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The dollar was little changed on Monday ahead of several key central bank meetings coming up this week. The Bank of Japan ends a two-day meeting on Tuesday, while the U.S. Federal Reserve concludes its policy meeting on Wednesday and is widely expected to reaffirm the outlook for further gradual rate rises, Read more

The yuan weakened on Friday as the Chinese currency looks set to record a seventh weekly drop, its longest slide since 2015. Meanwhile, the U.S. dollar also slipped on Friday. The USD/CNY pair gained 0.14% to 6.8030 by 12:40AM ET (04:40 GMT). The yuan declined almost 6% since early June as traders Read more

The U.S. dollar slipped to near a two-week low on Tuesday after the U.S. and the European Union agreed steps to avoid trade war, easing immediate global trade tensions. U.S. President Donald Trump reached an agreement with European Commission President Jean-Claude Juncker on Wednesday to expand European imports of U.S. liquefied Read more

The dollar and euro barely moved on Wednesday, ahead of a meeting between U.S. President Donald Trump and European Commission President Jean-Claude Juncker at a time investors are focused on the trade rift between the two economic powers. The dollar index against a basket of major currencies (DXY) stood little changed at Read more

Chinese yuan dropped on Tuesday despite the PBOC’s injection of $74 billion into the country’s banking system the day before in a bid to strengthen the currency. Separately, China’s foreign ministry spokesman Geng Shuang said the country is not looking to boost its exports through devaluing the yuan. “The yuan’s exchange Read more

Treasury Secretary Steven Mnuchin landed in Buenos Aires for a summit on Friday with the risk of a currency war in the air. He left two days later with the world’s top finance chiefs feeling much more at ease. Mnuchin over roughly 48 hours tamped down concern of any shift Read more

The yuan slumped to a more than one year low on Friday while the dollar edged down against major peers after U.S. President Donald Trump expressed concern about the currency’s strength. The yuan fell after China’s central bank set the daily midpoint for onshore trading lower for a seventh straight Read more

The dollar held firm against the yen and other major currencies on Thursday, supported by bullish comments from the U.S. Federal Reserve chairman, which affirmed expectations about the central bank’s possible interest rate moves this year. In closely watched congressional testimony on Tuesday and Wednesday, Fed Chairman Jerome Powell said Read more

   The dollar strengthened on Wednesday as Federal Reserve Chairman Jerome Powell presented a positive assessment of the U.S. economy during his semi-annual congressional testimony on Tuesday. Powell also noted that the central bank is on track to gradually raise interest rate. The U.S. Dollar Index, which tracks the greenback against a basket of currencies, was Read more

 The dollar pared gains against its major peers on Tuesday, edging lower as investors awaited Federal Reserve Chairman Jerome Powell’s first congressional testimony for any clues on the pace of U.S. interest rate rises. Powell will testify on the economy and monetary policy before the U.S. Senate Banking Committee at Read more