Dollar steady after key jobs data comes in below estimates
By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) -The U.S. dollar stood near a one-week high against a basket of currencies on Tuesday, after fresh employment data showed that...
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Dollar finds foothold ahead of jobs opening, services PMI data
Investing.com - The U.S. dollar stabilized in early European trade Tuesday, near a one-week high, as traders scaled back dovish Federal Reserve bets ahead of key economic data releases. At...
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FBS Wins Best Forex Broker Africa 2023
FBS, a global broker, has solidified its leading position in the realm of financial and trading services, being awarded for the Best Forex Broker Africa, Best Introducing Broker Program...
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Asia FX weakens on soft economic data; Aussie slumps as RBA stands pat
Investing.com-- Most Asian currencies weakened on Tuesday tracking a string of middling economic readings from the region, with the Australian dollar falling sharply after the Reserve Bank...
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Dollar claws back some ground; bitcoin breaches $42,000
By Harry Robertson LONDON (Reuters) -The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the Federal Reserve will soon be cutting...
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Africa’s Latest Online Forex System To Enable Cross-Border Payments In Local Currencies – Key Takeaways
University of Oxford The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions...
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Asia FX muted, dollar steadies with Fed rate cuts in focus
Investing.com-- Most Asian currencies steadied after strong gains on Monday, while the dollar nursed recent losses amid growing conviction that the Federal Reserve was done raising interest...
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Pound Euro Exchange Rate Forecast: GBP/EUR to Stagnate amid Lack of Data?
Pound Euro (GBP/EUR) Exchange Rate Rises amid Downbeat Eurozone Outlook The Pound Euro (GBP/EUR) exchange rate is strengthening today, as analysis of the Eurozone’s economy remains downbeat....
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Dollar retreats after PCE data points to cooling inflation; Powell set to speak
Investing.com - The U.S. dollar retreated in early European trade Friday, as a key inflation release added to expectations that U.S. interest rates have peaked. At 04:40 ET (09:40 GMT), the...
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Asia FX muted, dollar rebounds before Powell speech
Investing.com-- Most Asian currencies kept to a tight range on Friday, while the dollar rebounded from 3-½ month lows in anticipation of more cues on interest rates from Federal Reserve...
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Dollar recovers from three-month lows; PCE data looms large
Investing.com - The U.S. dollar edged higher in early European trade Thursday, but remained near a three-month low ahead of a key reading of U.S. inflation later in the session. At 04:50 ET...
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Dollar rises from three-month low; euro dips as inflation cools
By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) -The U.S. dollar rose slightly on Wednesday after falling to its lowest in more than three months on hopes that the Federal Reserve...
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Dollar stabilizes at low levels; PCE data could determine future direction
Investing.com - The U.S. dollar stabilized in early European trade Wednesday, remaining near a three-month low amid growing expectations that the Federal Reserve has completed its series of...
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Asia FX rises on Fed pivot hopes; NZ dollar boosted by hawkish RBNZ
Investing.com-- Most Asian currencies rose on Wednesday as less hawkish signals from Federal Reserve officials ramped up hopes for an early interest rate cut in 2024, which put the dollar...
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Dollar edges higher, but near monthly lows ahead of PCE inflation
Investing.com - The U.S. dollar edged higher in early European trade Tuesday, but remained near a three-month low as traders awaited key inflation data amid growing conviction that the...
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Asia FX rises as easing Fed fears put dollar at 3-month low
Investing.com-- Most Asian currencies advanced on Tuesday amid growing conviction that the Federal Reserve was done raising interest rates, which in turn put the dollar at a three-month...
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Dollar slips ahead of key inflation data; sterling shows strength
Investing.com - The U.S. dollar drifted lower Monday at the start of a data-packed week, while sterling gained on a degree of confidence returning to U.K. consumers. At 04:00 ET (09:00 GMT),...
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Asia FX inches lower, dollar steady before swarm of economic data
Investing.com-- Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders hunkered down before a string of key economic readings due this week. Mixed signals...
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China Development Bank issues over 100 bln yuan in special loans for energy supply
China Development Bank, one of the country’s policy banks, has issued more than 100 billion yuan (about 14 billion U.S. dollars) of special loans to support energy supply since the beginning...
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Pound Euro (GBP/EUR) Exchange Rate Forecast: Eurozone Inflation to Drive Volatility?
GBP/EUR Exchange Rate Firms amid Cheery Trade The Pound Euro (GBP/EUR) exchange rate firmed today as cautiously optimistic trade boosted the increasingly risk-sensitive Pound (GBP), amid a...
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Dollar retreats in thin volumes; Fed monetary policy in focus
Investing.com - The U.S. dollar edged lower in thin holiday-affected volumes Friday, amid uncertainty of the future path of U.S. interest rates. At 03:00 ET (08:00 GMT), the Dollar Index,...
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Dollar drifts as markets weigh US rates outlook
By Ankur BanerjeeSINGAPORE (Reuters) -The dollar was restrained on Friday by uncertainty over the path of U.S. interest rates, while the yen strengthened after Japan's core consumer price...
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Asia FX muted, dollar subdued with U.S. PMIs in sight
Investing.com-- Asian currencies kept to a tight range on Friday, while the dollar moved little as a U.S. market holiday made for scant trading, although focus now turned to key business...
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Euro profits from better euro zone data; U.S. market shut
By Amanda Cooper LONDON (Reuters) -The euro edged up on Thursday after data suggested the downturn in the euro zone economy may be starting to ease, although holidays in the U.S. and Japan...
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Dollar retreats in holiday-impacted trading; euro helped by German PMIs
Investing.com - The U.S. dollar retreated in thin holiday-impacted trade Thursday, with traders digesting recent economic data and what it potentially means for the Federal Reserve’s...
