Asia FX sinks, dollar hits five-week high as U.S. inflation rises By Investing.com

© Reuters Investing.com — Most Asian currencies sank on Monday, while the dollar rose to a five-week high as a stronger-than-expected U.S. inflation reading drove up fears that the Federal Reserve could keep raising interest rates. Concerns over worsening economic conditions in China also kept sentiment towards Asian assets dim, especially amid reports of a

Russia’s rouble weakens past 100 per US dollar By Reuters

© Reuters. FILE PHOTO: Russian rouble and U.S. dollar banknotes are seen in this illustration photo taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo The Russian rouble fell past the psychologically key 100 per U.S. dollar threshold for the first time since March last year on Monday. President Vladimir Putin’s economic advisor said Russia was interested

US dollar drifts higher ahead of a light North American calendar

It’s something of a three-day trading week in North America with nothing notable on the economic calendar today or on Friday. That’s contrasted by a busy day tomorrow with US retail sales and Canadian CPI. The lone item of note today is the BOC senior loan officer survey at 10 am ET and that’s not

Kremlin blames loose monetary policy as rouble slides past 101 vs dollar By Reuters

© Reuters. FILE PHOTO: Sheets of the newly designed Russian 100-rouble banknotes are seen at the Goznak printing factory in Moscow, Russia July 6, 2022. Moscow News Agency/Handout via REUTERS MOSCOW (Reuters) -President Vladimir Putin’s economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its 30%

Yen drifts after breaching 2023 low, dollar gains By Reuters

© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The slipped on Monday to its lowest in the year against the dollar, breaching the key 145 level before regaining some ground as traders warily looked for

Japanese Yen Hits New Lows as US Dollar Flexes on Higher Treasury Yields

Japanese Yen, USD/JPY, US Dollar, Treasuries, JGBs, China, Commodities – Talking Points The Japanese Yen wilted today after the US Dollar resumed strengthening Treasury yields are outstripping JGBs today, adding to US Dollar lustre China’s outlook remains mired, impacting the region. Will that boost USD/JPY? Recommended by Daniel McCarthy Trading Forex News: The Strategy The

Australian Dollar Decline Pushes it to Bottom of the Range. Will AUD/USD Bounce?

Australian Dollar, AUD/USD, US Dollar, Treasuries, ACGB, RBA, Wages, Jobs – Talking Points The Australian Dollar is threatening to make new lows today Treasury yields have been supportive of the US Dollar AUD is trading at the foot of the range. Will AUD/USD find support? Trade Smarter – Sign up for the DailyFX Newsletter Receive

Dollar holds firm supported by economic data

Share: Next week, key events in the US include Retail Sales data and the release of the FOMC minutes. Market participants will also closely listen to comments from Fed officials as they prepare for the Jackson Hole Symposium. In the UK, inflation and employment data will be reported. The RBNZ will have its