Tag: Dollar

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Dollar reaches higher, euro tumbles far from parity

The U.S. services sector report from August supported the idea that the economy is not in recession, and the dollar advanced on Tuesday while...

US dollar net longs increase, while euro shorts suffer loss; the Fed moves

According to assessments by the U.S. Commodity Futures Trading Commission reports issued on Friday, speculators' net long positions on the dollar increased in the...

Dollar boosted by U.S. rate fears, Asia shares under pressure

On Monday, Asian stock markets were muted and the dollar held steady as a surprising U.S. payrolls report dispelled recession rumours while also supporting...

The Fed’s hawkishness lands a direct hit on FOREX Dollar

In spite of waning concerns of a protracted recession, the dollar weakened versus the majority of leading currencies on Thursday as assistance from the...

U.S. Fed on a roll with interest rates; dollar catches its breath

After a tumble overnight, the aftermath of two policymakers from the Fed saying they foresaw a marginal rate hike instead of the 100-basis points...

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Hefei’s Rapid Industrial Growth Highlights China’s Economic Imbalance

Hefei has emerged as one of China’s leading centres...

Qualcomm and Amazon Forge Major AI Chip Partnership, Including $4 Billion Stock Warrant

Qualcomm has entered into a long-term partnership with Amazon...

RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

The Reserve Bank of India (RBI) absorbed more than...

Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

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