The USDCNY pair fell 0.4% to 7.1978 yuan, after surging to a four-month high of over 7.2 on Friday. Monday’s drop also came following a substantially stronger-than-expected midpoint fix from the Peopl ...

At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.4% higher at 104.085, near a three-week high and on track for a second week of ...

The dollar surged to a three-week high in Asian trade, extending a strong rebound from Thursday as the SNB rate cut saw traders largely look past signals on interest rate cuts from the Federal Reserve ...

EUR/USD fell 0.52% to $1.0862."We continue to expect EUR/USD to decline," Morgan Stanley said in a recent note, highlighting several factors that will expand the divergence between US interest rates a ...

The Fed kept interest rates steady on Wednesday and maintained its forecast for a 75 basis point reduction in rates this year. The move, particularly the Fed’s outlook, ramped up appetite for high-yie ...