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Dollar Plunges to 1-Year Low Against Yen as Fed Rate Cut Bets Surge

World

16 Sep, 2024

Dollar Plunges to 1-Year Low Against Yen as Fed Rate Cut Bets Surge


The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the...

Peso Surges Past P55:$1 as US Job Data Weakens Dollar, What's Next for the Philippine Currency?

Business

9 Sep, 2024

Peso Surges Past P55:$1 as US Job Data Weakens Dollar, What's Next for the Philippine Currency?


The Philippine peso bounced back to P55:$1 level on Friday as weak employment data from the United States reduced the...

Asian Currencies Surge as US Rate Cut Bets Rise Amid Economic Concerns

Business

7 Sep, 2024

Asian Currencies Surge as US Rate Cut Bets Rise Amid Economic Concerns


Analysts have raised bullish bets on most Asian currencies after mixed data heightened concerns about economic growth in the world’s...

US Dollar Expected to Weaken Further: UBS Predicts Continued Losses

World

2 Sep, 2024

US Dollar Expected to Weaken Further: UBS Predicts Continued Losses


The U.S. dollar has recently fallen to the lowest level this year on raised expectations that the Federal Reserve will...

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