EUR/USD: Bear Pressure Mounts on Dollar amid Uncertain Market Conditions
The Fed’s slowdown in the rate hike campaign coupled with a global pushback on the dollar is dragging the currency…
Swedish crown softens after market sees Riksbank dovishness, euro rebounds
(Reuters) – The Swedish crown softened on Wednesday after the country’s central bank was less hawkish than expected, while the…
Dollar weakens, euro gains ahead of central bank meetings
The U.S. dollar was on the back foot in early European trade Tuesday, with traders positioning for a more hawkish…
USD/JPY: Dollar Flat After Minor 0.2% Weekly Gain Against Yen
The Japanese yen is gearing up for an eventful week with Japan’s monetary policy statement looming on Thursday. The USD/JPY…
Dollar stabilizes as Treasury yields rise; sterling gains after CPI surprise
The U.S. dollar stabilized in early European trade Wednesday, with traders trying to work out the likely path of the…
USD/JPY: Dollar Notches 2% Gain Over Three Days but Momentum Wanes
New Bank of Japan governor Kazuo Ueda vowed to keep on with his predecessor’s ultra-loose monetary policy. The USD/JPY pair…
Dollar edges higher; remains near two-month low after U.S. CPI
The U.S. dollar edged higher in early European trade Thursday, but remained under pressure after cooler-than-expected inflation data raised the…
USD/JPY: Dollar Off to a Strong Start of Week as Yen Tumbles
The American dollar advanced more than 1% to kick off trading ahead of a stacked week. The USD/JPY pair was…
China Forex Reserves Rose in March
China’s foreign exchange reserves, the largest in the world, rose to $3.184 trillion in March, according to official data released…
EUR/USD: Euro Stable as Traders Eye Nonfarm Payrolls
Quiet trading is unfolding in the forex market as traders wait for the release of the US nonfarm payrolls. The…