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The dollar eased back weekly gains on Friday, as news that U.S. President Donald Trump had spoken to Chinese President Xi Jinping increased investor appetite for riskier assets and traders waited for jobs data later in the session. The U.S. dollar index, which measures the greenback’s strength against a basket of Read more

The British pound rose on Thursday on reports that UK Prime Minister Theresa has struck a deal with the European Union on financial services. The GBP/USD pair was up 0.69% at 1.2854 by 12:30 AM ET (04:30 GMT), while the EUR/USD pair also gained 0.3%. Citing government sources, the Times reported on Thursday that May and Read more

The Australian dollar slipped against the U.S. dollar on Wednesday after a weak-than-expected inflation reading, while the Japanese yen was little changed after the Bank of Japan issued its latest monetary policy statement. The Australian Bureau of Statistics said on Wednesday that consumer prices in Australia were up 0.4% on quarter in Read more

The Chinese yuan dipped on Tuesday and traded near two-year lows following reports that U.S. President Donald Trump was considering imposing tariffs on all remaining Chinese imports by December. The yuan moved closer to the key level of 7.0000 per dollar as the USD/CNY pair inched up 0.2% to 6.9699 by 11:30 Read more

The dollar traded slightly higher on Monday and hovered near two-month highs on a stronger-than-expected third-quarter GDP report. The U.S. dollar index that tracks the greenback against a basket of other currencies was up 0.08% to 96.24 by 12:08 AM ET (04:08 GMT). The U.S. economy grew at a 3.5% annualized rate, the Read more

The dollar traded in tight ranges against most of its peers on Friday as investor appetite for riskier assets remained shaky while the euro stayed near two-month lows after the European Central Bank failed to convince markets that rates would rise. U.S. stocks climbed on Thursday after the massive sell-off Read more

The Japanese yen rose against the dollar on Thursday as a rout on Wall Street and weak European and U.S. economic data dented global risk sentiment, sending investors scurrying to safe-haven assets including government bonds. The yen <jpy=>, seen as a safety-bet during times of market turmoil and economic stress, advanced Read more

The dollar edged down on Wednesday while the Japanese yen also slipped as U.S. stocks fell on disappointing corporate results. The U.S. dollar index that tracks the greenback against a basket of other currencies was down 0.06% at 95.70 by 1:00 AM ET (05:00 GMT). Overnight, the Dow Jones Industrial Average fell by 125.98 Read more

The Japanese yen, a safe haven in uncertain times, firmed against the dollar on Tuesday, as the euro and sterling suffered due to doubts over Italy’s budget spending and over British Prime Minister Theresa May’s future with Brexit talks stalled. The dollar weakened 0.21 in Asian trade to <jpy=>trade at 112.55 Read more

The Chinese yuan slipped on Monday amid reports that U.S. is considering changing its currency test that determines which nations are manipulating their currencies. The move could finally give U.S. President Donald Trump the chance to name China a forex manipulator, Bloomberg reported, adding that the U.S. could use a Read more