Forex News

Dollar Edges Lower as Investors Weigh Powell Testimony

Dollar Edges Lower as Investors Weigh Powell Testimony

By Scott Kanowsky   Investing.com — The U.S. dollar slipped slightly on Friday, as investors remained cautious of the impact of tighter…
Hong Kong’s Key Rate Quadruples Within a Month on FX Peg Defense

Hong Kong’s Key Rate Quadruples Within a Month on FX Peg Defense

(Bloomberg) — Hong Kong’s benchmark borrowing cost quadrupled in a month as the city’s de-facto central bank drained liquidity at…
Dollar Down as Recession Fears Grow over Fed’s Hawkish Stance

Dollar Down as Recession Fears Grow over Fed’s Hawkish Stance

By Zhang Mengying Investing.com – The dollar was down on Friday morning in Asia, and is set for its first…
Japan govt spokesperson says caution needed on inflation’s downside risks

Japan govt spokesperson says caution needed on inflation’s downside risks

TOKYO (Reuters) – Close attention is needed to downside risks that price inflation will carry, a Japanese government spokesperson said…
Analysis-Taliban’s isolation makes Afghan earthquake response harder

Analysis-Taliban’s isolation makes Afghan earthquake response harder

2/2 Volunteers from the Al-Khidmat Foundation load sacks of flour on a truck for the people affected by the earthquake…
Dollar Edges Higher, Rebounding After Powell-Inspired Losses

Dollar Edges Higher, Rebounding After Powell-Inspired Losses

By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trade Thursday, stabilizing after earlier losses as…
Dollar Down as Recession Fears Continue to Mount

Dollar Down as Recession Fears Continue to Mount

By Zhang Mengying Investing.com – The dollar was down on Thursday morning in Asia amid rising concerns of slowing economic…
S.Korean won weakens past 1,300 per dollar first time in 13 years

S.Korean won weakens past 1,300 per dollar first time in 13 years

South Korean 10,000 won note is seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South…
Crypto giant Tether to launch sterling-pegged stablecoin

Crypto giant Tether to launch sterling-pegged stablecoin

FILE PHOTO: Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado…
Dollar Gains Ahead of Powell’s Testimony; U.K. CPI Hits 40-Year High

Dollar Gains Ahead of Powell’s Testimony; U.K. CPI Hits 40-Year High

By Peter Nurse Investing.com – The U.S. dollar pushed higher in early European trade Wednesday with Fed Chair Jerome Powell…
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