Disappointing Chinese manufacturing data and hawkish Fed remarks weigh on the Australian Dollar, offsetting stronger domestic inflation pressures. AUD/USD holds around 0.7020 in Friday’s session, pressured by weaker-than-expected Chinese PMI data and hawkish Federal Reserv
The British pound pares a slight decline against the dollar after the greenback rebounds from a 30-day low triggered by intervention. The British pound held near 1.3458 against the dollar, retreating 0.02% as the greenback recovered from Thursday’s intervention-driven sell
The British pound holds near session highs despite a partial US dollar rebound after Thursday’s intervention-driven selloff. The British pound traded virtually unchanged at 1.3458 against the US dollar on Friday, paring earlier losses as the greenback recovered from a 30-d
USD/CHF trims part of its earlier gains on Friday as the US Dollar (USD) struggles to regain momentum following Thursday’s sharp sell-off, which was driven by suspected intervention by Japanese authorities to curb excessive weakness in the Japanese Yen (JPY). At the time o
EUR/USD Weekly Forecast: US Dollar in trouble as Warsh chickens out The EUR/USD pair closes July with modest gains near the 1.1500 mark, adding over 1.1% in the last trading week. Price action throughout the month was dull to say the least as investors remained clueless, a
Officials alert traders to potential additional measures after Japan's recent move to stabilize the yen near 160.86. The US Treasury Department has advised currency market participants to prepare for possible further intervention following Japan's action to support the JPY
NEW YORK, July 31 The dollar eased against the Japanese yen on Friday, with traders alert for a second round of intervention after Japanese authorities stepped in to prop up their currency a day earlier. The dollar slipped as much as 0.6% to 158.535 yen, before recovering
Japanese intervention slows USD/JPY trend The Japanese government has intervened in the foreign exchange market to slow the rise of the USD/JPY currency pair. The intervention led to a 3% drop in USD/JPY, followed by a near 2% rebound. The action is seen as
Marie Brizard Wine & Spirits has booked a fall in first-half sales but the company did report a brighter picture emerging in France. First-half revenues fell 3% to €84m, dragged down by a near-6% decline from the group's international business In the second quarter,
By Ankur Banerjee, Yena Park and Samuel Indyk SEOUL/SINGAPORE/LONDON, July 31 Japan and South Korea both stepped in to buy their currencies on Thursday, sources and analysts said, while signs of U.S. support grew on Friday in a rare coordinated intervention that marks an... <
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