Forex

Traders trimmed US rate hike bets against the backdrop of a run of softer economic data

Intervention only buys time with more fundamental steps needed to reverse the yen’s downtrend, said Mitsuhiro Furusawa

Data on Wednesday showed US consumer prices increased 0.1 per cent in July, in line with economist expectations

[LONDON] The dollar ticked higher on Wednesday (Aug 12), underpinned by renewed Gulf tensions, with markets focused on upcoming US economic data for signals on the Fed’s policy trajectory.

Weakness has crept back into the Japanese currency as market participants refocus on underlying drivers

The Japanese currency was last at 159.1 per dollar, slightly stronger on the day

[LONDON] The US dollar steadied at a near two-month low on Monday (Aug 10) following Friday’s soft jobs data, as investors awaited this week’s inflation data for more clues on the Federal Reserve’s ra...

[NEW YORK] The greenback fell against major currencies including the yen and euro on Friday (Aug 7) after US employment unexpectedly declined in July, fuelling concerns about the economy’s strength an...

Some ECB officials viewed the US using euros, instead of US dollars, as an unprecedented breach of longstanding conventions