The U.S. dollar and the Euro traded near flat on Wednesday after U.S. President Donald Trump slammed ECB President Mario Draghi, who earlier in the day hinted at more stimulus money and rate cuts. The U.S. Read more
The U.S. dollar index was unchanged on Wednesday in Asia after U.S. President Donald Trump said the officials of the Federal Reserve “don’t have a clue” on rates. Overnight, Trump tweeted that the euro and other currencies Read more
The offshore yuan fell the most in a week, as China’s central bank chief hinted there’s no line in the sand for the currency and that he’s willing to ease policy to protect the economy from trade-war Read more
The rupee will fall further against the U.S. dollar over the next 12 months than previously thought, hit by slowing growth momentum and an escalating global trade war that has recently threatened to engulf India, Read more
The U.S. dollar was trading near flat on Wednesday in Asia, while the Aussie dollar inched up despite weaker-than-expected GDP data. The U.S. dollar index was little changed at 96.990 by 1:16 AM ET (05:16 GMT) after Read more
The Chinese yuan edged down against the U.S. dollar on Wednesday in Asia following reports that Huawei filed new legal action against Washington. The USD/CNY pair rose 0.1% to 6.9132 by 11:30 PM ET (03:30 GMT). Huawei Read more
The Chinese yuan fell, while the U.S. dollar ticked higher on Tuesday in Asia after U.S. President Donald Trump said Washington is “not ready to make a deal” with China. The U.S. dollar index rose 0.2% to Read more
Don’t sweat the line-in-the-sand stuff. China’s currency will probably weaken beyond 7 per U.S. dollar because economic conditions warrant it and the policy response encourages it. Even in China, fundamentals can’t be ignored indefinitely. Despite Read more
The Australian dollar rallied against the greenback on Monday after a surprise election victory by the country’s conservative government, while the yen eased as risk appetite improved slightly. The dollar index against a basket of currencies was Read more
The U.S. dollar edged down on Friday in Asia but still hovered near a two-week high following the release of robust U.S. housing data and a better-than-expected weekly jobless claims report. The U.S. Dollar index that tracks Read more
