The New Zealand dollar rose against the U.S. dollar following comments by Reserve Bank of New Zealand (RBNZ)’s Governor Adrian Orr. The New Zealand dollar traded 0.4% higher against the U.S. dollar after Orr told Read more
The U.S. dollar was largely unchanged on Thursday in Asia. The U.S. Federal Reserve’s July 30-31 meeting minutes released overnight received some focus. The minutes showed that officials saw the central bank’s rate cut last Read more
The U.S. dollar was near flat on Wednesday in Asia, while the Euro was also largely unchanged as Italy’s Prime Minister quit. The U.S. dollar index that tracks a basket of other currencies was little Read more
Risk sentiment returned to the foreign exchange markets early Friday in Europe, with the Swiss franc and yen retreating against the dollar, and the dollar retreating against the pound as a week of turbulent newsflow Read more
The Japanese yen rose on Wednesday in Asia despite positive trade news. Underperforming Chinese data and a political crisis in Hong Kong supported the safe-haven currency. The USD/JPY pair fell 0.2% to 106.50 by 1:23 AM ET Read more
Australia’s back-to-back interest-rate cuts are flowing through the financial system and into the economy, while the falling currency should provide a similar stimulus to sustained declines of previous years, a senior Reserve Bank official said. Read more
The safe-haven yen gained on Monday in Asia amid concerns surrounding the Sino-U.S. trade war. The USD/JPY pair dropped 0.2% to 105.42 by 1:39 PM ET (05:39 GMT). On Friday, U.S. President Donald Trump said he was Read more
The dovish turn sweeping the global economy gathered pace Wednesday as New Zealand shocked markets with a half-percentage point interest-rate cut, sending its currency tumbling. Reserve Bank Governor Adrian Orr and his policy committee eased Read more
Chinese state media stuck to the government’s line on the yuan’s weakening, saying the move was normal while stressing the economic benefit of some flexibility in the currency. The yuan falling beyond 7 a dollar Read more
China on Monday let the yuan tumble beyond the key 7-per-dollar level for the first time in more than a decade, in a sign Beijing might be willing to tolerate further currency weakness in the Read more
