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The dollar held firm against a basket of its peers on Monday after U.S. job data reinforced investors’ expectations the Federal Reserve will gradually raise interest rates this year. The dollar, which measures the greenback against a basket of six other major currencies, was about 0.1 percent higher at 95.259, Read more

The dollar firmed against a basket of currencies on Friday and hit a more than 14-month high against the yuan, with markets gripped by worries over escalating trade tensions between the United States and China. China vowed on Thursday to retaliate if the U.S. acted on a threat to raise Read more

 Oil prices advanced on Thursday despite data from the Energy Information Administration (EIA) showed an unexpected build in crude supplies. Inventories of U.S. crude rose by 3.803 million barrels for the week ended July 27, confounding expectations for a draw of 2.794 million barrels, according to data from the EIA. Read more

 The U.S. dollar edged up against the yuan and growth-leveraged currencies on Wednesday after a source familiar with the Trump administration’s plans said the White House was about to propose higher tariffs on $200 billion in Chinese imports. The news came as a survey showed China’s factory sector grew at Read more

The U.S. dollar rose against the yen on Tuesday after the Bank of Japan made small tweaks to policy rather than more drastic changes that some traders in the market had anticipated, before paring those gains. The dollar reached a one-week high of 111.44 yen <jpy=>, rising about 0.3 percent shortly Read more

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