Market News
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Dollar remains weak as Fed nears end of hiking cycle
The U.S. dollar languished near two-month lows in early European trade Monday as weak economic data support the idea that the U.S. Federal Reserve ...
06.04.2023
Asia FX, dollar muted amid economic fears, Kiwi rallies on hawkish RBNZ
Asian currencies moved in a flat-to-low range on Wednesday, while the dollar stuck to two-month lows as weak economic data fueled increasing concerns over an economic slowdown this year.
The New Zealand dollar was the sole outlier among global currencies, rallying 0.6% after the Reserve Bank ...
06.04.2023
US dollar rises after days of losses, but weak outlook intact
The dollar advanced on Wednesday, recovering from two-month lows hit the previous session, as investors lightened their short positions to book profits ahead of the all-important U.S. non-farm payrolls report on Friday.
The underlying trend though for the dollar remained tilted to the ...
06.04.2023
Kuroda says BOJ needs to be ready to issue digital yen
The Bank of Japan must be ready to issue central bank digital currencies (CBDC) that coexist with various other forms of money to offer the public a safe digital payment system, its governor Haruhiko Kuroda said on Tuesday.
The central bank will start a pilot programme in April to test the use of ...
30.03.2023
Analysis-Pressure builds on Egypt to devalue currency further
The Egyptian pound lost ground on the black market again in recent days in a sign that halving its official value over the past year could still not be enough and the central bank may have to let it slide further.
Despite its pledge in October to allow supply and demand determine exchange rates, ...
30.03.2023
Dollar rebounds as banking fears fade; yen falls on quarter-end flows
The dollar rose against most major peers on Wednesday, reversing some of its recent declines, and gained sharply against the yen, which was volatile as the end of the Japanese fiscal year approaches.
The dollar index, which measures the currency against six rivals, was 0.18% higher on the day at ...
30.03.2023
Asia FX muted, dollar firms as China PMIs loom
Most Asian currencies kept to a tight range on Thursday amid caution ahead of key Chinese economic data, while easing fears of a banking crisis spurred sharp gains in Treasury yields and a recovery in the dollar.
The dollar rose in overnight trade, and firmed slightly in the Asian session as ...
30.03.2023
Dollar firms as banking crisis worries fade
The U.S. dollar was a tad higher on Thursday as receding concerns over the banking sector bolstered risk sentiment and investors switched their attention to the Federal Reserve's battle against inflation.
The dollar index, which measures the currency against six major peers, rose 0.019% to 102.65, ...
30.03.2023
Asia FX sinks, dollar rises amid Fed uncertainty, bank crisis fears
Most Asian currencies fell on Monday and the dollar rose as markets hunkered down ahead of a Federal Reserve meeting this week, while fears of a banking crisis kept sentiment on edge despite government measures to assuage market concerns.
The Chinese yuan fell 0.2% after the People’s Bank ...
20.03.2023
Safe haven status helps dollar edge higher; Fed meeting in focus
The U.S. dollar edged higher in early European trade Monday with the safe haven in demand amid the ongoing banking crisis and ahead of this week's Federal Reserve policy-setting meeting.
At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, ...
20.03.2023
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