Asia FX falls on weak Chinese trade data, dollar strengthens By Investing.com

[ad_1] © Reuters. Investing.com — Most Asian currencies fell on Tuesday as disappointing Chinese trade figures weighed on sentiment, while the dollar advanced amid uncertainty over the Federal Reserve and anticipation of key inflation readings this week. Government data showed that both Chinese and shrank at their fastest pace since the 2020 COVID-19 pandemic, pointing

USD/MXN advances amid global risk-aversion and strong US Dollar

[ad_1] Share: USD/MXN rises 0.30% on Tuesday amidst a risk-off impulse. Chinese economic woes spurred by imports and exports plunging weakened the Mexican Peso. Upcoming Mexican inflation data on Wednesday could shed some light on the Bank of Mexico’s next monetary policy decision. USD/MXN gained traction on Tuesday as risk-aversion triggered outflows from

Safe-haven dollar gains on weak Chinese trade data By Investing.com

[ad_1] © Reuters Investing.com — The U.S. dollar traded higher in early European trade Tuesday, with risk sentiment hit as disappointing Chinese trade data pointed to continued weakness in Asia’s largest economy. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.3% higher at 102.190,

Australian Dollar sinks after dismal Chinese trade data

[ad_1] Share: Australian Dollar returns to its bearish course after China releases below-expectations trade figures for July. The data suggests Chinese demand for Australian raw materials will lessen. The US Dollar rises on increased safe-haven buying following the poor data.  The Australian Dollar (AUD) dives to new monthly lows against the US Dollar

Dollar gains ground; Aussie, yuan slip after weak China trade data By Reuters

[ad_1] © Reuters. FILE PHOTO: An employee of the Korea Exchange Bank counts one hundred U.S. dollar notes during a photo opportunity at the bank’s headquarters in Seoul April 28, 2010. REUTERS/Jo Yong-Hak/File Photo By Rae Wee and Samuel Indyk LONDON (Reuters) – The U.S. dollar turned higher on Tuesday after another disappointing set of

New Zealand Dollar Ahead of US CPI; NZD/USD, AUD/NZD, EUR/NZD Price Action

[ad_1] NZD/USD, AUD/NZD, EUR/NZD – Outlook: NZD continues to broadly hover within its recent range against some of its peers. NZD has been weighed by a deteriorating NZ economic growth outlook and the view that RBNZ is done with raising rates. What is the outlook for NZD/USD, EUR/NZD, and AUD/NZD? Recommended by Manish Jaradi The

Euro Stalls with the US Dollar Gaining on Higher Treasury Yields. Lower EUR/USD?

[ad_1] Euro, EUR/USD, US Dollar, Fed, USD/JPY, Hang Seng, China, Fibonacci – Talking Points Euro support wilted after US Dollar resumed strengthening today The Fed reminded markets of their intention and Treasury yields responded If EUR/USD breaks above near-term resistance, will it make a new high? Recommended by Daniel McCarthy How to Trade EUR/USD n

Venezuela’s bolivar weakens against the U.S. dollar as inflation rages By Reuters

[ad_1] © Reuters. A customer counts Venezuelan Bolivar notes at a stall in a municipal market in Caracas, Venezuela February 10, 2023. REUTERS/Gaby Oraa CARACAS (Reuters) – The Venezuelan bolivar weakened to 30 units per dollar, the central bank said on Thursday, marking the latest descent for the beleaguered local currency as the economy suffers