Forex

Investing.com-- Most Asian currencies weakened on Tuesday, while the dollar firmed slightly as traders awaited more cues on U.S. interest rates from the Federal Reserve.

Weakness in the Japanese yen persisted, with the currency moving back towards levels that had last attracted currency market intervention by the government. 

Waning optimism over China also factored into markets, as traders waited to see how Beijing would roll out its recently unveiled stimulus... (continue reading...)

Investing.com - The U.S. dollar traded in a tight range Tuesday, steadying as traders looked for new clues over the expected timing and extent of Federal Reserve rate cuts this year. 

At 04:30 ET (08:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded largely unchanged at 104.475.

The dollar is basically steady Tuesday, but has drifted higher so far this week after several Fed... (continue reading...)

By Stefano Rebaudo

(Reuters) -The dollar struggled for direction on Tuesday as investors stuck to their views for the expected timing of Federal Reserve monetary easing this year.

Ether was set for its largest two-day gain in nearly two years and bitcoin approached a record high on speculation about the outcome of applications for U.S. spot exchange-traded funds that would track the world's second-biggest cryptocurrency.

The... (continue reading...)

Investing.com - The U.S. dollar is trading in a calm fashion against the majors of late, and these narrow ranges will likely stay for a while longer, according to Goldman Sachs, with divergence having to wait.

AT 05:20 ET (09:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded unchanged at 104.330, steadying after losing around 1% last week in the wake of soft U.S. inflation data.

“We think there is only limited room... (continue reading...)

Investing.com-- Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders awaited more cues on interest rates from the Federal Reserve this week. 

The Japanese yen remained fragile after reversing a bulk of its gains made on likely currency market intervention by the government earlier in May. But further losses in the yen were stymied by the potential for more intervention. 

Broader currencies weakened slightly as traders remained on... (continue reading...)