Dollar

Macquarie says the prospect of a Democratic win is forcing traders to back away from “Trump trades” including dollar bidding, as Democratic presidential nominee Kamala Harris continues to bring more of a “Kamala mentality” to the White…

Investing.com - The U.S. dollar has been broadly sold off, according to analysts at Bank of America, and further losses remain possible. “Our own flows show broad-based selling of the US dollar so far in August, particularly by hedge funds…

By Ankur Banerjee and Stefano Ribaudo (Reuters) - The dollar hovered near a seven-month low on Tuesday amid bets the U.S. central bank will start cutting interest rates next month, with traders bracing for comments from Federal Reserve…

Most Asian currencies rose on Tuesday, while the dollar held at its lowest level in more than seven months amid growing conviction that the Federal Reserve will cut interest rates in September. The dollar's weakness comes just days before…

Investing.com - The U.S. dollar fell on Monday ahead of the release of minutes from the Federal Reserve's July policy meeting and Fed Chairman Jerome Powell's upcoming speech in Jackson Hole later this week. At 05:40 ET (09:40 GMT), the…

AUDUSD DailyThe Australian dollar rose 50 pips today on its third day of gains. It is at its highest level since July 18, and at levels that would be the highest since January except for the June and July spikes.What is particularly…

By Karen Brittl NEW YORK (Reuters) - The dollar fell to a seven-month low and the Japanese yen hit its highest in more than a week as traders awaited comments from Federal Reserve Chairman Jerome Powell this week that are likely to signal…

SINGAPORE (Reuters) - China's yuan was on track for its biggest gain in two weeks on Monday, benefiting from a broad sell-off in the dollar as investors bet on a U.S. interest rate cut, but it weakened against the strong yen. The Chinese…

The USD/JPY pair isn’t the only one moving so far today. The USD has also fallen against other major currencies, with EUR/USD also in particular focus. The pair is trading at 1.1040 after Friday’s gains and looks set to settle at its…

Citi FX analysts provide insights into the performance of the Australian dollar against various currencies, and predict a challenging path for the Australian dollar. According to the brokerage, the recent sharp drop in the exchange rate…