The US dollar slipped for a third consecutive day on Friday (July 12) as data showing an unexpected increase in consumer price inflation in June, failed to shake investors' convictions that the Federal Reserve will deliver a rate cut as early as this month.
The Australian dollar climbed against its major counterparts in the Asian session on Thursday (June 27), as major stock markets in the Asia-Pacific region rose following news that the US and China agreed to a tentative truce in their trade war ahead of the G20 leaders' su
South Africa's Rand (ZAR) rose by 2% against both the British Pound and the U.S. Dollar on Tuesday (June 18), with a global rally ignited by dovish commentary from European Central Bank (ECB) President Mario Draghi.
The Indian rupee, one of Asia's worst performing currencies last year, advanced on Thursday against the U.S. dollar, after the Reserve Bank of India (RBI) cut key policy rates for the third time in just four months and signaled more easing ahead.
The British pound remained on the back foot versus a basket of major peer currencies into Friday's session, as Brexit jitters continue to dent investor sentiment.
The Brazilian real will turn more unstable as it becomes increasingly exposed to a pending discussion of a plan to overhaul the country’s costly social security system that is proving hard to sell in a divided Congress, a Reuters poll showed.
The Japanese yen gained on Tuesday (April 9) as traders favoured the safe-haven currency after the US announced it was considering tariffs on $11 billion of selected EU goods and the International Monetary Fund cut its global growth forecast for 2019 to 3.3% from 3.5%.
Chinese foreign exchange reserves, the world’s largest, rose by $2.26 billion from a month earlier to $3.090 trillion in February 2019, data from the People's Bank of China (PBOC) showed, beating market expectations of $3.087 trillion and marking the highest level since A
The Czech coruna is expected to gain almost 2 percent against the euro in the coming year as the Czech National Bank (CNB), Central Europe’s most hawkish, keeps raising interest rates to fight inflation, a Reuters poll predicted.
The Serbian dinar (RSD) will remain steady against the single currency on Tuesday, making the official medium exchange rate RSD 118.2437 for one euro, the National Bank of Serbia (NBS) said in a statement.
