dollar
The Mexican peso continues to break records, appreciating its strongest level against the dollar in almost nine years at 16.44. “The U.S. currency has lost value against all other currencies because there’s a lot of dollars in circulation,” Jorge Fonseca, an economist in Tijuana, told NBC 7’s sister station Telemundo 20. However, these fluctuations generated […]
By Tom Westbrook SINGAPORE (Reuters) – The dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve Chair Jerome Powell as reassuring on the likelihood of interest rate cuts this year while waiting for the latest U.S. labour market readout. An unexpected slowdown in U.S. services growth also supported cut […]
By Samuel Indyk and Brigid Riley LONDON (Reuters) -The U.S. dollar was a touch softer on Wednesday, as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central Bank’s policy announcement on Thursday. Meanwhile, bitcoin was picking up a head of steam […]
Bitcoin—alongside the wider ethereum, XRP . . .
Ahead of the outcome, the offshore yuan edged marginally lower to 7.2143 per dollar. The greenback last bought 150.25 yen, having already surpassed the psychological 150 per dollar level for six straight sessions and prompting warnings from Japanese officials in a bid to stabilize the currency. Higher-than-expected U.S. producer prices and consumer prices data last week further . . .
(Bloomberg) — European stocks and US futures retreated, while the dollar rose to a one-month high and bonds fell as the market digested the latest comments from central bank officials pushing back against bets on aggressive interest rate cuts. Most Read from Bloomberg The Stoxx Europe 600 index headed for a five-week low, with retailers […]
Vanishing Turkish Currency: 1 Turkish Lira with the Portrait of Kemal AtatürkTurkish Manuel Augusto Moreno | Moment | Getty Images The Turkish lira hit a fresh record low against the U.S. dollar on Thursday, trading at 30.005 to the greenback just before noon local time. It marks the first time that the lira has broken […]
Share: Here is what you need to know on Tuesday, January 9: After struggling to find demand during the American trading hours on Monday, the US Dollar seems to have stabilized early Tuesday, with the USD Index fluctuating above 102.00. Eurostat will release the Unemployment Rate data for November. Later in the day, November […]
Egypt’s black market exchange rate for the US dollar reached a record high of 53 Egyptian pounds amid calls for the cash-strapped North African country to devalue its currency. The latest rise in the black market price of the US dollar is due to a worsening in recent weeks of an FX crunch that has […]
A trader counts new 2,000-rupee notes at a wholesale vegetable market in Bangalore, IndiaAP Photo/Aijaz Rahi India’s efforts to achieve increased international acceptance for its currency are floundering. No oil trades were settled in rupees during the financial year 2022-2023, the Press Trust of India reported. Countries from China to Russia and India have been […]