Investing.com — Most Asian currencies fell on Monday tracking weak economic signals from China, while the dollar steadied as markets continued to speculate over the path of U.S. interest rates. Gross domestic product (GDP) data from China confirmed that a recovery in Asia’s largest economy was running out of steam,…

Investing.com – The U.S. dollar stabilized in early European hours Monday after suffering its worst weekly drop this year, while weak Chinese growth data pressured the yuan.  At 03:05 ET (07:05 GMT), the , which tracks the greenback against a basket of six other currencies, traded marginally lower at 99.597,…

By Nell Mackenzie LONDON (Reuters) – Speculators have amassed their biggest long position in sterling in dollar terms since Brexit, but untamed inflation and weak growth mean the party in the pound will not last, say hedge funds and their investors. Net long speculative positions reached $4.7 billion as of…

By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of currencies on Monday after last week suffering its largest weekly decline this year as Treasury yields tumbled, but held above more than one-year lows reached on Friday with no major catalysts to drive market direction. This…

Investing.com – The dollar struggled to recover Monday after plunging to more than one-year lows last week as the bears look set to tighten their grip on the greenback, supported by growing bets for a less hawkish Federal Reserve as optimism that a soft landing for the economy is on…

Investing.com– Most Asian currencies kept to a tight range on Tuesday as concerns over slowing economic growth in China continued to weigh, with focus turning to more upcoming cues on the U.S. economy and monetary policy.  The dollar languished near 15-month lows, as weak inflation readings saw markets pricing in…

Investing.com – The U.S. dollar slipped lower in early European hours Tuesday, trading near a more than one-year low as traders increasingly factor in a prompt end to the Federal Reserve’s tightening cycle.  At 02:55 ET (06:55 GMT), the , which tracks the greenback against a basket of six other…

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar rose from a 15-month low against a basket of currencies on Tuesday after core retail sales saw strong gains in June, as investors wait on the Federal Reserve’s interest rate decision next week. Headline U.S. retail sales rose less than…

Investing.com – The U.S. dollar gained in early European hours Monday, recovering some of Friday’s sharp losses after the weak payrolls release, while disappointing Chinese inflation data weighed on the yuan. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, traded…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to a three-week low on Monday after comments by Federal Reserve officials reinforced market expectations that the U.S. central bank is near the end of its tightening cycle. The Fed, however, is widely expected to raise interest rates by another…