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SINGAPORE :The dollar was steady on Friday, heading for its strongest weekly performance since July on scaled back expectations of steep and early interest rate cuts this year ahead of closely watched U.S. payrolls data later in the day.The U.S. currency's strong start has cast a shadow on the Japanese yen, w

NEW YORK/LONDON :The dollar edger higher on Friday but is set to end 2023 with its first yearly loss since 2020 against the euro and a basket of currencies, on expectations the U.S. Federal Reserve will begin cutting rates next year as inflation moderates.Questions for 2024 will be when the Fed begins cuts, a

SINGAPORE : The dollar nursed steep losses on Thursday and was headed for a yearly decline after two years of strong gains as expectations of interest rate cuts from the Federal Reserve next year grip markets.With the year coming to a close, thin liquidity and limited moves are expected until the New Year

LONDON :The dollar slipped to a five-month low on Wednesday and the euro touched a four-month peak on expectations that the Federal Reserve could soon cut interest rates, but thin year-end trading flows limited moves. With many traders out for holidays, volumes are likely to be muted until the New Year.

SINGAPORE :Sterling crosses nursed losses on Thursday, while the yen found a footing in holiday-thinned trade ahead of the last major data release of the year in Friday's U.S. inflation figures.Sterling suffered its sharpest drop on the dollar in two months on Wednesday after British inflation dived below for

SINGAPORE : The yen nursed losses on Tuesday as traders walked back expectations for a Japan rate hike, while the dollar was waiting on U.S. inflation data and a slew of central bank meetings.The dollar rose about 0.9 per cent on the yen overnight. At 145.96 yen it is about 3 per cent above a low touched

SINGAPORE :The dollar was rooted near a three-month low on Thursday and was set to post its steepest monthly decline in a year as investors ramped up bets that the Federal Reserve is done with rate hikes ahead of a crucial inflation report later in the day.The dollar index, which measures U.S. currency agains

SINGAPORE : Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the U.S. dollar revelling in its gains after data that cast doubts over market projections for peak Fed rates.With markets shut in Japan and the United States for the Thanksgiving holiday, currencies b

SINGAPORE : The dollar was on the defensive and trading by multi-month lows on the euro and a handful of other major currencies on Tuesday, as investors expect U.S. interest rates to fall next year and see that as a signal to sell the dollar in anticipation.Moves were modest in early Asia trade, but the d