Dollar retains strength ahead of CPI, Fed speakers; euro heads lower
- The U.S. dollar rose Monday, continuing the positive tone generated by the new Trump presidency ahead of the release of key inflation data and with a number of...
Asia FX muted as China stimulus underwhelms, dollar steady with CPI in focus
-- Most Asian currencies moved in a small range on Monday (NASDAQ:MNDY) as traders took little cheer from more fiscal spending in China, while the dollar steadied...
Vietnam central bank ready to sell U.S. dlrs to keep exchange rate stable
HANOI (Reuters) - Vietnam's central bank is ready to sell U.S. dollars to the market to keep the exchange rate stable, Governor Nguyen Thi Hong said on Monday (NASDAQ:MNDY). ...
3 EM currency trades to consider
-- With the U.S. presidential election concluding, Alpine Macro (BCBA:BMAm) has suggested three emerging market (EM) currency trades, especially if the Trump...
Dollar on track for weekly gain after Trump election win
By Karen Brettell and Stefano Rebaudo (Reuters) -The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of...
Dollar set for small weekly gains after Fed rate cut
- The U.S. dollar steadied Friday, set to end a volatile week with small gains as traders digested the implications of a new Trump presidency as well as benign...
Asia FX steadies as dollar slides after Fed cuts interest rates
-- Most Asian currencies steadied on Friday after clocking sharp gains in the prior session, while the dollar nursed some losses after the Federal Reserve cut interest...
Japan spent $20.7 billion on currency intervention on July 11
TOKYO (Reuters) - Japan spent 3.168 trillion yen ($20.69 billion) on dollar-selling intervention on July 11 and 2.367 trillion yen on July 12, quarterly data from the Ministry of...
Dollar drops as Fed cuts rates, traders unwind some Trump trades
By Karen Brettell and Amanda Cooper (Reuters) - The dollar held onto earlier losses on Thursday after Federal Reserve Chair Jerome Powell failed to offer any strong clues that the...
Buy USD dips tactically after Trump win, Citi says
-- Citi strategists encouraged investors to “buy US dollar dips tactically” in the wake of Donald Trump’s win in the elections. The bank expects the greenback to see...