Beginning in February, the rate, known as the crawling peg, will slow to 1% per month from a prior rate of 2% due to "the consolidation observed in the inflationary trajectory during the last few mont ...

"While the USD has strengthened further in 2025, we still believe that 2025 will be a story of two halves—USD strength in 1H, and a partial or full reversal in 2H," UBS strategists stated in their lat ...

(Reuters) -The dollar hovered near its highest level in more than two years on Tuesday as traders scaled back bets on U.S. rate cuts in 2025 after strong economic data, while investor concerns about B ...

Anticipation of key inflation data this week kept traders largely biased towards the greenback, especially as recent labor data furthered the case for a slower pace of rate cuts by the Federal Reserve ...

"If US CPI surprises to the upside this week, upward pressure for USDJPY spot is likely to resume, due to the pair's high sensitivity to CPI surprises," the strategists said.The Japanese yen has remai ...

At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.4% higher to 109.930, after hitting its strongest level since October 2022 on F ...

A dominant dollar, sliding Chinese bond yields and the threat of higher trade barriers when Donald Trump begins his U.S. presidency next week have left the yuan wallowing around 16-month lows, spurrin ...