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…
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…
Dollar gains after U.S. retail sales fall less than expected
(Reuters) – The dollar gained on Wednesday after U.S. retail sales fell less than expected in October, bouncing off its…
Asia FX weakens, dollar creeps higher before inflation data
Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is…
Yen on cusp of multi-decade lows keeps markets on intervention watch
(Reuters) – The yen was under pressure on Tuesday, as traders waited for important U.S. inflation data which could either…