Asia FX weakens on hawkish Fed comments, inflation readings awaited By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies fell on Thursday, while the dollar steadied on hawkish comments from a slew of Federal Reserve officials, with focus now turning to upcoming inflation readings from China and the U.S. for more cues on the global economy. Risk-heavy Southeast Asian currencies were the biggest decliners for the […]
Dollar weakens; Powell declines to push back on easing expectations By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Wednesday, retreating after a relatively dovish speech from Fed chair Jerome Powell raised hopes the central bank may soon ease monetary policy. At 03:10 ET (08:10 GMT), the , which tracks the greenback against a basket of six other […]
Asia FX muted amid disinflation talk, RBI supports rupee By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies moved little on Wednesday as traders digested less hawkish than expected comments from Federal Reserve Chair Jerome Powell, while the Indian rupee advanced as the Reserve Bank vowed more interest rate hikes. The was among the better performers for the day, rising 0.2% after the […]
Dollar edges lower ahead of key Powell speech; Australian dollar soars By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar slipped lower in early European trade Tuesday, consolidating after recent gains ahead of a key speech from Fed Chair Jerome Powell, while the Australian dollar surged after the Reserve Bank hiked interest rates. At 03:00 ET (08:00 GMT), the , which tracks the greenback against […]
Asia FX muted amid Fed jitters, Australian dollar boosted by RBA By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies moved little on Tuesday in anticipation of an address by Federal Reserve Chair Jerome Powell, while the Australian dollar shot up after the Reserve Bank raised interest rates and flagged more hikes in store. The jumped 0.7% to $0.6929, coming close to the key 0.7 […]
analysts see more downside By Investing.com
© Reuters. EUR/USD weekly price forecast: Analysts see more downside By Senad Karaahmetovic is trading modestly lower on Monday after staging a key reversal day candle on Friday following a much stronger-than-expected in the U.S. Not only could the EUR/USD not close near weekly highs, but the failure to secure a green close occurred while […]
Dollar near one-month high; strong payrolls, rising Chinese tensions help By Investing.com
© Reuters By Peter Nurse Investing.com – The U.S. dollar rose in early European trade Monday, boosted by raised tensions between China and the U.S., while Friday’s strong payrolls prompted traders to reassess the extent of the Federal Reserve’s likely interest rate tightening. At 03:25 ET (08:25 GMT), the , which tracks the greenback against […]
Asia FX slips, dollar firms as hot payrolls spur rate hike fears By Investing.com
© Reuters. By Ambar Warrick Investing.com — Asian currencies sank on Monday, while the dollar rose as stronger-than-expected U.S. payrolls data brewed concerns that the Federal Reserve will be able to keep raising interest rates for longer, while worsening Sino-U.S. ties also weighed. The dollar rose to a near one-month high against a basket of […]
Japanese yen slides as report pegs Amamiya as BOJ governor By Investing.com
© Reuters. By Ambar Warrick Investing.com– The Japanese yen fell to an over three-week low against the dollar on Monday after a report said that Bank of Japan Deputy Governor Masayoshi Amamiya, who is a proponent of ultra-loose monetary policy- will take over as the bank’s governor. The that government sources said Amamiya was in consideration […]
Dollar bounces as weak tech earnings damp risk appetite By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar traded higher early in Europe on Friday, after weak earnings from three of Silicon Valley’s largest companies damped risk appetite more broadly. Amazon (NASDAQ:), Apple (NASDAQ:) and Google owner Alphabet (NASDAQ:), all saw their stocks fall after their reports for the final quarter of the year, […]