Dollar Is Close to Erasing 2024 Gains as More Fed Cuts Loom
The US dollar is on the verge of erasing all of its gains this year on bets the Federal Reserve…
China’s central bank injects cash, lowers 14-day reverse repo rate
China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at…
Cash could stay attractive for months despite rate cuts, JP Morgan says
Looming interest rate cuts may not immediately spur a rush out of cash-like instruments, as yields on some shorter-dated government…
Yen firms as Wall Street sell-off unsettles investors
The Japanese yen firmed against the dollar on Wednesday as investors scurried to safer assets after a sharp sell-off on…
Dollar nudges at two-week highs; yen back in focus
The dollar hovered close to a two-week high on Tuesday as investors geared up for a slew of economic data,…
Dollar eases after hitting highest in almost two weeks, US job data looms
The dollar edged down on Monday but remained within striking distance of its highest level in almost two weeks, as…
Dollar General shares slump as weak demand, stiff competition prompts forecast cut
Dollar General’s shares slumped 24% on Thursday after slashing its annual sales and profit forecast as the discount retailer battles…
Dollar slips as traders weigh Middle East risks, US rate cuts
The dollar and yen eased on Tuesday, paring some of their safe-haven gains from the start of the week in…
Dollar firm as US data quiets recession worries
The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against…
Yen dips, markets stabilise ahead of US inflation data
The yen fell against the dollar on Monday in calmer currency market trading after volatile moves last week, while investors…