© 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
© Reuters Investing.com– Most Asian currencies fell on Friday amid persistent fears of an economic slowdown in China, while the dollar firmed after data showed that U.S. consumer inflation grew as expected in July. Rising U.S. also pressured local currencies, while expectations that the Federal Reserve will keep interest rates higher for longer kept the
© Reuters. Investing.com– Most Asian currencies edged lower on Thursday as investors turned broadly risk-averse ahead of key U.S. inflation data due later in the day, while the Chinese yuan rose sharply on more support from the central bank. The dollar steadied near five-week highs, benefiting from increased demand as markets positioned for a potentially
USD/JPY Analysis, Chart, and Price USD/JPY closes in on June Peaks Weaker Chinese trade data has given the Dollar a lift Japanese demand weakness also knocked the Yen Recommended by David Cottle Download our Free Q3 Japanese Yen Forecast The Japanese Yen fell further against the United States Dollar on Tuesday, chiefly thanks to a
© 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 one
The US dollar is broadly slumping as Treasury yields fall and dollar bulls take profit. The soft non-farm payrolls headline is winning the day and there’s a UBS note circulating (aided by Nick Timiraos) that argues that next month’s average hourly earnings number will be low. Fed pricing hasn’t changed with about 9 bps of
© Reuters. Investing.com — Most Asian currencies retreated on Thursday, while the dollar rose after stronger-than-expected payrolls data helped overcome concerns over a U.S. rating downgrade by Fitch. Markets remained largely risk-averse after the Fitch move, which kept Asian units under pressure and spurred more safe haven demand for the greenback. Risk-heavy currencies such as
© Reuters. FILE PHOTO: ‘X’ logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo (Corrests to say the fake account had made five, not four, posts to date in paragraph 4) TOKYO (Reuters) –
© Reuters Investing.com – The U.S. dollar edged higher in early European trade Tuesday, while sterling fell as U.K. house prices slumped sharply as rising interest rates weighed. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 101.865, after hitting a fresh
US Dollar (DXY) Analysis USD barely budges after the FOMC announcement as traders require more convincing around another rate hike. Dollar weakness seen this morning ahead of ECB Large speculators, hedge funds positioning suggests greater USD pessimism Major risk events: US Q2 GDP and PCE inflation data The analysis in this article makes use of
