Share: The USD/SEK is seen at 10.908 with 0.10% loses US Treasury yields retreated after sharply rising on Thursday. All eyes are on next week’s CPI data from October from the US. The USD/SEK showed minimal downward movements around the 10.908 area on Friday. The pair declined as the Greenback consolidated the week’s
Share: The New Zealand Dollar declines across the board on Friday but rebounds late in session. Kiwi weakness comes from a combination of a negative global growth outlook and US Dollar outperformance. Hawkish commentary from Fed Chair Powell set the US Dollar trending higher against the Kiwi, NZD/USD resumes decline. The New Zealand
Share: The DXY index trades with mild losses at 105.80, closing a 0.70% weekly gain. Fed hawks revived USD strength during the week. UoM consumer sentiment data come in lower than expected. The focus shifts to next week’s inflation figure from the US from October. The US Dollar (USD) showed minimal movement on
© Reuters. The US dollar crisis in Bangladesh has intensified as the open market rate soared to Tk128 per dollar Today, a sharp increase from the rate earlier in the week. Despite the Bangladesh Bank’s (BB) stringent directives and warnings of harsh penalties for non-compliance, banks and money changers continue to bypass BB’s fixed exchange
Share: The Canadian Dollar has seen little but downside this week. A pivot to market Fed expectations is sending investors into the US Dollar. Crude Oil bids try to recover, limiting Loonie losses for Friday. The Canadian Dollar (CAD) is in the red overall for the week, seeing only a minor gain on
© Reuters. Investing.com – The U.S. dollar slipped higher in early European trade Friday, but was heading for healthy weekly gains after Fed Chair Jerome Powell raised the possibility of further rate hikes to combat inflation. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies,
© Reuters Investing.com– Most Asian currencies moved in a flat-to-low range on Friday, while the dollar held on to recent gains as comments from Federal Reserve officials saw traders reassess expectations of no more interest rate hikes. Concerns over an economic slowdown in China also dented sentiment towards Asia, following a string of weak data
US DOLLAR FORECAST – EUR/USD, USD/JPY, AUD/USD & GOLD The U.S. dollar, as measured by the DXY index, rallies on soaring U.S. bond yields Powell’s hawkish comments reinforce the greenback’s advance This article examines EUR/USD, USD/JPY, AUD/USD and gold prices from a technical standpoint, analyzing key levels to watch in the coming days Most Read:
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Karen Brettell NEW YORK (Reuters) – The dollar gained on Thursday and hit a one-week high against the Japanese yen after Federal Reserve Chair Jerome Powell said that Fed policymakers are “are not
© Reuters. The US dollar is showing signs of strain against commodity currencies, despite the rise in yields, indicating a market shift favoring growth over rate differentials, as reported on Thursday. This situation emerges as the Federal Reserve considers potential further rate hikes that could have adverse effects on the US economy. Earlier this week,
