Dollar falls as risk appetite increases
The New Zealand dollar briefly fell but then quickly stabilised after the country's central bank kept monetary policy on hold and said inflation and employment will remain below its targets in the medium term.
Dollar pinned near six-week low as focus turns to Powell
Surging prices for materials from oil and copper to lumber and milk powder have push...
Dollar rally runs out of puff as yields ease
Benchmark 10-year Treasury yields fell nearly 7 basis points from a 10-month high hit on Tues...
Dollar falls as investors eye more US stimulus; sterling sinks
"The US dollar is likely to slide through the course of 2021. Yet, it's unlikely to be a straight line. U.S. dollar cycles tend to last six years on average, and this one is just getting started"
Dollar on back foot, Sterling eyes last-ditch Brexit talks
Friday's U.S. jobs data showed non-farm payrolls increased by 245,000 last month, the smallest gain since May, in a sign the jobs recovery is losing momentum on the third wave of coronavirus infections.
Forex reserves down $469 mn to $574.82 bn
In the reporting week, the reserves declined despite an increase in foreign currency assets (FCA), a major component of the overall reserves.
Is a post-Covid currency war coming?
Investors' growing eagerness to buy into risky assets gave emerging market currencies their best month in nearly two years in November, stretching a run of gains that started in June.
Dollar is dropping to multi-year lows against peers, one by one
With optimism over U.S. stimulus talks, bets on a successful roll-out of vaccines and China’s economic rebound driving bets for global growth, demand for the world’s reserve currency has fallen.
Dollar wallows near 2.5 years low on vaccine, stimulus optimism
The dollar index slipped to 2.5 years low of 90.987 on Wednesday and last stood at 91.040.
India's forex kitty surges $2.5 billion to a record high of $575.2 billion
The FCA reflects appreciation or depreciation of currencies like the euro, pound and yen held in the foreign exchange reserves, expressed in dollar terms.
Vaccine developments keep dollar down; Kiwi hits 2-year high
AstraZeneca on Monday said that its vaccine could be about 90% effective and it will prepare to submit data to authorities around the world that have a framework for conditional or early approval.
Forex reserves surge $4.277 bn to record high of $572.771 bn
In the reporting week, the jump in reserves was on account of an increase in foreign current assets (FCAs), a major component of the overall reserves.
Yen claws back ground as looming winter chills vaccine cheer
At 104.04 per dollar, the yen has recouped nearly two thirds of the steep losses it suffered last week after Pfizer announced it had developed a working COVID-19 vaccine.
Dollar languishes at two-month low after Biden clinches U.S. presidency
The broad dollar weakness had the yen a touch firmer against the U.S. dollar and just below Friday's eight-month peak of 103.18 yen per dollar, while lower U.S. bond yields also made Treasuries less attractive to prodigious buyers in Japan.
Yuan stands tall but US stimulus doubts cap broader risk rally
China's offshore yuan rose as high as 6.6695 per dollar on Monday, surpassing its 2019 peak and hitting its strongest level since July 2018. It last stood at 6.6810. Data on Monday showing a recovery in China's consumer sector helped boost not only the yuan but other currencies, including the euro.