AUD/USD Jumps on China's Market Boost
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AUD rallies on PBOC moves: Boost from China's stock market and economic policies.
Chinese market impact…
Yuan Surpasses Dollar in Russian Trades
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PBoC sets USD/CNY rate at ¥7.0979, close to estimates.
Yuan transactions in Russia hit forty-two per…
The Yuan's Swift Rebound: Navigating the USD/CNY Dynamics
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The USDCNY pair dramatically dropped below 7.2, signalling a sharp strengthening of the…
USD/CNY Breaks 7.2 Amid Global Currency Shifts
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The dollar index and dollar index futures ascended by 0.8% and 0.2%, respectively, in Asian trade on…
China's Yuan Surges to 3-Month High Against USD
China's economic landscape is witnessing a significant shift as its currency, the yuan, soars to a remarkable…
USD to CNY Breaks Out to New Highs: Case for Further Upside
USD/CNY, the exchange rate between the US Dollar and the Chinese Yuan, has surged to new highs. That is…
As Ukraine Fuels Caution, the Dollar Floats
Russian news report of mortar fire in eastern Ukraine jangled market nerve; it bolstered the appeal of safe-haven bets.…
Kazakh State Sells $1.3 Billion Worth of Foreign Currency
Last month, Kazakhstan's central bank and state-owned enterprises sold a total of $1.283 billion in…
Dollar Down
The dollar was lower in Asia on Friday morning. However, it was on track for its best week in seven months. After investors increased bets on multiple…
Dollar Down ahead of U.S. inflation data
In Asia on Friday morning, the dollar slumped ahead of U.S. inflation data, which could signal when the Federal Reserve…
Dollar Up, gains from euro's fall
The dollar was higher in Asia on Friday morning. It is on track for the second week of gains against the euro. The question now is…
Dollar near 16-month high
On Tuesday, the dollar held just below a 16-month high against the euro. At the same time, the yuan rose to its highest level in more than…
Dollar edges lower in early European trade
The dollar fell in early European trade Monday, retreating from Friday's highs ahead of important U.S. inflation data…
Dollar Down, Investors are focused on Interest Rates
On Wednesday morning, the dollar was lower in Asia, but it was still close to the year's highs against the euro…
U.S. Dollar Fell as Investors Analyzed Powell’s Speech
The U.S. dollar fell on Monday morning in Asia, as investors continued to digest Jerome Powell’s dovish…
Dollar Steadies; Fed Minutes Eyed
The dollar held its footing versus key peers on Monday. Disappointing Chinese monthly activity data helped the greenback recoup…
Dollar hovers below the recent highs ahead of Fed meeting
The U.S. dollar hovered below the recent highs of July 27 as investors turned to this week's Federal…