Forex News

China boosts support for yuan, increases overseas borrowing limits

China boosts support for yuan, increases overseas borrowing limits

Investing.com — In a bid to bolster its weakening currency, China has unveiled plans to store more dollars in Hong…
Dollar retains strength ahead of CPI release; sterling weakens again

Dollar retains strength ahead of CPI release; sterling weakens again

Investing.com — The US dollar rose Monday, remaining at elevated levels after the stronger-than-expected US payrolls data, while sterling continued…
Asia FX weakens as dollar surges to 26-mth peak on rising rate jitters

Asia FX weakens as dollar surges to 26-mth peak on rising rate jitters

Investing.com— Most Asian currencies weakened on Monday, seeing sustained pressure from strength in the dollar as stronger-than-expected U.S. payrolls data…
Time to short dollar as latest surge suggest ‘Trump trade’ now priced in

Time to short dollar as latest surge suggest ‘Trump trade’ now priced in

Investing.com — The U.S. dollar index surged to multi-year highs on Friday, hitting a level that an expert said would mark the pricing in…
UK fiscal position is sterling’s «Achilles’ Heel» — BoA

UK fiscal position is sterling’s «Achilles’ Heel» — BoA

Investing.com — The recent surge in UK gilt yields has highlighted the fragility of sentiment towards the country’s fiscal position,…
Dollar retains strength ahead of payrolls; sterling slips again

Dollar retains strength ahead of payrolls; sterling slips again

Investing.com — The US dollar edged higher Friday, holding on to recent gains ahead of the release of the highly…
Hong Kong sees no need to change US dollar-pegged currency system

Hong Kong sees no need to change US dollar-pegged currency system

HONG KONG/SHANGHAI (Reuters) — Hong Kong has no intention and sees no need to change the system that pegs the…
Will LDP defeat weaken or strengthen the yen?

Will LDP defeat weaken or strengthen the yen?

Investing.com — The Japanese general election over the weekend saw a political shakeup with the loss of the ruling bloc’s…
Asia FX surges, dollar sinks on Fed’s rate cut signals

Asia FX surges, dollar sinks on Fed’s rate cut signals

  Investing.com— Most Asian currencies rose sharply on Thursday, while the dollar tumbled from two-week highs after comments from the…
Dollar strengthens ahead of Fed decision; sterling slips after CPI

Dollar strengthens ahead of Fed decision; sterling slips after CPI

  Investing.com — The U.S. dollar rose in European trade Wednesday ahead of the Federal Reserve latest policy decision, while…
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