|Day's Range||6.899 - 6.914|
|52 Week Range||6.3558 - 6.9761|
Investing.com -- The U.S. dollar was trading broadly lower early Friday in Europe, amid rising expectations that the Federal Reserve will have to cut interest rates to support the U.S. economy to offset the damage from a widening trade war with China.
Investing.com - The Chinese yuan edged down against the U.S. dollar on Friday in Asia, while the pound traded flat despite reports that U.K. Prime Minister Theresa May might resign within the next day or two.
Investing.com - The British pound fell on Thursday in Asia amid Brexit concerns, while the U.S. dollar inched up after the release of minutes from the last meeting of the U.S. Federal Reserve.
A popular gauge of the U.S. dollar on Wednesday hangs near its highest level in about three weeks, with investors awaiting an account of the Federal Open Market Committee’s most recent policy gathering, which holds the potential for a fresh catalyst for bucks.
Investing.com - The U.S. dollar was steady near three-and-a-half week highs on Wednesday in Asia, while the British pound edged up after U.K. Prime Minister Theresa May presented a “new” Brexit deal.
The Turkish lira on Tuesday was retreating against the U.S. dollar as the government told local banks to slow process currency purchases, a fresh attempt to tamp down speculative bets on lira, according to reports.
Potential gold investors are being left frustrated and sidelined by the yellow metal’s lack of momentum despite an escalating trade war, heightened concern about stability in the Middle East, recent stock market gyrations and the decline of bond yields towards an 18-month low.
Investing.com -- The dollar hit a fresh three-week high against its developed-market peers in early trading in Europe Tuesday, after Federal Reserve Chairman Jerome Powell indirectly argued against cutting interest rates in the near term due to the already-high level of corporate debt.
Investing.com -- The dollar is pushing toward the two-year high it hit in April in early trading in Europe on Monday, after election victories for business-friendly incumbents in Australia and India offset ongoing worries over trade relations between the U.S. and China.
Investing.com - The Chinese yuan rose against the U.S. dollar on Monday in Asia. In a report published late Friday, the People’s Bank of China (PBOC) said they would continue with stimulus while keeping the currency steady.
The British pound remains under pressure as talks between the U.K.’s Conservative and Labour parties collapse without an agreement on how to pursue Brexit. Meanwhile, the Japanese yen finds support as trade-war concerns put renewed pressure on global equities.
Investing.com -- The British pound was hovering just above a four-month low early Friday in Europe, as fears about Brexit returned to haunt the currency after a month of relative calm.
Investing.com - 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.
Crescat Capital enjoyed a huge year in 2018, capitalizing on the December market tumble to post a 41% annual return for its flagship hedge fund — that was good enough to make it one of the biggest winners out there. Can it repeat?
Investing.com - The Australian dollar slid against its U.S. counterpart on Thursday in Asia after data showing that the country's unemployment rate jumped to the highest in eight months boosted expectations for an interest rate cut.
The Greenback slipped drastically over poor US April Retail Sales figures. USD/CNY pair got elevated earlier the day underpinned weaker-than-expected Chinese data.
Between Trump tweets and Chinese whispers via state-controlled media, it can be difficult to pinpoint precisely where things stand in the ongoing battle between the world’s two economic superpowers. Christopher Dembik says the CNYUSD rate is the best proxy we have. Here’s why.
Investing.com - The Chinese yuan and the U.S. dollar were little changed on Wednesday in Asia as traders awaited further news on the Sino-U.S. trade front.
Investing.com - The Chinese offshore yuan lost its initial impetus and traded little changed against the U.S. dollar on Tuesday as China’s central bank supplied liquidity, dampening a rebound from 2019 lows.
Investing.com -- Foreign exchange markets are correcting some of Monday’s sharp movements in early trade in Europe on Tuesday, slowly absorbing the shock of the trade war escalation between the U.S. and China.
Investing.com - The Chinese yuan rebounded on Tuesday in Asia following reports that China’s state-backed funds, also known as the “National Team,”injected cash into the market in an attempt to support local stocks and currency.