Asia FX fragile; dollar set for stellar week on rate uncertainty, Trump trade
-- Most Asian currencies moved little on Friday and were nursing losses for the week, while the dollar steadied at a one-year peak and was set for a strong week as...
US Treasury finds no currency manipulation by major trading partners
By David Lawder WASHINGTON (Reuters) -No major U.S. trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday in the Biden...
Dollar retains strength against peers on Trump trade
By Chibuike Oguh and Alun John NEW YORK (Reuters) - The U.S. dollar strengthened against major peers on Thursday, trading at a one-year high and headed for a fifth straight...
UBS raises USD/JPY forecast, says another jump to 160 is possible
-- UBS has raised its forecast for the USD/JPY in a note Thursday, expecting significant fluctuations in the exchange rate over the coming year. The bank now projects...
Sterling squashed by dollar steamroller, traders watch out for Reeves' speech
LONDON (Reuters) - The pound dropped to its lowest against the dollar since early July on Thursday, brushed aside by the U.S. currency's relentless rise following Donald Trump's...
Dollar climbs to one-year peak; Powell's speech in focus
- The U.S. dollar pushed further higher Thursday, climbing to a one-year peak after consumer inflation data raised doubts over the extent of Fed interest rate cuts,...
Why is the euro falling and could it hit $1?
LONDON (Reuters) -The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump's U.S. election win raises the prospect of a hike in tariffs...
Bears pounce on Asian currencies on Trump tariff concerns: Reuters poll
By John Biju and Sameer Manekar (Reuters) - Investors sharply ramped up their short bets on Asian currencies and turned bearish on the Singapore dollar for the first time since...
Asia FX weak as dollar surges to 1-year high on sticky inflation; Powell awaited
-- Most Asian currencies weakened on Thursday, while the dollar rose to a one-year high on data showing continued stickiness in U.S. inflation, with focus now turning...
Dollar hits one-year high on Trump trades
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar advanced to one-year high against major currencies on Wednesday powered by so-called Trump trades and after U.S. inflation for...