The dollar meandered on Thursday after U.S. jobless claims rose more than expected last week, indicating a cooling labor market that could prompt the Federal...
Some of the major banks in the world expect global economic growth to slow further in 2024, squeezed by elevated interest rates, higher energy prices...
The Australian dollar weakened below $0.65 amid a rebound in the greenback as investors reassessed the outlook for US Federal Reserve monetary policy, although easing...
Data showed U.K. annual CPI inflation dropped sharply to 4.6% in October, below economists’ forecasts and cementing the view that interest rates have likely peaked....
The dollar sputtered at broadly lower levels on Wednesday after slumping overnight as a surprisingly softer U.S. inflation reading bolstered bets that the Federal Reserve...
The Australian and New Zealand dollars consolidated hefty gains on Wednesday after enjoying their biggest rally in a year as investors wagered on future U.S....
Overnight options expire the next working day at 10-am New York/15GMT and now include Wednesday’s U.S. retail sales in addition to Tuesday’s CPI data, with...
The Japanese currency also remained on watch for possible intervention as it holds near a one-year low against the greenback. Traders remained on alert for...
The dollar eased and global equities rebounded on Friday as Wall Street rallied on doubts that interest rates will go higher even after Federal Reserve...
The Japanese currency also remained on watch for possible intervention as it holds near a one-year low against the greenback. Traders remained on alert for...
The euro held onto a 15-year high against the yen and inched higher on the dollar on Thursday, following hawkish remarks from European policymakers and...
The Japanese yen depreciated toward 151 per dollar, hovering near its lowest levels since 1990, weighed down by hawkish signals from the US Federal Reserve...
Conditions that favour a resurgence of carry trades are unfolding with cash likely to flow away from the dollar towards currencies offering higher returns. These...
Japan’s Nikkei Stock Average fell 0.3% to close at 32166.48, reversing earlier gains, dragged by losses across the majority of sectors, particularly mining, oil and...
The US dollar rose against its major trading partners early Tuesday ahead of the release of international trade statistics for September at 8:30 am ET,...
The Australian dollar retreated on Tuesday after the country’s central bank hiked interest rates as many had expected, but sounded non-committal on whether even tighter...
Sterling rose an even more impressive 1.45% due to risk-on flows encouraged by tumbling government bond yields and falling central bank rate expectations. It is...
The Federal Reserve and Bank of England both left borrowing costs unchanged as they near the end of their respective tightening cycles. While the Fed’s...
The cash hedging of soon-to-expire FX option strikes can often influence FX price action by adding to any nearby support/resistance points while potentially drawing and...