The U.S. dollar was on track for its most significant weekly decline since late July on Friday, as investors grew more confident in the prospect of additional monetary easing by the Federal Reserve in December, compounded by the reduced liquidity from Thursday’s U.S. holiday. An outage caused by a cooling issue at data centres disrupted Read More
The dollar firmed slightly on Monday as investors braced for the release of a slew of U.S. economic data following the ending of the government’s shutdown, hoping it will add clarity to the Federal Reserve’s rate outlook in December. Market reaction to U.S. President Donald Trump’s tariffs U-turn on more than 200 food products was Read More
The dollar faced instability on Friday, poised for a weekly decline, as investors anticipated a surge of U.S. data in the wake of the government’s reopening, which is expected to indicate a weakening economy. During the session in Asia, there were significant fluctuations in currencies, particularly with notable movements in the British pound and the Read More
The dollar softened on Thursday following the signing of a deal by U.S. President Donald Trump to conclude the government shutdown, while the yen reached a historic low against the euro after Japan’s new prime minister expressed a desire for the central bank to adopt a cautious approach to rate increases. The pound experienced a Read More
