Browsing: dollar

The “weaponization” of the US dollar through the seizure of frozen Russian assets could prompt a global shift away from the greenback, Bloomberg reported on Wednesday, citing a former International Monetary Fund (IMF) official.  

The dollar edged down but was still within striking distance of its 5-1/2-month high on Wednesday, keeping the yen rooted near 34-year lows after Federal Reserve officials reiterated interest rates are likely to stay higher for longer.

Three-month copper on the London Metal Exchange was 0.8% higher at $9,547 per metric ton as of 1158 GMT, reversing Tuesday declines caused by slower-than-expected China’s industrial output growth

MOSCOW, April 10. /TASS/. The Bank of Russia set the official dollar exchange rate for April 11, 2024 at 93.2198 rubles, which is 47 kopecks higher than the previous figure.

TOKYO – The dollar consolidated on Wednesday ahead of a key inflation report later in the day, while the yen remained a whisker away from what markets believe to be the line in the sand for Japanese authorities to intervene.

Yuan rate remained practically unchanged, at 12.721 rubles MOSCOW, April 5. /TASS/. The dollar exchange rate grew by 28 kopecks…

SINGAPORE – The dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve Chair Jerome Powell as reassuring on the likelihood of interest rate cuts this year while waiting for the latest U.S. labour market readout.

The Japanese currency was steady at 151.36 per dollar having traded just shy of the 152 mark at its weakest since 1990 on Wednesday

NEW YORK – The dollar gained on the euro on Thursday before key U.S. inflation data due on Friday and as investors squared positions for month- and quarter-end.

The dollar slipped on Monday, with the threat of currency intervention from Japanese authorities and a government-driven rally in China’s yuan weighing on the U.S. currency.