Citigroup Turns Bearish on the Dollar as Fed Pivot Nears
Citigroup strategists have turned bearish on the US dollar, cutting their three-month US Dollar Index forecast to 98.34 from 102.12…
Forex News
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Dollar Slides Toward Weekly Loss as Treasury Buyback Plan Fails to Reassure Markets
The U.S. dollar is on track to finish the week 0.8% lower after the Treasury Department's plan to double its…
Mexico’s Central Bank Signals More Rate Holds Ahead
Minutes from Banco de Mexico's August meeting show the board expects to keep holding its benchmark rate at 6.5%, pointing…
India Lets Exporters Use Rupees to Qualify for Trade Benefits
India has eased a rule that, in most cases, required export payments to arrive in foreign currency to qualify for…
EUR/USD Extends Rally to Three-Month High as Bulls Take a Breather
EUR/USD holds its gains at a three-month high on Thursday, a second straight day of advance after Wednesday's sharp rally….
