The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.» Read More
John Burke, CEO of Burke Financial Strategies, explains why Fed chair Janet Yellen's comments on equity valuations and interest rates overnight are "scary".
The dollar fell from three-week highs against the yen and one-week peaks versus the euro.
The dollar edged higher in thin trading after a two-week drop tied to data suggesting the U.S. economy might be stabilizing.
Remember those worries about a China property crash? Forget all that. Analysts are turning freshly positive on the mainland's property plays.
May 3- The International Monetary Fund is close to declaring China's yuan fairly valued for the first time in more than a decade, the Wall Street Journal reported on Sunday. The IMF's reassessment of the yuan is set to be made official in its reports on China's economy due in the coming months, the Wall Street Journal reported. "On the exchange rate, last year, 2014, our...
May 3- The International Monetary Fund is close to declaring China's yuan fairly valued for first time in more than a decade, the Wall Street Journal reported on Sunday.
Michael Every, head of Financial Markets Research, Asia-Pacific for Rabobank, discusses news that the IMF is on the verge of declaring China's currency fairly valued.
The dollar touched a two-week high against the yen on Friday and rose from a two-month low versus a basket of major currencies.
China's official PMI came in at 50.1 for April, a tad above expectations, but still indicating the world's second-largest economy is cooling down.
The greenback reversed earlier losses to trade higher against a basket of currencies on Thursday.
The yen pushed higher on Thursday after the BOJ kept policy unchanged and held off from expanding its monetary stimulus.
The dollar dropped to an eight-week low after a weak U.S. consumer confidence report.
Sterling has boomed since mid-April and some analysts say the rally could run way beyond next month’s national election.
The euro scaled a three-weak peak against the dollar on optimism about Greece's prospects after the government reshuffled its bailout team.
China shares have surged this year, but with active fund managers still underexposed to the market, the rally isn't over, Goldman Sachs said.
Jukka Pihlman, Head of Central Banks & Sovereign Wealth Funds at Standard Chartered Bank, says yuan inclusion into the SDR basket would be a "healthy development."
Data showing a seventh straight monthly decline in U.S. business spending plans knocked the dollar lower on Friday.
The dollar fell against most other major currencies on Thursday, while the euro rose on waning fears of a Greek default.
WASHINGTON, April 22- U.S. senators on Wednesday backed tough rules against currency manipulation by trading partners as part of a package of trade bills key to sealing a Pacific trade pact. Treasury that such a move could open the door to retaliation against the United States. A committee vote on that legislation, which the White House sees as critical to...
The dollar edged upward after a jump in U.S. home sales data lifted expectations Federal Reserve policymakers may soon hike interest rates.