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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