Forex News

(Reuters) - Bitcoin rose 6.24 % to $22,401 at 22:07 GMT on Friday, adding $1,315 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 35.8%...

By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Friday, remaining around seven-month lows amid concerns of a U.S. economic slowdown, while...

By Mariam Rizk CAIRO (Reuters) -In better times, Om Mohamed's family used to take holidays at resorts on Egypt's Red Sea coast. Now there is no money for vacations. Om Mohamed,...

By Ambar Warrick Investing.com -- Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Reserve officials, as...

By Paritosh Bansal and Divya Chowdhury DAVOS, Switzerland (Reuters) - In the snow and ice on the main drag in Davos, the impact of the crypto winter is plain for WEF attendees to...

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar slid on Thursday in choppy trading, as a slew of data continued to show that the U.S. economy was slowing down in the...

By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Thursday, continuing its recent selloff after weak U.S. economic data hinted at an upcoming...

By Ambar Warrick Investing.com -- Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped...

By Stella Qiu SYDNEY (Reuters) - The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive...

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar rose against major currencies on Wednesday in choppy trading, gaining safe-haven bids as risk appetite worsened with...

By Mike Dolan LONDON (Reuters) -The U.S. dollar's accelerating decline from the heady highs of 2022 has a ways to go yet - but the speed of the drop may build a case for a soft...

By Rae Wee SINGAPORE (Reuters) - Japan's yen, long favoured as a safe-haven and funding currency, has in recent weeks become so enmeshed in market speculation over central bank...

By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Wednesday, with the focus mainly on the falling Japanese yen after the Bank of Japan maintained...

By Ambar Warrick Investing.com -- Most Asian currencies fell on Wednesday amid growing concerns over a global economic slowdown this year, with the Japanese yen plummeting after...

By Ambar Warrick  Investing.com -- The Japanese yen and benchmark bond yields fell sharply on Wednesday after the Bank of Japan maintained its yield curve control range, ducking...

By Yasin Ebrahim Investing.com -- The yen creeped higher against the dollar Tuesday, riding a wave of hawkish bets on the Bank of Japan moving further away from its dovish stance...

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar fell against most major currencies on Tuesday in choppy trading, weighed down by expectations of a possible policy...

(Reuters) - Russia's central bank said on Tuesday that it sold almost $47 million worth of Chinese yuan on January 13 to buy roubles, as it began to make up for the budget...

By Peter Nurse Investing.com - The U.S. dollar edged off its recent seven-month low Tuesday, while the Japanese yen slipped lower ahead of a widely-anticipated Bank of Japan...

By Ambar Warrick Investing.com -- Most Asian currencies fell on Tuesday amid renewed fears of a global recession this year, with the yuan among the worst performers as data showed...

By Huw Jones LONDON (Reuters) - Bank of England Governor Andrew Bailey questioned the need for a digital pound on Monday just as euro zone finance ministers backed further...

CAIRO (Reuters) - Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three days since its currency sharply depreciated...

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) - The dollar started the week on the back foot, hitting a seven-month low against a basket of major peers in Asian trade before...

By Senad Karaahmetovic Investing.com -- EUR/USD price has had a strong couple of months. The major hit a 20-year low in September 2022 when it traded in the low 0.95s. EUR/USD has...

(Reuters) -Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback's weakness to be more pronounced against the euro this year as...

By Peter Nurse Investing.com - The U.S. dollar stabilized in early European trade Monday, trading just above a seven-month low on rising expectations that the Federal Reserve will...

By Ambar Warrick Investing.com -- Most Asian currencies advanced against the dollar on Monday, cheered largely by the prospect of smaller interest rate hikes by the Federal...

By John McCrank NEW YORK (Reuters) -The yen surged on Friday, adding to earlier gains on speculation the Bank of Japan (BOJ) will revise its ultra-loose monetary policy, while the...

By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for...

By Ambar Warrick Investing.com -- Most Asian currencies crept higher on Friday and were headed for steep weekly gains on the prospect of an eventual shift in the Federal...

By John McCrank NEW YORK (Reuters) - The dollar tumbled to a nearly nine-month low against the euro on Thursday after data showed U.S. inflation was easing, prompting bets that...

By Archishma Iyer (Reuters) - Bullish bets on the Thai baht and Chinese yuan hit five-year highs as China's sharp pivot from its strict COVID-19 curbs boosted investors' appetite...

By Peter Nurse Investing.com - The U.S. dollar stabilized in early European trade Thursday ahead of a widely awaited U.S. consumer inflation release, while the Japanese yen surged...

By Ambar Warrick Investing.com -- Most Asian currencies crept higher on Thursday and the dollar fell in anticipation of data showing a further easing in U.S. consumer inflation,...

By John McCrank NEW YORK (Reuters) -The euro briefly hit a seven-month high against the dollar on Wednesday but held within a narrow range as traders avoided making big moves...