In BofA's baseline scenario, the AUD is expected to weaken to 0.63 U.S. dollar (USD) by mid-2025. This forecast assumes a continuation of tariff-driven trade policies similar to Trump's first term, al ...

Market participants were also on edge before an address by U.S. Federal Reserve Chair Jerome Powell later in the day, which is expected to provide more clarity on interest rates. Regional currencies w ...

The AUD/USD pair slid 1.1% to $0.6411 by 22:30 ET (03:30 GMT). Third-quarter GDP grew 0.8% year-on-year, missing expectations of 1.1% and slowing from the 1% seen in the prior quarter.Quarter-on- ...

BENGALURU (Reuters) - A retreating euro will remain weak in the near term, trapped between political ructions building in France and expected new U.S. tariffs early next year that are boosting the dol ...

LONDON (Reuters) -The euro edged up on Tuesday, regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while the yuan hit a ...

The U.S. is set to implement its third major crackdown on China's semiconductor industry, targeting 140 entities with new export restrictions aimed at curbing China’s access to advanced chips and equi ...

The euro experienced a significant decline against the US dollar on Monday, falling by 1% to a session low of 1.0462, marking a trajectory for its most substantial daily loss since November 6. This do ...

(Reuters) -The euro dropped on Monday versus a strengthening U.S. dollar on growing concerns about a possible government collapse in France, which would stall plans to curb a burgeoning budget deficit ...

France's far-right National Rally (RN) party will likely back a no-confidence motion against the government in the coming days unless there is a "last minute miracle", RN president Jordan Bardella sai ...