPO market With Jackson Hole out of the way, markets might look to the data
© Reuters. Investing.com — Most Asian currencies moved little on Monday as markets weighed hawkish yet somewhat reiterative comments on monetary policy from the Federal Reserve, while the dollar retained recent gains and came close to a three-month high. Fed Chair Jerome Powell on Friday warned that U.S. interest rates could still rise further to
© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Ankur Banerjee SINGAPORE (Reuters) – The dollar eased from a 12-week peak on Monday as traders weighed the U.S. monetary path after Fed Chair Jerome Powell left open the possibility of further interest rate increases, while the
US Dollar Vs Euro, British Pound, Australian Dollar – Outlook: The DXY Index (USD index) is testing key resistance after Powell warned of more tightening. Broader picture of USD rally fatigue remains intact ahead of key US data this week. What is the outlook and the key levels to watch for EUR/USD, GBP/USD, and AUD/USD?
Recommended by Daniel Dubrovsky Get Your Free Gold Forecast The US Dollar mostly outperformed against its major counterparts this past week. The British Pound, Euro and Canadian Dollars were some of the worst-performing majors while the Chinese Yuan and Australian Dollar fared better. Taking a look at commodities, gold performed well while crude oil prices
