By Peter Nurse Investing.com – The U.S. dollar slumped to a seven-week low in early European trade Thursday following the latest Federal Reserve interest rate increase, while the pound surged ahead of a Bank of England get-together. At 04:05 ET (08:05 GMT), the Dollar Index , which tracks the greenback against a basket of six…
By Ambar Warrick Investing.com — Most Asian currencies fell on Monday and the dollar rose as markets hunkered down ahead of a Federal Reserve meeting this week, while fears of a banking crisis kept sentiment on edge despite government measures to assuage market concerns. The Chinese yuan fell 0.2% after the People’s Bank unexpectedly cut…
By Ambar Warrick Investing.com– Most Asian currencies rose sharply on Friday amid easing fears of a global banking crisis, while the dollar retreated as markets also bet that the Federal Reserve will soften its hawkish stance to prevent more economic pain. China’s yuan was among the best performers for the day, rising nearly 0.5% as…