Forex News
Euro rebounds modestly after hitting support levels amid Fed speculation
01.12.2023
Euro rebounds modestly after hitting support levels amid Fed speculation
The euro experienced a slight recovery today after a downturn on Thursday, influenced by lower inflation figures in the…
Dollar retreats after PCE data points to cooling inflation; Powell set to speak
01.12.2023
Dollar retreats after PCE data points to cooling inflation; Powell set to speak
Investing.com — The U.S. dollar retreated in early European trade Friday, as a key inflation release added to expectations…
Asia FX muted, dollar rebounds before Powell speech
01.12.2023
Asia FX muted, dollar rebounds before Powell speech
Investing.com— Most Asian currencies kept to a tight range on Friday, while the dollar rebounded from 3-½ month lows…
Dollar recovers from three-month lows; PCE data looms large
30.11.2023
Dollar recovers from three-month lows; PCE data looms large
Investing.com — The U.S. dollar edged higher in early European trade Thursday, but remained near a three-month low ahead…
Asia FX rally stalls on China weakness, dollar steadies before PCE data
30.11.2023
Asia FX rally stalls on China weakness, dollar steadies before PCE data
Investing.com— Most Asian currencies kept to a tight range on Thursday tracking weak economic signals from China, while the…
Bank of Canada faces strong opposition in digital dollar consultations
30.11.2023
Bank of Canada faces strong opposition in digital dollar consultations
CANADA — The Bank of Canada’s recent consultations on the potential introduction of a digital Canadian dollar have unveiled…
CBN upholds old and new Naira notes as legal tender in Nigeria
29.11.2023
CBN upholds old and new Naira notes as legal tender in Nigeria
NIGERIA — In a significant move for the Nigerian economy, the Central Bank of Nigeria (CBN) has announced that both…
Digital bank robberies key risk for central bank e-money, BIS report warns
29.11.2023
Digital bank robberies key risk for central bank e-money, BIS report warns
A man types into a keyboard during the Def Con hacker convention in Las Vegas, Nevada, U.S. on July 29,…
South African rand gains on US Fed’s dovish signals
29.11.2023
South African rand gains on US Fed’s dovish signals
The South African rand strengthened against the dollar today, buoyed by the US Federal Reserve’s dovish comments that signaled…
Dollar stabilizes at low levels; PCE data could determine future direction
29.11.2023
Dollar stabilizes at low levels; PCE data could determine future direction
Investing.com — The U.S. dollar stabilized in early European trade Wednesday, remaining near a three-month low amid growing expectations that…
Asia FX rises on Fed pivot hopes; NZ dollar boosted by hawkish RBNZ
29.11.2023
Asia FX rises on Fed pivot hopes; NZ dollar boosted by hawkish RBNZ
Investing.com— Most Asian currencies rose on Wednesday as less hawkish signals from Federal Reserve officials ramped up hopes for…
UAE and China renew currency swap deal and commit to CBDC development
28.11.2023
UAE and China renew currency swap deal and commit to CBDC development
HONG KONG – The United Arab Emirates and China have reinforced their financial ties with the renewal of a significant…
Dollar edges higher, but near monthly lows ahead of PCE inflation
28.11.2023
Dollar edges higher, but near monthly lows ahead of PCE inflation
Investing.com — The U.S. dollar edged higher in early European trade Tuesday, but remained near a three-month low as…
Dollar dips to November low, yen gains as markets adjust
28.11.2023
Dollar dips to November low, yen gains as markets adjust
In recent currency market movements, the US dollar has softened, touching its lowest point for November. The Bloomberg Dollar…
Asia FX rises as easing Fed fears put dollar at 3-month low
28.11.2023
Asia FX rises as easing Fed fears put dollar at 3-month low
Investing.com— Most Asian currencies advanced on Tuesday amid growing conviction that the Federal Reserve was done raising interest rates,…
Standard Chartered joins digital yuan trials, launches exchange services
28.11.2023
Standard Chartered joins digital yuan trials, launches exchange services
Standard Chartered (OTC:SCBFF) has announced its participation in China’s digital yuan trials, marking a significant step for the international…
Dollar slips ahead of key inflation data; sterling shows strength
27.11.2023
Dollar slips ahead of key inflation data; sterling shows strength
Investing.com — The U.S. dollar drifted lower Monday at the start of a data-packed week, while sterling gained on…
Asia FX inches lower, dollar steady before swarm of economic data
27.11.2023
Asia FX inches lower, dollar steady before swarm of economic data
Investing.com— Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders hunkered down before a string…
Euro gains on dollar with eyes on 1.1000, slips against pound
25.11.2023
Euro gains on dollar with eyes on 1.1000, slips against pound
Currency traders have seen the Euro maintain a bullish stance against the US Dollar today, as it continues to…
AUD/USD hits three-month high amid mixed US economic reports
25.11.2023
AUD/USD hits three-month high amid mixed US economic reports
The Australian dollar reached a three-month peak against the US dollar today, trading at 0.6591, buoyed by a combination…