By Chibuike Oguh and Greta Rosen Fondahn NEW YORK/GDANSK (Reuters) -The U.S. dollar edged higher against major currencies in choppy trading on Monday, as investors eyed interest rate decisions from the Federal Reserve, Bank of Japan, Bank of England and other key central banks this week. Markets are pricing in a near 97% chance that […]

By Marcela Ayres, Gabriel Araujo SAO PAULO/BRASILIA (Reuters) -Market anxiety dragged Brazil’s real currency to a historic low on Monday as significant central bank interventions again failed to counter market concerns over government spending. The real closed at 6.09 per U.S. dollar, with a year-to-date depreciation shaving off a fifth of its value, making it

Investing.com– Asian currencies were largely subdued on Tuesday as markets were cautious ahead of interest rate decisions from major central banks, including the U.S. Federal Reserve. The Fed is expected to cut  by 25 basis points on Wednesday, but signal a slower pace of easing in 2025.  Expectations of a slower rate cut path have

Investing.com – The US dollar rose Tuesday ahead of the last Federal Reserve policy meeting of the year, while stronger-than-expected earnings saw sterling keep pace. At 05:40 ET (10:40 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher to 106.740, hovering near its highest levels in

Bank of America (BofA) reiterated its positive outlook for the British Pound against the Swiss Franc (), projecting a rise towards 1.20 by mid-2025. The firm’s forecast remains unchanged, emphasizing a bullish stance on the currency pair over the next two years. The optimism from BofA comes despite imminent UK Consumer Price Index (CPI) data

JOHANNESBURG (Reuters) -South Africa’s rand weakened against a stronger dollar on Tuesday as investors turn their attention to the Federal Reserve’s interest rate decision. At 1502 GMT, the rand traded at 18.16 against the greenback, about 1.7% weaker than its previous close. The was last trading up about 0.12% against a basket of currencies. The

Macquarie highlighted the political unrest in Canada as a potential opportunity for investors, particularly in the currency markets. Following the resignation of Chrystia Freeland and other cabinet officers, Canadian Prime Minister Justin Trudeau faces increasing pressure to step down, with calls for his resignation emerging from within his own Liberal Party. Members of Parliament from

Investing.com — The will likely continue to outmuscle its G10 rivals in the months ahead, supported by economic strength, before turning lower in the back half of 2025 as investors reassess the election impact and the Fed delivers more rate cuts, analysts from BofA said in a recent note. “We are first looking for continued

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar gained against major currencies on Tuesday following better-than-expected retail sales data that showed underlying economic momentum while markets braced for interest rate moves from the Federal Reserve and other central banks. Commerce Department data on Tuesday showed U.S. retail sales surpassed expectations by jumping 0.7% in

Investing.com– Most Asian currencies moved in a tight range on Wednesday, while the dollar remained near three week highs as traders hunkered down in anticipation of more cues on interest rates from the Federal Reserve.  Reports of more fiscal spending in China did little to improve sentiment towards regional currencies, with the yuan hovering around