Forex News

(Bloomberg) -- The franc is only slightly overvalued versus the euro and should hit parity with the common currency in the longer term, according to Credit Suisse Group AG.

The British pound fell to five-and-a-half month lows on Tuesday in Asia as fears over the threat of a no-deal Brexit resurfaced.

The British pound was trading near its lowest levels of the year on Tuesday as fresh fears over the prospect of a no-deal Brexit weighed, while the Australian dollar was pressured by growing expectations for another rate cut by the country’s central bank.

By Saikat Chatterjee

The British pound was little changed against the U.S. dollar on Tuesday in Asia even after fears of a no-deal Brexit resurfaced.

By Hideyuki Sano

(Bloomberg) -- China hasn’t budged from its line in the sand for the yuan in a month -- and market watchers don’t expect it to any time soon.

By Tommy Wilkes

The dollar was holding steady near two week highs against a currency basket on Monday ahead of a Federal Reserve meeting which officials could use to flag a rate cut later this year as the global growth outlook weakens amid heightened trade tensions.

By Shinichi Saoshiro and Stanley White

The U.S. dollar slipped on Monday in Asia as traders awaited the upcoming Federal Reserve’s policy meeting.

SHANGHAI (Reuters) - China's central bank said on Monday the second phase of a cut in the reserve requirement ratio (RRR) freed about 100 billion yuan ($14.44 billion) worth of long term funds.

By Shinichi Saoshiro

In what is set to be a busy week, the Federal Reserve’s latest interest rate announcement will dominate trader’s attention amid expectations that the central bank could flag plans to ease monetary policy.

By Jamie McGeever

(Bloomberg) -- Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes.

- The dollar was lower against the yen and euro early Friday in Europe but higher against risk proxies such as the Aussie dollar as traders shunned risk ahead of a weekend set to be marked by geopolitical tensions.

(Bloomberg) -- Street protests, a sliding stock market and a surging currency. There’s a lot going on in Hong Kong.

(Bloomberg) -- The U.S.- China trade war could trigger competitive currency devaluation across the globe and disrupt financial order, China’s former central bank governor Zhou Xiaochuan said on Friday.

The U.S. dollar steadied on Friday in Asia as traders await The Federal Reserve meeting due next week.

By Daniel Leussink

By Geoffrey Smith

By Geoffrey Smith

The yen gained ground on Thursday as renewed risk aversion in the broader market underpinned safe haven demand, while the U.S. dollar held steady against a basket of the other major currencies after rebounding from two-month lows.

The Australian dollar fell against its U.S. counterpart following the release of jobs data in May, while the Japanese yen rose on safe-haven demand.