Welcome Guest! | World Time






New York


Sterling wavers as markets gauge reported Israeli attack on Iran

Friday,   19-Apr-2024   03:30 (IST)

The pound was little changed on Friday after falling to a five-month low against the dollar in Asian trading hours as investors responded to reports of an Israeli attack on Iran. People familiar with the matter told Reuters that Israel attacked Iran, days after Iran launched an unprecedented assault on Israel in response to a suspected Israeli strike on its consulate in Syria. Safe-haven currencies such as the Swiss franc, yen and dollar initially spiked on the news, helping push down the pound and the euro. Yet the market reaction later unwound somewhat after Iran played the incident down and...

Asia FX weakens; yen, dollar rise on fears of Iran-Israel escalation

Friday,   19-Apr-2024   01:46 (IST)

Most Asian currencies weakened on Friday, while the dollar and the Japanese yen were buoyed by safe haven demand after multiple reports said that Israel had carried out retaliatory strikes against Ira...

Surging dollar set for weekly gain as US data, Fed push back on rate cuts

Friday,   19-Apr-2024   08:19 (IST)

The resurgent dollar headed towards a second straight week of gains on Friday as a hotter-than-expected U.S. economy has pushed back investors' and policymakers' expectations of the trajectory...

Dollar rally stalls after rare FX warning from finance chiefs

Thursday,   18-Apr-2024   01:53 (IST)

The dollar fell for a second day on Thursday after a rare warning by the finance chiefs of the United States, Japan and Korea over the sharp decline in other currencies, which in turn offered the yen ...

Asia FX gains on respite from dollar strength, equities rally

Thursday,   18-Apr-2024   12:20 (IST)

Asian emerging market currencies recovered some lost ground on Thursday, with the South Korean won gaining the most, as the greenback consolidated gains with investors slowly adapting to expectations ...

Asia FX sees some relief as dollar retreats; rate fears remain in play

Thursday,   18-Apr-2024   10:26 (IST)

Most Asian currencies crept higher on Thursday, seeing some breathing room as the dollar retreated from an over five-month peak, although fears of higher-for-longer U.S. interest rates remained at the...

Dollar takes a breather as investors ponder US rates outlook

Thursday,   18-Apr-2024   08:36 (IST)

The dollar was soft on Thursday as traders assessed the U.S. interest rates outlook in the wake of comments from Federal Reserve officials that cemented expectation of monetary settings remaining rest...

Sterling holds at five month low after wage data

Tuesday,   16-Apr-2024   01:54 (IST)

Sterling stayed at a five-month low versus the dollar on Tuesday, after data showed Britain's unemployment rate rose by more-than-expected. The pound was last flat on the day against the dollar at...

Dollar rises to 5-month high, puts heat on yen; GDP data boosts yuan

Tuesday,   16-Apr-2024   01:53 (IST)

The dollar rose to a five-month high against major peer currencies on Tuesday following hotter-than-expected U.S. retail sales figures, raising worries of an intervention from Tokyo as the yen languis...

Asia FX weakens as M.East tensions, rate fears put dollar at over 5-mth high

Tuesday,   16-Apr-2024   01:52 (IST)

Most Asian currencies weakened on Tuesday, while the dollar rose to over five-month highs amid rising geopolitical tensions between Iran and Israel and increased bets on higher-for-longer U.S. interes...