Australian dollar slides to 4-mth low as soft GDP fuels rate cut bets
-- The Australian dollar weakened sharply on Wednesday after softer-than-expected gross domestic product data spurred increased bets that the Reserve Bank will cut...
Euro gains as crisis comes to a head; South Korean won cuts losses as martial law lifted
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro rose modestly against the U.S. dollar on Tuesday, as political turmoil in France sent traders scrambling for hedging...
Korean won, ETFs trim losses after SKorea's Yoon says will lift martial law
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The South Korean won came off a more than two-year low against the dollar on Tuesday, while exchange traded funds linked to South...
StanChart predicts dollar strength after early 2025 weakness
Standard Chartered (OTC:SCBFF) released a report forecasting the performance of the US dollar (USD) in the near future. According to their analysis, while a period of weakness is...
USD investor flows turned negative last week, BofA says
-- Investor flows for the US dollar turned negative last week, reflecting shifts in market sentiment and positioning, according to Bank of America. Despite support...
USD strength does not necessarily make dollar a buy, UBS says
-- The US dollar has surged to two-year highs following the recent US presidential election, reversing from its prior lows just two months ago. While the current...
Asia FX under pressure from new US export curbs on China; yuan hits 1-yr low
-- Most Asian currencies extended declines on Tuesday with the Chinese yuan hitting a one-year low, as markets assessed the impact of new U.S. export restrictions...
Euro drops as French government crisis escalates
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro faltered on Monday against a strong U.S. dollar on growing concerns about a possible government collapse in France, which...
Dollar now in overstretched territory after Trump-fueled rally
-- The dollar is now in overstretched territory, following its latest Trump-fueled surge, UBS warned on Monday. "We caution that the dollar's valuation appears...
Euro slides on political turmoil in France
The euro experienced a significant decline against the US dollar on Monday, falling by 1% to a session low of 1.0462, marking a trajectory for its most substantial daily loss since...