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U.S. DOLLAR RESERVE CURRENCY
Fitch keeps United States at 'AA+', cites economic resilience amid fiscal risksFitch has affirmed the United States’ sovereign credit rating at “AA+” with a stable outlook, citing its large economy, high per-capita inc...
Yen's slide to weekly loss prompts bets for another interventionThe Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key ...
Dollar treads water as Fed hike bets pared on benign US inflationThe dollar's advance stalled on Thursday after benign U.S. inflation data emerged. Traders pared back bets for a near-term Federal Reserve ...
Rupee nudges up on RBI intervention; investors eye inflation dataThe Indian rupee finished the day marginally higher, propelled by ongoing tensions in the Middle East. Continuous interventions from the ce...
Dollar subdued as markets await US inflation data for Fed cluesAs Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from th...
Rupee retreats to near two-week low, closes at 95.43 vs USD as US-Iran standoff pushes oil higherThe Indian rupee tumbled to a two-week low on Tuesday as surging oil prices and waning optimism regarding a U.S.-Iran deal pressured the cu...
Yen steadies as intervention boost fades; RBA in focusAfter experiencing a significant drop, the yen managed to stabilize, leaving traders skeptical about the success of the cooperative interve...
Dollar near two-month trough as US inflation data awaitedThe US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and ste...
Dollar drops as weak US jobs data pushes out Fed hike expectationsThe US dollar lost ground against key currencies due to unexpected job losses in July, raising fears about economic stability. As a result,...
Gold hits seven-week high as weak U.S. jobs data dents rate hike betsGold prices reached a seven-week high on Friday owing to surprising job losses in the United States that lowered the likelihood of upcoming...
Global Market: Japan reveals record $40 billion yen-buying intervention as currency pressure persistsJapan carried out its largest-ever single-day currency intervention, deploying nearly $40 billion to support the yen amid sharp depreciatio...
Dollar drifts higher as traders eye Iran talks ahead of US jobs dataThe dollar surged on Friday, gaining strength over the yen and euro as uncertainties regarding a peace deal in Iran heightened demand for s...
Yen and dollar drift on Iran deal concerns, payroll jittersOn Thursday, currency markets exhibited a sense of caution as traders monitored impending economic data. The Japanese yen battled to uphold...
Gold touches seven-week high on Strait of Hormuz reopening hopesGold's ascent continued on Thursday, marking the fourth day of increases and reaching a seven-week high. This rally was driven by a softer ...
Rupee sails past 95 to one-month high, premiums drop before RBI decisionThe Indian rupee hit a peak not seen in a month this Wednesday, thanks to lower oil prices and a dip in the U.S. dollar value. As forward p...
Yen finds footing after intervention, dollar near 6-week low on Mideast hopesCurrency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dolla...
Gold ticks up on softer dollar, focus on US jobs dataOn Wednesday, gold prices experienced a modest uptick as the dollar lost strength. Investors are keenly anticipating important US jobs data...
US Treasury Secretary Scott Bessent suggests Federal Reserve should consider raising FIMA liquidity facilityUS Treasury Secretary Scott Bessent suggested increasing a key emergency liquidity facility. This facility helps stabilize the Japanese yen...
Dollar steadies as Fed holds rates, US strikes IranThe US dollar strengthened in Asian trading after the Federal Reserve maintained its interest rate. Geopolitical developments, including ai...
Dollar holds steady as Fed decision loomsThe U.S. dollar reached a one-month high due to Middle East hostilities. Traders awaited the Federal Reserve's interest rate decision later...