By Gabriel Burin BUENOS AIRES (Reuters) – The rally in Mexico’s peso will probably lose some steam this year as an expected shift in central bank policy to a less restrictive approach could erode the currency’s attractive rate spread, a Reuters poll showed. In 2023, the peso had its strongest…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar was little changed on Friday after a rally in response to mixed data that suggested the world’s largest economy showed pockets of weakness but remained resilient overall. The was flat at 102.43 in afternoon trading after hitting 103.10 in wake of the…

Investing.com– Most Asian currencies fell on Monday, while the dollar steadied near three-week highs as stronger-than-expected U.S. payrolls data saw traders scale back bets that the Federal Reserve will cut interest rates early.  The payrolls reading put upcoming U.S. inflation data squarely in focus, as markets sought more cues on…

Investing.com – The U.S. dollar edged higher in early European trade Monday, continuing to see demand as risk appetite remained subdued ahead of a key U.S. inflation report later in the week. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other…

By Karen Brettell NEW YORK (Reuters) -The dollar dropped against the euro and yen on Monday as investors continued to digest last week’s mixed U.S. economic data and looked ahead to a key inflation reading for fresh clues on when the Federal Reserve is likely to begin cutting interest rates.…

By Ketki Saxena Investing.com – The Canadian Dollar started the day on the back foot against its US counterpart, as crude prices weighed on the commodity linked . In a day of up and down trading, the loonie faced pressure against most major currencies, but managed to more or less…

Investing.com– Most Asian currencies kept to a tight range on Tuesday, but saw some relief as the dollar was hit with profit-taking before key inflation data that is set to offer more cues on interest rate cuts this year. Regional currencies marked a weak start to the year as markets…

Investing.com – The U.S. dollar rose in early European trade Tuesday, rebounding after slipping from its 3-week high overnight, while weak German economic data weighed on the euro. At 03:45 ET (08:45 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher…

By Karen Brettell NEW YORK (Reuters) – The dollar rose against the euro and yen on Tuesday as traders awaited inflation data on Thursday for clues on when the Federal Reserve is likely to cut rates. In cryptocurrencies, bitcoin dipped but remained near its strongest level since April 2022 as…

Investing.com– Most Asian currencies retreated on Wednesday, while the dollar steadied from recent losses as markets remained on edge before key U.S. inflation data that is expected to factor into the path of interest rates. Regional currencies were nursing steep losses over the first week of 2024, as markets questioned…