By Dhara Ranasinghe LONDON (Reuters) -The U.S. dollar’s dominant reserve currency status is likely to endure partly because even the most talked about alternative the Chinese yuan falls short as…
Forex News
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On Thursday, UBS released a report presenting a less extreme valuation of the US dollar compared to simple Purchasing Power Parity (PPP) models. The firm’s preferred valuation metrics indicate the…
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Investing.com – The U.S. dollar edged lower in early European trade Wednesday, retreating from recent highs as traders contemplated the possibility of coordinated official intervention, but underlying tone remains positive.…
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By Sameer Manekar (Reuters) – Bearish positions on most Asian currencies firmed, a Reuters poll showed on Thursday, intensifying steadily from the start of the year as repricing of rate…
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By Jamie McGeever ORLANDO, Florida (Reuters) – Asian countries probably don’t want it and they certainly didn’t cause it, but a ‘beggar thy neighbor’ wave of exchange rate depreciation may…
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By Ankur Banerjee and Brigid Riley SINGAPORE/TOKYO (Reuters) -The dollar softened on Thursday as traders assessed the U.S. interest rates outlook in the wake of comments from Federal Reserve officials…
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Investing.com– Most Asian currencies crept higher on Thursday, seeing some breathing room as the dollar retreated from an over five-month peak, although fears of higher-for-longer U.S. interest rates remained at…
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By Herbert Lash and Stefano Rebaudo (Reuters) -The dollar eased from near 5-1/2-month highs on Wednesday as Federal Reserve officials reiterated the rate-cutting cycle was on hold pending new economic…
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Investing.com – The dollar has risen to levels against the euro not seen since November last year. Some analysts think still further gains are on the card, with the potential…