Fed Rate, Gold and Dollar
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The yen was the worst performer against an otherwise weaker dollar on Monday, as investors watched for any signs of official buying from Tokyo to stem the slide in the Japanese currency.
The US dollar is heading for its biggest weekly drop in four months, as trading volumes shrink because of the US Thanksgiving holiday - pushing traders to focus on next
The US Dollar Index is pinned around the 100 level, but an explosive move is building as markets brace for a wave of high-impact US data. Retail Sales, PPI, Building Permits, Durable Goods, and GDP all hit this week — a cluster that will decide whether DXY breaks out or breaks down.
The U.S. dollar fell on Tuesday, as investors deliberated over the chances of a Federal Reserve rate reduction next month following dovish comments from policymakers, while the Japanese yen remained on intervention watch.
Singapore state investor Temasek Holdings Pte. has been “forced to hedge” the US dollar this year, according to its chief executive officer, calling the greenback’s weakness a big issue for foreign investors.
The U.S. dollar was drifting toward its largest weekly drop in four months on Thursday as trade thinned ahead of the U.S. Thanksgiving holiday, leaving investors mulling the coming year where the U.S.
The exchange rate for the US dollar compared to the Iraqi dinar started to decline on Tuesday in the Iraqi capital, Baghdad, and in Erbil.
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 42nd day in a row on Monday. Meanwhile, it posted gains against some of the other
The rand has strengthened against the US dollar this year, but South Africans should not expect the rand to reach a fair value quickly.