Forex News

The euro experienced a slight recovery today after a downturn on Thursday, influenced by lower inflation figures in the European Union and a stronger dollar. Market participants...

Investing.com - The U.S. dollar retreated in early European trade Friday, as a key inflation release added to expectations that U.S. interest rates have peaked. At 04:40 ET (09:40...

Investing.com-- Most Asian currencies kept to a tight range on Friday, while the dollar rebounded from 3-½ month lows in anticipation of more cues on interest rates from Federal...

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar gained on Thursday as investors took profits on bets the currency would weaken further and shrugged off data showing...

Investing.com - The U.S. dollar edged higher in early European trade Thursday, but remained near a three-month low ahead of a key reading of U.S. inflation later in the session. At...

By Roushni Nair (Reuters) - Investors turned bullish on most emerging Asian currencies, as prospects of a potential end to U.S. interest rate hikes led to weakness in the...

Investing.com-- Most Asian currencies kept to a tight range on Thursday tracking weak economic signals from China, while the dollar steadied from recent losses as markets awaited a...

By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) - After making hay when a summer bond rout propelled the U.S. dollar to 10-month highs, hedge funds are now...

By Gertrude Chavez-Dreyfuss and Herbert Lash NEW YORK (Reuters) - The dollar climbed from more than three-month lows on Wednesday after data showing the U.S. economy grew faster...

CANADA - The Bank of Canada's recent consultations on the potential introduction of a digital Canadian dollar have unveiled significant resistance from the public, with more than...

OTTAWA (Reuters) -Most financial institutions consulted by the Bank of Canada (BoC) expressed skepticism about the benefits of a potential digital currency, the central bank said...

NIGERIA - In a significant move for the Nigerian economy, the Central Bank of Nigeria (CBN) has announced that both old and redesigned Naira notes will indefinitely remain legal...

By Marc Jones LONDON (Reuters) - Digital bank robberies and other cyber hacks will be a key risk for countries launching digital versions of their currencies, a new report from...

The South African rand strengthened against the dollar today, buoyed by the US Federal Reserve's dovish comments that signaled potential rate cuts in the future. This shift in...

Investing.com - The U.S. dollar stabilized in early European trade Wednesday, remaining near a three-month low amid growing expectations that the Federal Reserve has completed its...

Investing.com-- Most Asian currencies rose on Wednesday as less hawkish signals from Federal Reserve officials ramped up hopes for an early interest rate cut in 2024, which put the...

By Jamie McGeever ORLANDO, Florida (Reuters) -The rise in U.S. rate cut expectations for next year seems to have prompted hedge funds to cool their optimism on the dollar,...

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar sank to its lowest in more than three months on Tuesday as investors continued to take the view that growth in the...

HONG KONG – The United Arab Emirates and China have reinforced their financial ties with the renewal of a significant currency swap agreement and a pledge to deepen collaboration...

By Marc Jones LONDON (Reuters) - Amundi, Europe's largest asset manager and among the top 10 in the world, has started dipping its toe back into the Turkish lira having been...

Investing.com - The U.S. dollar edged higher in early European trade Tuesday, but remained near a three-month low as traders awaited key inflation data amid growing conviction that...

In recent currency market movements, the US dollar has softened, touching its lowest point for November. The Bloomberg Dollar Spot Index (BBDXY), which tracks the greenback against...

Investing.com-- Most Asian currencies advanced on Tuesday amid growing conviction that the Federal Reserve was done raising interest rates, which in turn put the dollar at a...

Standard Chartered (OTC:SCBFF) has announced its participation in China's digital yuan trials, marking a significant step for the international bank in the realm of digital...

By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid against most major currencies on Monday, with a measure tracking the greenback's value...

By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) -The Russian central bank said on Monday it would resume interventions in the domestic foreign exchange market from...

Investing.com - The U.S. dollar drifted lower Monday at the start of a data-packed week, while sterling gained on a degree of confidence returning to U.K. consumers. At 04:00 ET...

Investing.com-- Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders hunkered down before a string of key economic readings due this week.  Mixed...

Currency traders have seen the Euro maintain a bullish stance against the US Dollar today, as it continues to target the 1.1000 mark, finding support at the 1.0900 level. However,...

The Australian dollar reached a three-month peak against the US dollar today, trading at 0.6591, buoyed by a combination of positive market sentiment and waning US dollar strength....

Optimism has surged in the UK financial markets, leading the GBP/USD exchange rate to reach a twelve-week peak, buoyed by improved consumer confidence and a promising business...

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against a basket of currencies on Friday on news of steady U.S. business activity in November, but private sector...

The New Zealand dollar (NZD) saw an uptick today, approaching a key resistance level as global markets reacted to a mix of economic signals and political changes. The currency...

The US Dollar Index is trading just below a key level of 104 today as investors await the afternoon release of PMI data that could influence the currency's strength. The...

By Amanda Cooper LONDON (Reuters) - The pound rose on Friday nearing its highest in almost three months, lifted in part by a broad-based retreat in the dollar, but also by a rise...