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.
Asian stocks leapt while the dollar was nursing its heaviest losses in a year on Wednesday, as steady U.S. inflation figures boosted investor confidence that
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
A whale has reportedly sold a large amount of Bitcoin. The data from Lookonchain reveals that this anonymous investor bridged Bitcoin BTCUSD to Ethereum, converting
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
Gold closed sharply lower on Friday following a hawkish Thursday speech from Federal Reserve chair Jerome Powell. Gold for December delivery closed down US$32.10 to
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 dollar dipped against the euro on Friday but gained against the yen as investors evaluated comments by Federal Reserve Chair Jerome Powell that the
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
Gold production in South Africa dropped 0.1% year-on-year in September 2023, following a downwardly revised 0.5% increase in August. This marks the first decline in
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
Gold held below $1,970 an ounce on Wednesday after declining for two straight sessions, remaining under pressure from a rising dollar as traders braced for
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