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210 posts

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Currencies

Currencies

Dollar slumps after Powell's comments; sterling awaits BOE decision

By Press Room
November 2, 2023
2 Mins read
Currencies

Asia FX firms, dollar sinks on bets of no more Fed rate hikes

By Press Room
November 2, 2023
2 Mins read
Investing.com– Most Asian currencies strengthened on Thursday, while the dollar fell sharply after mixed signals from the Federal Reserve ramped up bets…
Currencies

British pound stands firm ahead of BoE's November interest rate decision

By Press Room
November 1, 2023
1 Mins read
The British pound is showing resilience ahead of the Bank of England’s (BoE) Monetary Policy Committee (MPC) November interest rate decision, which…
Currencies

Yen's underperformance likened to Turkish lira and Argentinian peso

By Press Room
November 1, 2023
1 Mins read
The Japanese yen, the world’s third most-traded currency, is underperforming, facing similar challenges as the Turkish lira and Argentinian peso over the…
Currencies

Euro fluctuates amid cooling inflation and fading ECB rate hike prospects

By Press Room
November 1, 2023
1 Mins read
The euro (EUR) experienced a volatile trading session yesterday, initially strengthening due to a weakening US dollar (USD), but later relinquishing gains…
Currencies

Naira appreciates despite forex turnover decrease and black market depreciation

By Press Room
November 1, 2023
1 Mins read
On Tuesday, the Nigerian naira showed a significant appreciation of 21.81%, closing at an official rate of N815.32/$1, up from N993.82/$1 the…
Currencies

Russian rouble gives up gains after soaring to 3-month high

By Press Room
November 1, 2023
1 Mins read
MOSCOW (Reuters) – The Russian rouble weakened on Tuesday, pulling back after soaring to a three-month high past 92 to the dollar…
Currencies

Japan says it's on standby to deal with 'one-sided' currency moves as yen tumbles

By Press Room
November 1, 2023
1 Mins read
By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) -Japan’s top currency diplomat Masato Kanda said on Wednesday authorities were on standby to…
Currencies

Asian currencies retreat amid strong US dollar and weak Chinese PMI data

By Press Room
November 1, 2023
1 Mins read
Asian currencies experienced a pullback on Wednesday, while the US dollar strengthened following a robust overnight rally and in anticipation of the…
Currencies

Dollar edges higher ahead of Fed decision; yen remains weak

By Press Room
November 1, 2023
2 Mins read
Investing.com – The U.S. dollar edged higher in early European trade Wednesday ahead of the conclusion of the latest Federal Reserve meeting,…
Currencies

Rupee's stability challenged by declining forex reserves and Fed's decision

By Press Room
November 1, 2023
1 Mins read
The Reserve Bank of India (RBI) is facing challenges in managing the volatility of the rupee due to a continuous decline in…
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