Brazil's income tax exemption plan sends currency to fresh lows
By Marcela Ayres BRASILIA (Reuters) -Brazil's government on Thursday detailed spending cuts aimed at achieving more than 70 billion reais ($11.8 billion) in savings over the next...
Euro eases, dollar perks up in muted holiday trade
By Medha Singh and Tom Westbrook (Reuters) -The euro dipped against the dollar on Thursday as traders reined in bets of more interest rate cuts by the European Central Bank, while...
Asia FX slips, dollar steady on rate uncertainty; S.Korean won slides on BOK cut
-- Most Asian currencies edged lower on Thursday as the dollar steadied amid growing uncertainty over the path of U.S. interest rates, while the South Korean won fell...
Dollar falls amid economic data dump before long weekend
By Alden Bentley NEW YORK (Reuters) -The dollar fell broadly on Wednesday in thin pre-holiday trade, digesting a slew of indicators that underscored U.S. economic resilience while...
US dollar could pull back amid central bank 'bonanza'
-- The US dollar may experience a temporary pullback in December as a wave of central bank meetings unfolds, according to Citi analysts. Nine of ten G10 central...
Russian central bank intervenes as rouble tumbles past 110 to the dollar
By Gleb Bryanski and Alexander Marrow MOSCOW (Reuters) -Russia's central bank said on Wednesday it would stop foreign currency purchases in order to ease pressure on the financial...
Analysis-Euro's bruising leaves global investors on edge
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) -As the euro heads for its worst month since early 2022, analysts warn that a wild ride in the currency could be the next...
Dollar drifts lower ahead of key inflation release
- The US dollar retreated Wednesday, consolidating against its major peers ahead of the release of a key US inflation figure later in the session. At 04:45 ET...
Asian FX steady after Trump's tariff pledge; dollar muted before key US data
-- Most Asian currencies were largely unchanged on Wednesday, while the Japanese yen firmed against the dollar as markets were worried about the implications of new...
Japanese yen expected to slide as US policy drives dollar higher - BofA
-- Bank of America Global Research (BofA) maintains a bearish stance on the Japanese yen (JPY) heading into 2025, projecting the USD/JPY exchange rate to reach 160...