Investing.com — Most Asian currencies rose on Tuesday, while the dollar sank amid growing bets that the U.S. Federal Reserve was close to concluding its rate hike cycle, with focus also turning to upcoming inflation data for more cues. The dollar languished at a two-month low against a basket of…

A look at the day ahead in European and global markets from Tom Westbrook A day of calm after last week’s clear-out in the bond market and investors are back to trading near-term rate expectations. Traders in Asia nudged both yields and the dollar a whisker lower on Tuesday, with…

Investing.com – The U.S. dollar slipped to a two-month low in early European hours Tuesday on growing expectations that the U.S. Federal Reserve is nearing the end of its tightening cycle, while sterling hit a fresh 15-month high as wages continue to grow. At 02:55 ET (06:55 GMT), the ,…

LONDON (Reuters) – The dollar’s grip as the dominant global currency is loosening, credit rating agency S&P Global (NYSE:)’s top economist said on Tuesday. Aggressive U.S. sanctions such as last year’s freezing of hundreds of billions of dollar’s worth of Russia’s reserves has seen a flurry of countries start to…

Investing.com – fell Tuesday, with just a day to go until the Bank of Canada is expected to deliver its second-straight after following a surprise hike last month. USD/CAD fell 0.20% to 1.3253.   The Bank of Canada is expected to lift rates by 0.25% to 5% on Wednesday after…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar declined to a two-month low against a major currency index on Tuesday after Federal Reserve officials signaled that the U.S. central bank is near the end of its tightening cycle, while sterling hit a 15-month high after pay growth exceeded expectations.…

Investing.com — Most Asian currencies rose on Wednesday, while the dollar extended recent losses as markets awaited more signals on where U.S. interest rates will peak, while focus also turned to upcoming inflation data. Comments from Federal Reserve officials this week suggested that the central bank was close to reaching…

Investing.com – The U.S. dollar slumped to its lowest level in two months in early European hours Wednesday ahead of a crucial U.S. inflation report, while sterling climbed to a fresh 15-month high on expectations of further U.K. rate rises. At 03:15 ET (07:15 GMT), the , which tracks the…

SEOUL (Reuters) – Customer withdrawals from MG Community Credit Cooperatives (MGCCC), a troubled South Korean credit union, have clearly stabilised amid government efforts to ward off a liquidity crunch, the interior ministry said on Wednesday. South Korean state-run banks this week pledged to offer liquidity support totalling at least 2…

A look at the day ahead in U.S. and global markets from Mike Dolan World markets leaned positively into another critical U.S. inflation report later on Wednesday, seeding a dollar slide to two-month lows that’s revved-up yen and sterling gains. The importance of the monthly U.S. consumer price report for…