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Forex

81 posts

Dollar Slips, Euro Jumps on Hawkish ECB Stance

  • admin
  • September 12, 2022
The U.S. dollar weakened in early European trade Monday, while the euro jumped to a three-week high as traders reassessed the European Central Bank’s interest rate trajectory in the wake…
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Japan’s ex-FX diplomat: No need for intervention to back yen

  • admin
  • September 7, 2022
Japan need not intervene in the exchange-rate market to stem yen falls, as such a move would be ineffective in countering broad dollar gains, former top currency diplomat Hiroshi Watanabe…
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EXCLUSIVE – Qatar tells local banks to stop currency swap deals abroad – sources

  • admin
  • September 6, 2022
Qatar’s central bank has told banks in the Gulf state not to exchange its currency with entities outside the country without prior permission, five sources told Reuters, in a move…
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China central bank to cut FX reserve ratio to help limit yuan weakness

  • admin
  • September 6, 2022
China’s central bank said on Monday it will cut the amount of foreign exchange reserves that financial institutions must hold, a move seen as aimed at slowing the yuan’s recent…
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Dollar Edges Lower Ahead of Payrolls; Yen Under Pressure

  • admin
  • September 5, 2022
The U.S. dollar edged lower in early European trade Friday, but remained near a two-decade high ahead of the widely watched monthly U.S. jobs report which could point to further…
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Euro plunges to 20-year low after Russian gas halt

  • admin
  • September 5, 2022
The euro sank to a new 20-year low on Monday and below $0.99 after Russia’s halt to gas supplies down its main pipeline to Europe heightened fears about a deepening…
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Asian Currencies Edge Higher as Dollar Dips Before Jackson Hole

  • admin
  • August 25, 2022
Most Asian currencies rose slightly on Thursday, benefiting from weakness in the dollar as traders awaited more cues on monetary policy from Federal Reserve Chair Jerome Powell this week. The South…
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Dollar Retains Strength; Euro Plummets Below Parity

  • admin
  • August 23, 2022
The U.S. dollar pushed higher Tuesday ahead of the central bank’s key Jackson Hole symposium later this week, while the euro fell to two-decade lows as Europe’s energy woes deepened.…
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Forex Today: Dollar hold its ground following last week’s upsurge

  • admin
  • August 22, 2022
The greenback preserves its strength to start the week after having registered impressive gains against its rivals last week. The US Dollar Index rose 2.3% to post its biggest one-week gain last…
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Chinese Yuan Hits Near 2-Yr Low, Asia FX Hit by Fed Jitters

  • admin
  • August 22, 2022
The Chinese yuan sank to a near two-year low on Monday after the People’s Bank cut lending rates for the second time in two weeks, while most other Asian currencies…
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