The yen and the euro both fell against the U.S. dollar on Tuesday for a fourth straight session, with the yen touching its lowest level against the dollar in 4-1/2 years, amid signs that the U.S. economy is improving. The yen had been in a downward
The euro declined to its lowest level against the dollar in six weeks on Wednesday as data showing an unexpectedly large contraction of the euro zone economy raised expectations for more monetary easing by the European Central Bank. The dollar again rose
The dollar rallied across the board on Friday, rocketing to a fresh 4-1/2-year high against the yen above the 103-yen level as data showing a robust rebound in U.S. consumer sentiment prompted more investors to add to bullish bets. Debate over whether
The euro dropped against the dollar on Friday after a widely watched consumer sentiment barometer blew past expectations. In U.S. trading on Friday, EUR/USD was down 0.40% at 1.2831, up from a session low of 1.2796 and off from a high of 1.2890. The pair
The US Dollar rally has continued for another day, again finding the most strength against the risk correlated Australian Dollar and New Zealand Dollar. However, the Euro is trading higher against the green back at the time of this writing, following
The pound fell for a second week versus the dollar as speculation the Federal Reserve is moving closer to ending its program of asset purchases boosted the U.S. currency against its major peers. Sterling dropped to a six-week low after Fed Bank of San
India’s foreign exchange reserves fell by $616.4 million to $293.69 billion in the week ended May 10. The country’s foreign exchange reserves were pulled down by a drop in foreign currency assets, which were down $568.1 million. There was no change in
Currency speculators increased their bets in favor of the U.S. dollar to the highest in 11 months in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position rose to
The Canadian dollar posted its biggest loss in a year against its U.S. peer as the nation’s annual inflation rate fell in April to its slowest in more than three years, bolstering the case for relaxing monetary policy. Canada’s currency reached its
Chinese banks bought more foreign currency from clients than they sold in April as the market expects the yuan to continue to appreciate, according to a report from China's foreign exchange regulator on Friday. Individuals and institutions exchanged 134