The dollar dropped to a three-month low on Friday as safe-haven buying eased and risk sentiment improved on hopes of progress in trade negotiations between the United States and China, as well as increased chances of an orderly British exit from the European Union.
Sterling rose to a more than three-month high versus the dollar on optimism about Brexit, while the euro advanced to a three-week peak as risk appetite rose.
At the same time, other safe-haven currencies such as the yen and Swiss franc slid on the day.
In afternoon trading, the dollar index was down 0.4% at 98.307 , after earlier declining to a 3-1/2-month low of 98.197.
Source : Reuters
The dollar nursed its steepest losses in weeks on Thursday, after the U.S. Federal Reserve's benign inflation outlook hosed down expectations for a rate hike any time soon, pushing Treasury yields low...
The pound came under pressure early Wednesday after a fresh YouGov poll predicted a slimmer-than-expected lead for Prime Minister Boris Johnson™s Conservative Party in a General Election that™s no...
The British pound slipped early on Wednesday after a poll showed a narrowing lead for Prime Minister Boris Johnso's Conservative Party in an election later in the week, while U.S. dollar movement look...
The euro was little changed versus the dollar on Tuesday as investors were wary of a looming deadline for U.S. tariffs on China, the British election and upcoming Federal Reserve and European Central ...
The dollar and yen held the safe-haven high ground on Tuesday, with investors on edge ahead of a looming tariff deadline, the UK election and upcoming central bank meetings in Europe and the United St...
Tokyo's key Nikkei index closed higher on Thursday in cautious trade ahead of a deadline for the US to impose new tariffs on Chinese goods. The benchmark Nikkei 225 index ended up 0.14 percent or 32.95 points at 23,424.81, while the broader Topix...
Oil prices traded higher on Thursday in Asia as the Organization of the Petroleum Exporting Countries (OPEC) revised its deficit forecast for next year. U.S. Crude Oil WTI Futures gained 0.1% to $58.84 by 12:18 AM ET (04:18 GMT). International...
Gold prices traded higher on Thursday in Asia after the U.S. Federal Reserve held its benchmark interest rate steady and signalled it expects that hold to last through 2020. U.S. Gold Futures rose 0.3% to $1,478.95 per ounce by 11:49 PM ET (03:49...
Gold futures settled at a slight loss on Monday, finding little reason to move in either direction ahead of a mid-week policy update from the...
Gold rose on Tuesday, with prices finding support after posting two consecutive sessions of losses. Traders eyed the potential for a U.S.-China...
Gold futures settled higher on Wednesday, then inched lower in electronic trading after the Federal Reserve held a key U.S. interest rate steady at...
Gold steadied after a drop on Friday as traders turned their focus to upcoming central bank policy meetings.
Spot gold edged 0.2% higher to...