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…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
Asia FX muted, yen drops after BOJ keeps dovish course
Investing.com-- Most Asian currencies moved little on Friday as markets continued to fret over higher U.S. interest rates, while the…
Argentina’s dollarization proposal gains rare backing amid inflation woes
Mark Rosen, former U.S. representative to the International Monetary Fund (IMF), has endorsed the idea of Argentina adopting the U.S.…
Dollar Hits 6.5-Month High as Central Banks Adjust Rates
The dollar reached a 6.5-month peak on Thursday, September 21, 2023, after the U.S. Federal Reserve signaled a continuation of…
Sterling hits multi-month low, Fed holds rates steady amid inflation concerns
The US Federal Reserve's decision to maintain interest rates at the 5.25%-5.50% range during its monetary policy meeting on Wednesday,…
Dollar index on verge of forming bullish ‘golden cross’ – BofA
By Saqib Iqbal Ahmed NEW YORK (Reuters) - The U.S. dollar's recent rally has put it on track to form…
Japan warns against post-Fed yen slide
By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) - Japan won't rule out any options in addressing excess volatility in…
Asian currencies stumble amid rising U.S. dollar and hawkish Federal Reserve stance
Asian currencies experienced a decline in value on Thursday, reflecting the impact of a surge in the U.S. dollar and…
Asian currencies under pressure due to Federal Reserve’s stance, says HSBC
HSBC Global Research has recently indicated that Asian currencies may face a challenging period due to the Federal Reserve's "hawkish"…
Dollar rallies, yen under pressure ahead of BOJ rate decision
By Brigid Riley TOKYO (Reuters) - The dollar hit fresh peaks against a handful of currencies on Thursday, sitting around…
Gambia’s dalasi remains Africa’s strongest currency amid tourism and remittance inflows
The Gambia's currency, the dalasi, continues to hold its position as Africa's strongest currency this year, according to the central…
Dollar hits six-mth peak, yields at 2008 highs on hawkish Fed
Investing.com-- The dollar hit a six-month high against a basket of currencies on Thursday, while U.S. Treasury yields hit multi-year…
Asia FX slides, dollar strong after Fed flags higher rates
Investing.com-- Most Asian currencies tumbled on Thursday, while the dollar rose to six-month highs after the Federal Reserve warned that…
Former BitMex CEO analyzes potential capital flight from China amid yuan depreciation
Arthur Hayes, the former CEO of BitMex, has recently conducted an analysis on the potential capital flight from China, following…
Dollar steady ahead of Fed decision; sterling weakens on CPI drop
Investing.com - The U.S. dollar traded in a steady fashion in Europe Wednesday ahead of the conclusion of the latest…
Japan may intervene on yen again, BOJ should ditch easy policy – ex-financial diplomat
By Tetsushi Kajimoto TOKYO (Reuters) - Japan could intervene again to support the yen if it declines further, former top…
Dollar holds fast, yen in shaky territory ahead of FOMC
By Brigid Riley TOKYO (Reuters) - The dollar remained firm against a basket of peers on Wednesday ahead of a…
Asia FX muted, dollar steadies as Fed rate decision looms
Investing.com-- Most Asian currencies moved little on Wednesday, while the dollar steadied near six-month highs as markets hunkered down before…
Japan’s top currency diplomat says Tokyo in close contact with US on FX moves
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese authorities are always in close communication with U.S. counterparts on currencies and share a…