Dollar Slips As Banks Rescue Makes Room For Relief Rally
The dollar slipped on Friday as risk sentiment improved after authorities and banks moved to ease stress on the financial system in major markets, taking heat off other major currencies that tumbled e…
Fear Over Bank Turmoil Sparks Flight To Safe Haven Currencies
Safe haven currencies like the U.S. dollar and the yen were in bid on Thursday on renewed fears of a global banking crisis, after contagion from the implosion of U.S.-based Silicon Valley Bank had spr…
Coinbase Opens Local Bank Transfers For Singapore Users At No Cost
Hassan Ahmed, Coinbase's country director for Singapore, told Reuters in an interview the move was part of the company's international expansion strategy. Rivals Crypto.com and Gemini already offer a …
Dollar Loses Steam After Jobless Claims Data; Kuroda Takes Centre Stage In Asia
The dollar paused its ascent on Friday after a rise in jobless claims in the United States implied possibly easing conditions in the labour market and tempered expectations of further aggressive rate …
Dollar Towers On Lingering Effects Of Powell's Testimony
The dollar was perched near a three-month high on Thursday as Federal Reserve Chair Jerome Powell's message that interest rates would have to go higher and possibly faster to tame inflation dominated …
Dollar Advances, Aussie Slides As Australia Economy Slows
The dollar began the month on a strong footing as a higher-for-longer U.S.
Sterling Holds Gains After Rising On UK Trade Deal With EU
The pound held steady on Tuesday, retaining gains overnight after Britain struck a new trade deal with the European Union, which brightened the outlook for the post-Brexit UK economy and signalled imp…
Dollar Firms As Investors Brace For Higher-for-longer Rates Scenario
The dollar stood near a seven-week high against the euro and the Aussie on Thursday, as expectations the Federal Reserve is likely to stay on its aggressive rate-hike path, reinforced by minutes from …
Dollar, Sterling Underpinned By Upbeat PMI Surveys; Kiwi Jumps
The dollar and sterling were buoyant on Wednesday, after a surprise rebound in business activity in the United States and the UK raised the likelihood that their respective central banks would have fu…
Dollar Buoyant As Robust U.S. Data Keep Fed Hawks In Control
The dollar was on the front foot on Monday, supported by a strong run of economic data out of the United States that traders bet will keep the Federal Reserve on its monetary policy tightening path fo…
Dollar Climbs With Treasury Yields On Higher Rate Expectations
The dollar rode U.S. Treasury yields higher on Friday and was eyeing a third straight week of gains, as a bout of resilient economic data out of the United States raised market expectations that more …
Analysis-Why China's Reopening Isn't Inflationary
The world's biggest factory and most populous nation has opened for business after three years, leading to a surge in demand as well as concerns it will add to global inflationary pressures.
Dollar Climbs On Higher Rate Expectations, Aussie Slides On Jobs Shock
The dollar advanced on Thursday after strong U.S. retail sales data underpinned the resilience of the world's largest economy, cementing the case that the Federal Reserve still has further to go in ti…
Dollar Pulls Back As Powell Sticks To Usual Fed Playbook
The dollar eased on Wednesday after Federal Reserve Chair Jerome Powell failed to offer fresh signs of a hawkish pushback against a resilient labour market in the United States, leading investors to b…
Dollar Climbs As Central Banks See Inflation Risks Unwind
The euro and sterling slipped against the dollar on Friday as markets took a dovish cue from policymakers at the European Central Bank and the Bank of England, who said inflationary pressures in their…
