Investing.com – UBS has downgraded its long-term US dollar targets, looking to fade the currency’s rebound early in September. At 08:45 ET (12:45 GMT), the Dollar Index, which tracks the…
Forex News
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By Siddhi Nayak MUMBAI (Reuters) – The Indian rupee dropped to a record low near the close of trading on Wednesday after yet another rangebound trading session as it stayed…
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Forex News
India central bank likely intervening to prevent rupee from slipping to record low, traders say
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By Kevin Buckland TOKYO (Reuters) -The safe-haven Japanese yen rallied on Wednesday while riskier currencies like the Australian dollar and sterling languished as traders ducked for cover following the worst…
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The U.S. dollar reached a two-week peak compared to the euro, with investors preparing for a week filled with crucial data, including the U.S. payrolls report due on Friday. At…
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By Saqib Iqbal Ahmed and Amanda Cooper NEW YORK (Reuters) – The dollar rose to a two-week high against the euro on Tuesday as traders braced for a data-heavy week,…
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The euro faces mounting pressure as escalating political polarization in Europe, particularly in Germany, raises alarms over the currency’s stability, Macquarie pointed out on Tuesday. Recent state elections in Germany,…
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Investing.com – Playing for Swiss franc weakness has by far the most consensus trade since the start of the year, according to Bank of America Securities, yet the currency has…
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By Ankur Banerjee and Amanda Cooper LONDON/SINGAPORE (Reuters) -The dollar hovered close to a two-week high on Tuesday as investors geared up for a slew of economic data, including Friday’s…
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Investing.com – The U.S. dollar steadied Tuesday as investors look forward to the release of key economic data, including Friday’s U.S. payrolls, that could cement an interest rate cut from…