Category: Forex news

The U.S. dollar index measures the greenback against a trade-weighted basket of six major currencies. It fell by 1.2% to 103.64 A double helping of Fed hawkishness and a wobble in the global economy supported

The SNB joined other central banks in tightening monetary policy in its first rate hike in 15 years, increasing its policy rate to -0.25% from the -0.75% it has deployed since 2015. The move put

At 1435 GMT, the rouble was 0.7% stronger against the dollar at 56.61; it gained 1.4% to trade at 58.96 versus the euro. Top policymakers used Russia’s annual economic forum in St. Petersburg to highlight

The central bank had broadly been expected to stand on a -0.75% interest rate that was the lowest in any major developed country, though some banks had suggested a quarter-point was possible. Instead, the SNB

Investors and economists are betting the Bank of England will increase its key rate a quarter-point when it meets later Thursday. Still, decisions in the past 24 hours by the US Federal Reserve and the

The Dollar Index tracks the greenback against a basket of six other currencies. At 3 AM ET (0700 GMT), it traded 0.1% higher at 105.030 after having climbed to a 20-year peak following the Fed

 The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged up 0.15% to 104.780 by 12:57 AM ET (4:57 AM GMT). The USD/JPY pair jumped 0.42% to 134.30. The Bank

After a meeting with his Bank of Japan (BOJ) counterpart, the country’s top currency diplomat Masato Kanda told reporters that Tokyo would take appropriate action as needed; a sign that Japan may be edging closer