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WorldEconomy

Dollar Stays Under Pressure as Traders Await US Inflation Figures and Fed Guidance

The US dollar remained weak on Wednesday, October 14, as investors awaited September inflation data and prepared to assess comments from Federal Reserve...

WorldEconomy

Global Markets Rise as Investors Weigh US Inflation, Interest Rate Outlook and China’s Trade Growth

European and US stock futures edged higher on Wednesday, October 14, as investors assessed changing signals from central banks, awaited key US inflation...

South African Rand Holds Steady as Investors Await Fresh US Inflation Data
BusinessAfrica

South African Rand Set to End Four Week Losing Streak as Gold Prices Rise

South Africa’s rand was on track to record its first weekly gain in five weeks on Friday, supported by rising gold prices, a...

Dollar Strengthens as Europe’s Economic Woes Boost Safe-Haven Demand
WorldEconomy

Dollar Strengthens as Europe’s Economic Woes Boost Safe-Haven Demand

The U.S. dollar has climbed to an 18-month high as mounting economic and fiscal problems in Europe strengthen investor demand for the greenback....

Astro Digital Set to Go Public in $587 Million SPAC Deal
WorldBusinessEconomy

Dollar Seen Losing Most Recent Gains Despite Strong Rally

The US dollar is expected to give up most of its recent gains over the next year, according to a Reuters poll of...

Yen Extends Losing Streak as Markets Question Pace of BOJ Rate Hikes
BusinessEconomyWorld

Yen Extends Losing Streak as Markets Question Pace of BOJ Rate Hikes

The Japanese yen continued its decline against the US dollar on Tuesday as investors questioned whether the Bank of Japan (BOJ) will raise...

Yen Volatility Raises Fresh Fears of Japanese Currency Intervention
BusinessEconomyWorld

Yen Volatility Raises Fresh Fears of Japanese Currency Intervention

Japan’s yen weakened on Monday after a sharp decline last week increased speculation that authorities could intervene to support the currency. The yen...

Yen Surges as Markets Raise Bets on Bank of Japan Rate Hike
BusinessWorld

Yen Surges as Markets Raise Bets on Bank of Japan Rate Hike

By Benson Daniel The Japanese yen strengthened sharply on Thursday as investors increased their bets that the Bank of Japan will raise interest...