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Pound Falters on Reports of Kwarteng Dismissal Ahead of Truss Announcement By Investing.com

© Reuters By Geoffrey Smith  Investing.com -- The fell and U.K. government bonds extended their rally on Friday after reports that Prime Minister Liz Truss will fire Kwasi Kwarteng as Chancellor of the...

Dollar Stabilizes, Pound Retreats; U.K. Government to Rein in Tax Cuts? By Investing.com

© Reuters By Peter Nurse Investing.com - The U.S. dollar stabilized in early European trading Friday after the release of another hot U.S. inflation number, while sterling retreated from sharp overnight gains amid speculation...

Asia FX Takes Little Relief From Post-CPI Risk Rally By Investing.com

© Reuters. By Ambar Warrick Investing.com-- Most Asian currencies fell on Friday and were set to end the week lower as hotter-than-expected U.S. inflation drove up fears of more hawkish interest rate hikes...

Citi Says EUR/USD Could Hit 0.86 By Investing.com

© Reuters. Citi Says EUR/USD Could Hit 0.86 By Senad Karaahmetovic The persistently strong U.S. dollar continues to create headwinds for businesses that have high international exposure. The has settled below parity for a...

Dollar Edges Higher Ahead of CPI Data; Sterling Weakens By Investing.com

© Reuters By Peter Nurse Investing.com - The U.S. dollar traded in a tight range in early European trading Thursday ahead of the release of widely-watched U.S. inflation data, while sterling edged lower ahead...

Asia FX Moves Little in Anticipation of Red-Hot U.S. Inflation By Investing.com

© Reuters. By Ambar Warrick  Investing.com-- Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key data that is expected to show U.S. CPI inflation...
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