The yen gained against its peers on Monday, touching a six-week peak versus the dollar, as fears in markets of a global economic slowdown fueled demand for the Japanese currency. The yen, a perceived safe-haven which attracts demand times of market turmoil and political tensions, was 0.15 percent higher at Read more
The British pound is recovering in early trade in Europe on Friday from a buffeting Thursday after the European Union agreed to only a minimal extension of the deadline for Brexit. At 04:00 AM ET (0800 GMT), the GBP/USD pair was at 1.3144, having fallen briefly below 1.31 on Thursday as the Read more
The U.S. dollar edged up on Wednesday in Asia as Sino-U.S. trade optimism faded following reports that U.S. officials are concerned Beijing might refuse to accept U.S. demands in trade talks. The U.S. dollar index that measures the greenback against a basket of other currencies edged up 0.1% to 95.920 by 12:23 Read more
The dollar was under pressure on Tuesday, weighed by growing expectations the Federal Reserve would shift to a more accommodative policy stance this week and concerns about slower U.S. economic growth. The dollar index, which measures the greenback against a basket of six major currencies, was a shade lower at 96.495, Read more
The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain’s exit from the European Union. The dollar’s index against a basket of six major Read more
The British pound paused for breath on Friday after the UK parliament voted overwhelmingly to seek a delay in Britain’s exit from the European Union while the yen looked to the Bank of Japan’s guidance on its policy later in the day. Sterling fetched $1.3253, having slipped further from Wednesday’s Read more
The British pound fell on Thursday in Asia after U.K. lawmakers voted to reject leaving the EU without a withdrawal agreement. The yuan also slid following the release of below-forecast factory output data. On Wednesday, U.K. lawmakers voted by 312 to 308 for an amendment that ruled out the U.K. Read more
The pound edged up on Wednesday after turbulence following the defeat of British Prime Minister Theresa May’s European Union exit deal, but investors braced for more volatility ahead of additional Brexit proceedings. The British Parliament on Tuesday rejected May’s deal to quit the European Union for a second time, deepening Read more
The pound may end the day anywhere in a range of 10 percent given the gulf between possible outcomes to Tuesday’s Brexit vote, according to strategists. Sterling may slide as much as 8 percent if U.K. lawmakers dismiss Prime Minister Theresa May’s latest Brexit deal with the European Union when Read more
 Forex traders are paying close attention to the European Central Bank’s (ECB) policy review later on Thursday, to see what it will do to cushion a slowdown in the Eurozone economy. Traders are also keeping an eye on U.S. President Donald Trump’s newfound eagerness to forge a final trade deal Read more
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