Dollar Strengthens as Traders Await US ADP Data and Bank of Canada Decision
The dollar keeps recovering ground against major currencies as traders await the ADP private payrolls print and the Bank of…
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South Korea’s FX Fund Bought About $20 Billion in Dollars From SK Hynix’s ADR Windfall
South Korea's foreign exchange stabilization fund bought about $20 billion in U.S. dollars that SK Hynix sold after the chipmaker's…
USD/JPY stumbles to 159.60 after briefly touching five-week high near 160.40
USD/JPY touched 160.40, its highest level since the US and Japan carried out joint intervention on July 31. The pair…
Treasury yields hit multiyear highs as traders hedge for more pain
The 30-year Treasury yield hit its highest level since 2007 and the 10-year climbed toward levels not seen since January…
Dollar Hits Fresh Highs Against Major Currencies as Middle East Tensions Push Oil, Yields Higher
The US dollar climbed to new highs against most major currencies as Middle East military tensions pushed oil higher and…
