Investing.com – The U.S. dollar steadied in early European trade Friday ahead of the release of key inflation data, the euro edged higher while the Japanese yen slipped slightly but…
Forex News
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Investing.com– Most Asian currencies moved in a flat-to-low range on Friday with the Chinese yuan logging wild swings amid suspected intervention by the People’s Bank, while the dollar steadied ahead…
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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The yen edged lower from a 2-1/2-month high against the U.S. dollar on Thursday, as financial markets stabilized, with investors looking ahead to next…
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Citi highlighted the Japanese yen’s major support level against the US dollar, noting that the USDJPY pair had maintained its position above the 152 mark. This level was previously identified…
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Investing.com – The U.S. dollar slipped lower Thursday, the euro posted small gains while the Japanese yen climbed to multi-month highs ahead of next week’s Bank of Japan meeting. At…
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By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The yen rallied for a fourth day running on Thursday, reaching a a six-week high, as traders ditched their long-running bets…
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Forex News
Investors turn long on Singapore dollar after 7 months; bearish bets on Asian FX ease – Reuters poll
By Roushni Nair (Reuters) – Investors turned bullish on the Singapore dollar for the first time since mid-December as the city-state’s growth and inflation dynamics continue to support the local…
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MUMBAI (Reuters) – The Reserve Bank of India may allow the rupee to weaken slightly to unwind the slightly elevated real effective exchange rate and keep the South Asian currency…
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By Amanda Cooper and Brigid Riley LONDON/TOKYO (Reuters) -Japanese official buying to defend the yen is fast becoming a standard feature of the FX landscape in 2024, but authorities in…
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Investing.com– Most Asian currencies moved in a flat-to-low range on Thursday as a rout in equity markets kept traders largely averse towards risk-driven assets, while the dollar retreated ahead of…