“Although the Fed modestly surprised markets with a 50 bps cut last week, we see core FX dynamics largely unchanged in G10, with EUR/USD continuing to drift higher,” analysts at Bank of America Securi ...

The bank’s strategists highlight that the recent depreciation of the yen is driven largely by a retrospective narrative tied to Japan's digital account deficit. However, they suggest that this narrati ...

Following the Fed’s 50bp cut, front end rates (the main driver of foreign exchange moves) reflect expected Fed easing magnitudes on par with significant past downturns, BoA Securities said, in a note, ...

MOSCOW (Reuters) - The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure could make it harder and costlier for Russian businesses to ...

At 04:40 ET (08:40 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower to 100.565, following a near 0.6% jump on Wednesday, its biggest one-d ...

TOKYO (Reuters) - The dollar held firm on Thursday following its sharpest rally since early June as traders looked ahead to speeches from key Federal Reserve policymakers later in the day for clues on ...

The Chinese yuan continued to strengthen after hitting a 16-month high, as traders cheered more stimulus measures from Beijing released earlier this week. Optimism over China also boosted broader regi ...

In a note to clients, the analysts added the economic situation in both regions is "fairly similar, with a slight tilt toward strength in the latter and weakness in the former."For these reasons, they ...

LONDON/SINGAPORE (Reuters) -The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's aggressive stimulus package provided the latest sho ...