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The euro was soft near 13-month lows on Monday as a slide in the Turkish lira sparked a sharp sell-off in the South African rand and boosted demand for safe havens such as the U.S. dollar and the yen. After hitting a record low of 7.24 against the dollar early Read more

China’s yuan strengthened for a second day after the People’s Bank of China (PBOC) reportedly urged the banks to prevent any “herd behavior” and momentum-chasing moves in the forex markets. The USD/CNY pair was down 0.17% to 6.8217 at 1:00AM ET (05:00 GMT). The offshore yuan, on the other, lost momentum as Read more

The U.S. Dollar slipped on Tuesday after advancing earlier in the day and re-approaching the one-year high of 95.44 hit on July 19. The U.S. Dollar Index, which tracks the greenback against a basket of currencies was down 0.02% at 95.17 by 1:30AM ET (05:30 GMT). Overnight, it edged close to Read more

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