Tag: forex
Yen Falls to 9-Month Low as Fed Cut Bets Rise
Yen Hits Nine-Month Low as Traders Anticipate December Fed Cut
The Japanese yen slid to a nine-month low on Wednesday, prompting renewed warnings from Japanese...
UK Inflation Undershoots Forecast, Pound Edges Lower
Pound Slips as UK Inflation Stays Below Forecast
The British pound weakened against both the U.S. dollar and the euro on Wednesday after new data...
Dollar Climbs After Fed Rate Cut Disappoints Dovish Hopes
The U.S. dollar strengthened against most major currencies on Wednesday. This rebound came a day after the Federal Reserve delivered an expected quarter-point rate...
Dollar Slips as Markets Brace for Multiple Fed Rate Cuts
The U.S. dollar dropped to a 2-and-a-half-month low against the euro and hit a 10-month trough versus the risk-sensitive Australian dollar on Tuesday. Traders...
