Forex News

© Bloomberg. A collection of one pound sterling coins sit in this arranged photograph in London, U.K., on Wednesday, Aug. 15, 2018. The pound’s weakness is turning everyone—from students to holiday-makers—into unwitting currency traders as Brexit nears. Photographer: Chris Ratcliffe/Bloomberg (Bloomberg) — The pound declined in Asia trading as investors start to weigh a worst-case
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© Reuters. Investing.com – The greenback was flat on Monday as the safe haven yen rose after China’s exports unexpectedly fell, increasing worry over global demand. The , which measures the greenback’s strength against a basket of six major currencies, inched down 0.07% to 95.20 as of 10:25 AM ET (15:25 GMT), while slipped 0.26%
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© Reuters. Investing.com – This week investors will be looking ahead to Tuesday’s data on U.S. producer price inflation as they continue to gauge the outlook for policy tightening by the Federal Reserve this year. If figures indicate that inflationary pressures are cooling, there could be a further reprieve from concerns over the prospect of
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© Reuters. FILE PHOTO: Illustration photo of a China yuan note SHANGHAI (Reuters) – China published a five-year blueprint on Friday seeking economic and financial integration between southern Guangxi province and Southeast Asia, representing Beijing’s latest effort to promote international use of the yuan currency. China’s state council, or cabinet, has agreed to build Guangxi,
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© Reuters. Investing.com – The climbed on Friday in Asia after data showed the country’s for November came in better than expected. Sales rose 0.4% month-on-month, up from 0.3% growth in October and above analysts’ estimates of a 0.3% gain. Meanwhile, the U.S. dollar slipped after Federal Reserve Chairman Jerome Powell reiterated that the central
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