Euro rebounds modestly after hitting support levels amid Fed speculation
The euro experienced a slight recovery today after a downturn on Thursday, influenced by lower inflation figures in the European…
Dollar stabilizes at low levels; PCE data could determine future direction
The U.S. dollar stabilized in early European trade Wednesday, remaining near a three-month low amid growing expectations that the Federal…
South African rand gains on US Fed’s dovish signals
The South African rand strengthened against the dollar today, buoyed by the US Federal Reserve’s dovish comments that signaled potential…
Dollar around three-month low, set for biggest monthly fall in 2023
(Reuters) -The U.S. dollar hit a three-month low against a basket of peers on Tuesday before steadying, as traders continued…
Dollar eases in thin Black Friday trading on bets rates have peaked
(Reuters) – The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged higher…
Euro profits from better euro zone data; U.S. market shut
(Reuters) – The euro edged up on Thursday after data suggested the downturn in the euro zone economy may be…
Euro extends gains as dollar retreats ahead of FOMC minutes
The Euro continued its ascent today, marking a fourth consecutive session of gains against a retreating US dollar, as market…
Indonesia and Singapore launch cross-border QR payment system
The central banks of Indonesia and Singapore have officially launched a cross-border QR payment linkage, a major step forward in…
Naira sees mixed performance amid Nigeria’s forex liquidity challenges
Nigeria’s currency, the Naira, experienced a turbulent week with significant fluctuations across different exchange platforms. Amidst ongoing liquidity issues and…
Dollar edges higher, but set for sharp weekly loss as inflationary pressures ease
The U.S. dollar edged higher in early European trade Friday, but was heading for a sharp weekly loss after cooling…