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Dollar weakens as traders eye key inflation data, Fed rate path

Investing.com — The dollar retreated in early European trading on Monday, as investors looked ahead to the release of crucial inflation data later this week and made bets about the Federal Reserve’s future interest rate decisions. By 03:18 ET (07:18 GMT), the dollar index – which tracks the greenback against a basket of other major … Read more

Asia FX creeps higher, dollar dips ahead of Fed rate hike

Investing.com — Most Asian currencies crept higher from recent losses on Wednesday, while the dollar relinquished some gains as markets hunkered down before a widely expected interest rate hike by the Federal Reserve later in the day. Market holidays in China and Japan kept regional trading volumes slim. Still, the Japanese yen rose 0.4%, recovering … Read more

Aussie rallies on surprise rate hike, Asia FX flat as Fed approaches

Investing.com — Most Asian currencies moved little on Tuesday as markets hunkered down before a widely expected interest rate hike from the Federal Reserve this week, while the Australian dollar surged on an unexpected rate hike by the Reserve Bank The Australian dollar jumped 1% after the Reserve Bank of Australia unexpectedly hiked its cash … Read more

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