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Chinese Yuan Hit by Mixed PMIs, Asia FX Eyes Steep Monthly Losses By Investing.com
© Reuters. By Ambar Warrick Investing.com-- China’s yuan fell on Friday following mixed signals from business activity data, while Asian currencies headed for steep monthly losses as a hawkish Federal Reserve and a robust...
September 30, 2022
Dollar Surges Higher, Pound Retreats as BOE Relief Doesn’t Last By Investing.com
© Reuters By Peter Nurse Investing.com - The U.S. dollar resumed its seemingly relentless march higher in early European trading Thursday, while sterling slumped as the relief rally attached to the Bank of...
September 29, 2022
Asia FX Sees Little Relief as Dollar Resumes Climb By Investing.com
© Reuters. By Ambar Warrick Investing.com-- Most Asian currencies fell on Thursday, taking little support from a recent dip in the dollar as fears of rising interest rates and a looming recession kept the greenback...
September 29, 2022
Pound Rises as BoE’s Pill Says Fiscal News Needs “Significant” Policy Response By Investing.com
© Reuters By Geoffrey Smith Investing.com -- The U.K. government's new package of unfunded tax cuts will most likely require higher interest rates, a top Bank of England official said on Wednesday. The outlook for...
September 27, 2022
Sterling Slumps to Record Low; Kwarteng Points to More Tax Cuts By Investing.com
© Reuters. By Peter Nurse Investing.com - The British pound continued to slump in early European trading Monday, falling to a record low against the soaring U.S. dollar as traders doubted the sustainability of...
September 26, 2022
Dollar Stabilizes at Elevated Levels; Yen Gains After Intervention By Investing.com
© Reuters. By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trading Friday, remaining in demand after the Federal Reserve’s hawkish stance, while the yen was buoyant after the intervention...
September 23, 2022
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