However, a beefy dollar has its downsides, particularly for trade. It can mess with global inflation because as the dollar ...
Although China’s central bank has hinted at plans for more monetary easing, uncertainty over the exact timing of US interest rate cuts and renewed depreciation pressures on the yuan are likely ...
The European Central Bank (ECB) announced on Thursday that it left key rates unchanged following the April policy meeting, as expected. With this decision, the interest rate on the main ...
A gauge of global stocks fell on Wednesday while the dollar weakened against a basket of peers after the Federal Reserve left ...
Japan is reportedly using its dollar reserves to prop up the falling yen.The yen's depreciation is largely due to high US ...
Weak US jobs data triggered USD sell-off as investors bet on slower Fed rate hikes. This, along with Europe's surprising economic strength, boosted the Euro.
Asian shares were mostly higher Friday ahead of a report on the U.S. jobs market, while several major markets including Tokyo ...
Thailand, which launched a major pilot retail central bank digital currency (CBDC) last year, is following up with a ...
One day, Argentina's peso could be a thing of the past. Javier Milei, the victor in last year's presidential race, won the election on a mandate to abolish the country's own currency and replace ...
MUMBAI, May 3 (Reuters) - The Indian rupee is expected to march higher at open on Friday, like its Asian peers, fuelled by ...
Wall Street pointed toward gains early Friday ahead of a report on U.S. employment that is expected to show the economy ...
European and Asian shares are mostly higher ahead of a key report on the U.S. jobs market. Several Asian markets, including Tokyo and Shanghai, were closed for holidays. Oil prices and U.S. futures ...