Markets
Crude Surge Crushes Rupee Rebound Bets, Threatens Fresh Lows
Hopes for a significant Indian rupee rebound have dissipated as a sharp rise in crude oil prices blunts capital inflows, pushing the...
#forex 11 articles
Markets
Rupiah Stabilizes as Central Bank Intervention, Bond Inflows Boost Confidence
Indonesia's rupiah is poised for stability, with analysts anticipating continued central bank support and increased foreign investment in the nation's high-yielding bonds.
Markets
Philippine Peso Rally Fades as Seasonal Selling, Weak Fundamentals Drive Depreciation
Strategists warn the Philippine peso's recent relief rally is short-lived, with seasonal dollar demand and persistent economic pressures poised to drive the...
World Business
Yen Plunges to Four-Decade Low, Rattling Japan Despite Past Intervention
The Japanese yen has fallen to its weakest level against the dollar since 1986, hitting 162.40 in Tokyo and intensifying calls for...
Finance
Wall Street Banks Abandon Euro Strength Bets Amid Diverging Rate Paths
Major Wall Street institutions are capitulating on bets for a stronger euro, forecasting a slide to $1.10 as the US is expected...
Stocks
Dollar Weakness Fuels Cocoa Futures Rally on Short-Covering
Cocoa futures surged to 1.5-week highs as a weaker dollar prompted short-covering, offsetting bearish supply data.
Stocks
Strong US Payrolls Fuel Dollar Rally, Bolster Fed Hike Bets
The dollar index surged to a 1.75-month high Friday, driven by a stronger-than-expected US May payroll report that intensified speculation of an...
Stocks
Dollar Retreats as Consumer Sentiment Hits Record Low
The dollar index reversed early advances Friday, pressured by a record low in US consumer sentiment and a rally in stocks, despite...
Stocks
Dollar Gains on Weak Stocks, Oil Price Jump, Inflation Data
The dollar index advanced +0.34% on Tuesday, propelled by surging crude oil prices, renewed geopolitical concerns, and stronger-than-expected US inflation data. Stock...