Currencies

Dollar bounces before inflation data, bitcoin hits two-year high By Reuters

By Karen Brettell NEW YORK (Reuters) -The dollar jumped against the euro and yen on Wednesday as investors positioned for U.S. and European inflation data

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Race to finish Indo-Pacific trade deals hit snags ahead of APEC summit

By David Lawder SAN FRANCISCO (Reuters) - The Biden administration is aiming to show that its key Asian economic initiative

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Asia FX muted as China disinflation weighs, dollar steady

Investing.com-- Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in

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Swiss respond to removal from US currency manipulation list

ZURICH (Reuters) - The Swiss National Bank responded on Wednesday to the U.S. Treasury removing Switzerland from its monitoring list

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Central Bank of Nigeria refutes cash scarcity rumors, affirms legality of old Naira notes

Today, the Central Bank of Nigeria (CBN) addressed public concerns over the legitimacy of old Naira notes and rumors of

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Taka depreciation intensifies amid dollar crisis and reduced remittance inflow

The Bangladeshi Taka continues to depreciate against the US dollar, leading to heightened financial strain for businesses and economic repercussions.

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EUR/USD stagnates near 1.0700 amid rising USD strength, awaiting Fed insights

The pair experienced a decline in the American session on Tuesday, stagnating near the 1.0700 benchmark due to diminished buyer

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Pakistani rupee slides against dollar and euro; Dirham and Riyal gain ground

On Tuesday, the Pakistani Rupee experienced depreciation against the US Dollar and the European Euro in both interbank trading and

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Crack in US dollar strength to spread as economy slows: Reuters poll

By Hari Kishan BENGALURU (Reuters) - The dollar's recent weakness will linger for the rest of the year, according to

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Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll

By Devayani Sathyan and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies will take well into next year to start

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South Korea to allow foreign firms trade USD/KRW onshore, extend trading hours from July

SEOUL (Reuters) - South Korea's foreign exchange authority on Wednesday said it will open its currency market to global traders

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Indian rupee to trade near record lows despite surging growth

By Milounee Purohit and Anant Chandak BENGALURU (Reuters) - The Indian rupee will trade near record lows against the dollar

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Asia FX muted, dollar rebound holds with more Fed cues on tap

Investing.com-- Most Asian currencies kept to a tight range on Wednesday, while the dollar maintained a recent rebound after several

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China will guard against yuan overshooting risks – PBOC publication

BEIJING (Reuters) - China will resolutely guard against overshooting risks of the yuan exchange rate, People's Bank of China (PBOC)

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US finds no major trade partners manipulated currencies

By David Lawder WASHINGTON (Reuters) -The U.S. Treasury on Tuesday said no major trading partners appeared to be manipulating their

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Dollar stabilizes amid hawkish Fed comments; Australian dollar struggles post rate hike

The US dollar has shown signs of stabilization following hawkish sentiments from Federal Reserve officials, including Jerome Powell, who suggested

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Nigerian naira weakens against dollar despite speculation of recovery

The Nigerian naira experienced a significant depreciation against the US dollar in the forex markets and the parallel market on

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Dollar in demand ahead of eagerly awaited Powell speech

Investing.com - The U.S. dollar edged higher in early European trade Wednesday, picking up ahead of a key speech from

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Dollar rebound extends for third day before Fed’s Powell speech

By Samuel Indyk LONDON (Reuters) -The dollar's rebound extended for a third day on Wednesday after some Federal Reserve policymakers

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