Economy8 hours ago (Jun 10, 2020 06:20AM ET) (C) Reuters. FILE PHOTO: A man counts U.S. dollar banknotes next to Lebanese pounds at a currency exchange shop in Beirut BEIRUT (Reuters) – Lebanon’s battered pound currency has slid to fresh lows against the U.S. dollar despite a new pricing system Beirut hopes can rein in […]Read More
Forex11 hours ago (Jun 10, 2020 03:06AM ET) (C) Reuters. By Peter Nurse Investing.com – The dollar was weaker in early European trade Wednesday, with investors wary ahead of the latest meeting of the Federal Reserve. At 3:05 AM ET (0705 GMT), the dollar index, which tracks the greenback against a basket of six other […]Read More
Forex14 hours ago (Jun 09, 2020 11:50PM ET) (C) Reuters. By Gina Lee Investing.com – The dollar was up on Wednesday morning in Asia on the back of eagerly-awaited details from a U.S. Federal Reserve policy meeting scheduled for later in the day. Although investors expect no major changes, the Fed could announce steps to […]Read More
Forex5 hours ago (Jun 09, 2020 08:50PM ET) (C) Reuters. By Stanley White TOKYO (Reuters) – The dollar nursed losses against most currencies on Wednesday amid some speculation the U.S. Federal Reserve could take steps to curb a recent rise in bond yields at its policy meeting. The Australian and New Zealand dollars pulled back […]Read More
Forex12 hours ago (Jun 09, 2020 02:17PM ET) (C) Reuters. By Yasin Ebrahim Investing.com – The U.S. dollar has continued to cede ground against its rivals, slipping to three-month lows on Tuesday, but it is unlikely to languish at lows for long as a slower-than-expected global economic recovery will see demand for the world’s reserve […]Read More
Forex13 hours ago (Jun 09, 2020 01:09PM ET) (C) Reuters. History Shows Dollar’s Worst Rout Since 2006 Extending After Fed (Bloomberg) — Traders looking to short the dollar have history and monetary policy on their side as seasonal trends and a dovish Federal Reserve align, further sapping demand for the currency suffering its longest losing […]Read More
Forex15 hours ago (Jun 09, 2020 11:36AM ET) Kyle Bass Eyes 200-to-1 Leverage for New Bet on Hong Kong Crash (Bloomberg) — Kyle Bass is going for broke on a currency trade that has burned bearish speculators for more than three decades. The Dallas-based founder of Hayman Capital Management is starting a new fund that […]Read More
Forex9 hours ago (Jun 09, 2020 04:00AM ET) 2/2 (C) Reuters. FILE PHOTO: The Federal Reserve on Mayday in Washington 2/2 By Stanley White TOKYO (Reuters) – Japanese investors have clipped the wings of a resurgent U.S. dollar as they position for the likelihood that the U.S. Federal Reserve will take steps to flatten the […]Read More
Forex10 hours ago (Jun 09, 2020 03:05AM ET) (C) Reuters. By Peter Nurse Investing.com – The dollar pushed slightly higher in early European trade Tuesday, but ranges are tight as investors look to the next meeting of the Federal Reserve for guidance. At 3:05 AM ET (0705 GMT), the dollar index, which tracks the greenback […]Read More
Forex12 hours ago (Jun 09, 2020 01:04AM ET) (C) Reuters. By Gina Lee Investing.com – The dollar was up on Tuesday morning in Asia, with investors awaiting the next moves from the U.S. Federal Reserve ahead of its policy meeting. The U.S. Dollar Index that tracks the greenback against a basket of other currencies gained […]Read More
