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  • Swedish textile recycler Syre to partner with Gap, Target as demand for sustainable clothing grows
    June 24, 2025
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    June 24, 2025
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  • January 6, 2025

BofA sees no dollar downtrend despite selloff on tariff news

On Monday, the U.S. dollar experienced a significant selloff, declining over 1% following the announcement of a "universal tariff" plan by the new U.S. administration. Investors...

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  • January 6, 2025

Brazil's finance minister rules out hiking taxes to curb dollar outflow

BRASILIA (Reuters) - Brazil's Finance Minister Fernando Haddad said on Monday that the government has no plans to raise the financial transactions tax, known as IOF, to address...

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  • January 6, 2025

Dollar retreats ahead of jobs data; Trump rebuts tariffs report

- The US dollar retreated Monday, handing back some recent gains but remained close to a two-year high ahead of the release of key employment data later in the week...

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  • January 6, 2025

Canadian dollar seen strengthening as Trudeau faces growing calls to step down

-- Canadian Prime Minister Justin Trudeau is facing growing calls from his party members to step down. This development comes ahead of a scheduled party meeting set...

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  • January 6, 2025

Dollar and CTA index show strong upside, trend followers eyeing FX risk

-- Commodity Trading Advisors (CTAs) are maintaining a strong long position in the US Dollar, as indicated by the correlated upward movement in both the Dollar and...

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  • January 6, 2025

Dollar rally may soften with FX market normalization: ING

Monday saw the U.S. dollar maintaining its upward trajectory, continuing the trend from the holiday season and defying traditional seasonal patterns. Despite a brief upswing in...

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  • January 6, 2025

Dollar rally pauses; yuan slides to 16-month low

By Rae Wee SINGAPORE (Reuters) -The dollar eased on Monday but held close to a two-year peak, as traders awaited a raft of U.S. economic data this week headlined by December's...

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  • January 6, 2025

Asia FX slips against strong dollar, Chinese yuan hits 17-yr low despite PBoC aid

-- Most Asian currencies weakened on Monday as the dollar hovered near a two-year high, while the Chinese yuan dropped to a 17-year low, slipping further after...

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  • January 3, 2025

Dollar slips from highs; on track for hefty weekly gains

- The US dollar slipped back Friday, but remained on track for a strong weekly performance, boosted by expectations of a US economic outperformance and thus fewer...

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  • January 2, 2025

Asia FX skittish as dollar hits 2-yr high on bets of slower rate cuts

-- Most Asian currencies moved in a flat-to-low range on Friday, pressured by strength in the dollar as traders positioned for a slower pace of interest rate cuts by...

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