Buoyant dollar within striking distance of 150 yen
(Reuters) – The dollar began the last quarter of the year in the ascendant on Monday due to prospects of…
FX clampdown boosts Pakistani rupee 6.1% to become September’s top currency
(Reuters) – Pakistan’s rupee has gained 6.1% against the dollar so far in September, following an official clampdown on illegal…
HSBC predicts further USD strength amid US exceptionalism and high yields
HSBC has projected an upward trend for the US dollar (USD) against the Euro (EUR) and British Pound (GBP), as…
Asia FX muted as dollar, yield rally cools before inflation data
Most Asian currencies moved little on Friday, but stemmed some recent losses as the dollar came off 10-month highs and…
Yen anticipates intervention if it crosses 150 against the dollar, says ‘Mr Yen’
Eisuke Sakakibara, also known as ‘Mr Yen’, has projected that Japan may intervene if the yen crosses the 150 mark…
Dollar holds near 10-month high, yen under pressure amid strong U.S. economic data
The U.S. dollar held its position near a 10-month high against a basket of major currencies on Thursday. The dollar’s…
Russia’s yuan adoption may erode dollar dominance, EBRD suggests
In the wake of the ongoing Ukraine war and subsequent sanctions, Russia’s adoption of the Chinese yuan could potentially undermine…
German government trims debt sales, signaling reduced financial aid
The German government has announced a reduction in its planned federal debt sales for Q4 2023, marking a significant decrease…
Dollar hits 10-month high as US yields spike, yen recovers from dip
(Reuters) – The dollar rose to a new 10-month peak on Tuesday as U.S. bond yields hit their highest level…
Rupee’s rally short-lived, Nomura maintains pessimistic outlook
In a turn of events this Monday, the Indian rupee failed to sustain its rally following its inclusion in JPMorgan’s…