[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 Brigid Riley and Alun John TOKYO/LONDON (Reuters) -The U.S. dollar hit a three-month low against a basket of peers on Tuesday before steadying, as traders continued to unwind long dollar positions before this week’s
[ad_1] US DOLLAR OUTLOOK – EUR/USD & USD/JPY The broader U.S. dollar was flat on Monday, but volatility could pick up in the coming trading sessions, with several high-impact events on the calendar The focus will be on U.S. PCE data, ISM manufacturing results and Powell’s public appearance later in the week This article explores
[ad_1] People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to
[ad_1] As the US stock market prepares to open for the holiday shortened week, the major indices are looking to open little changed. The Dow is up 49 points after closing up 184.74 points on Wednesday The S&P is up 0.88 points after closing up 18.45 points on Wednesday The Nasdaq is trading -9.5 points
[ad_1] USDMXN has been trading lower since its peak in April 2020. This pair is important due to its correlation with the USDindex and its implications across markets. The Mexican peso stabilised around the 17.2 level in November, sustaining a six-day rally, as weakening inflation and high unemployment in the US fuelled expectations that the
[ad_1] © Reuters. Investing.com – The U.S. dollar edged higher in early European trade Friday, but was heading for a sharp weekly loss after cooling inflation spurred growing bets that the Federal Reserve has completed its series of rate hikes. At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket
[ad_1] © Reuters Investing.com– Most Asian currencies moved little on Friday after strong gains earlier this week, while the dollar headed for a sharp weekly fall as weak labor market data fueled more bets that the Federal Reserve will trim interest rates by mid-2024. Weakness in the dollar put most regional units on course for
[ad_1] Share: The AUD/NZD is grinding it out on Monday, testing into higher ground. The Aussie is rebounding on a technical basis after declining most of November. Resistance is piled up, bulls face uphill battle. The AUD/NZD has climbed nearly 0.6% as the Aussie (AUD) rallies against the Kiwi (NZD) following two straight
[ad_1] PBOC is expected to set the USD/CNY reference rate at 7.2889 – Reuters estimate People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows
[ad_1] A weekend report that Iraq expects to reach an agreement with the Kurdistan Regional Government (KRG) and foreign oil companies to resume oil production from the Kurdish region’s oilfields within three days. Via a statement from Iraqi oil minister Hayan Abdel-Ghani. Iraq has reached an understanding with Turkey in relation to resumption of northern
