Asia FX steadies as dollar slides after Fed cuts interest rates
-- Most Asian currencies steadied on Friday after clocking sharp gains in the prior session, while the dollar nursed some losses after the Federal Reserve cut interest...
-- Most Asian currencies steadied on Friday after clocking sharp gains in the prior session, while the dollar nursed some losses after the Federal Reserve cut interest...
Money markets are strongly betting that the benchmark rate will fall from its current level of 5% to 4.75%.
The euro (EUR) has remained in a narrow trading range against the US dollar (USD) for much of 2023, with UBS analysts predicting that this trend may persist into the entire...
As Trump pledges to 'drill baby, drill,' here's how his victory is affecting foreign exchange markets and commodities.
The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower.
Citi strategists encouraged investors to “buy US dollar dips tactically” in the wake of Donald Trump’s win in the elections. The bank expects the greenback to see...
- The U.S. dollar retreated Thursday, giving up some of its hefty post election gains ahead of the latest Federal Reserve meeting, while sterling rose with the Bank...
The latest investor updates on stocks that are trending on Thursday.
- The U.S. dollar slipped lower in early European trade Thursday ahead of a key inflation report later in the session, while strong growth data has boosted...