Dollar eases as Biden ends re-election bid, drops vs yen
The dollar eased slightly against a basket of currencies on Monday while dropping sharply versus the yen as investors focused…
Dollar on defensive after soft data, battered yen under watch
The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, offering…
Dollar firm ahead of global inflation data
The dollar made a steady start to the week on Monday, as investors were focused on U.S., European and Japanese…
China ramps up de-dollarization efforts by dumping a record amount of US bonds
China sold a record $53.3 billion worth of Treasurys and agency bonds in the first-quarter. It previously unloaded US debt…
Calm Currency Markets Amid Focus on US Inflation Data
Major currencies were steady on Monday with the dollar consolidating against peers, as market participants awaited U.S. inflation data to…
Analysis-Dollar’s rally supercharged by diverging US rate outlook
A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the Federal Reserve will…
USD/CAD Seesaws Ahead of Key US CPI Data Amid Mixed Clues
Introduction The USD/CAD pair is experiencing a consolidation phase in the mid-1.3300s during the early hours of Monday’s Asian session.…