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By Nafisa Eltahir (Reuters) -Egypt’s pound held steady on Thursday, a day after the central bank let the currency plunge and announced a shift to a more flexible exchange rate…
Investing.com – The U.S. dollar traded on the backfoot Thursday as potential Federal Reserve’s rate cuts appeared to draw nearer, while the euro slipped lower ahead of the latest European…
By Rae Wee SINGAPORE (Reuters) -The yen hit a one-month high against the dollar on Thursday on growing speculation that the Bank of Japan could end negative interest rates this…
Investing.com– The Japanese yen rose to a one-month high on Thursday amid growing conviction that the Bank of Japan was close to raising interest rates, while the dollar curbed recent…
Investing.com – The strengthened against its U.S. counterpart on Tuesday, as a hawkish hold from the Bank of Canada vs. a reaffirmation of upcoming rate cuts fromput pressure on the…
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s peso on the parallel informal market strengthened more than 1.5% against the U.S. dollar on Wednesday, breaking back below the 1,000 per…
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s peso will likely depreciate moderately in the near-term as the campaign for June’s presidential election heats up, while the central bank continues…
By Nafisa Eltahir and Jana Choukeir CAIRO/DUBAI (Reuters) -Egypt’s pound hit a record low on Wednesday after the central bank said it would let the currency trade freely and hiked…
By Vivek Mishra and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) – Emerging market currencies won’t stage significant recoveries against the dollar in the coming six months if the U.S. Federal Reserve remains…
Investing.com – The U.S. dollar slipped lower in early European trade Wednesday, in cautious trading ahead of congressional testimony from Federal Reserve Chair Jerome Powell which should provide more cues…