Dollar stabilizes amid hawkish Fed comments; Australian dollar struggles post rate hike
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The US dollar has shown signs of stabilization following hawkish sentiments from Federal Reserve officials, including Jerome Powell, who suggested potential future…
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Tuesday said no major trading partners appeared to be manipulating their currencies,…
South Korea to allow foreign firms trade USD/KRW onshore, extend trading hours from July
By Press Room
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SEOUL (Reuters) – South Korea’s foreign exchange authority on Wednesday said it will open its currency market to global traders and extend…
Pakistani rupee slides against dollar and euro; Dirham and Riyal gain ground
By Press Room
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On Tuesday, the Pakistani Rupee experienced depreciation against the US Dollar and the European Euro in both interbank trading and open market…
Sberbank’s leader, Herman Gref, has projected a stable ruble exchange rate at 85-90 rubles/$1 by the end of 2023. The forecast aligns…
EUR/USD stagnates near 1.0700 amid rising USD strength, awaiting Fed insights
By Press Room
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The pair experienced a decline in the American session on Tuesday, stagnating near the 1.0700 benchmark due to diminished buyer interest. The…
CME Group’s (NASDAQ:) spot platform, EBS, has reported a significant drop in average daily currency trading volumes, hitting a two-year low last…
The Indian rupee’s exchange rate fell to 83.2575 against the dollar on Tuesday, reflecting the movements of other Asian currencies. All eyes…
Investing.com – The U.S. dollar rose in early European trade Tuesday, rebounding from recent lows, while the Australian dollar slumped after the…
By Ankur Banerjee SINGAPORE (Reuters) -The dollar advanced on Tuesday as last week’s rally in riskier currencies took a breather, while the…