Dollar Holds Steady Amid Ceasefire Speculation and Economic Unrest

Dollar Holds Steady Amid Ceasefire Speculation and Economic Unrest

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US dollar steadies as traders question prospects for near-term ceasefire

The euro last bought US$1.1574, holding near its strongest in a week after the European Central Bank’s interest rate hike. (EPA Images pic) HONG KONG: The dollar found its footing in Asian trade on Friday, retracing some of the previous day’s decline as traders questioned reports that a ceasefire deal in the Middle East could be imminent. Against Japan’s currency, the US dollar was up 0.2% at ¥160.235. The Australian dollar was down 0.1% at US$0…

Dollar firm as traders weigh prospects for Iran ceasefire

HONG KONG/LONDON - The dollar steadied on Friday after sliding the previous day, as traders awaited confirmation that a ceasefire deal in the Middle …

Dollar steadies as traders weigh prospects for Iran ceasefire

Dollar steadies as traders weigh prospects for Iran ceasefire

US dollar steadies as Iran peace hopes and Fed rate risks jolt FX markets

The dollar steadied in Asian trading on Friday after suffering a sharp late-session reversal, as investors balanced hopes of a Middle East ceasefire against a still-uncertain path for US interest rates.The US currency edged up to about 160.07 yen, recovering some ground after falling to its weakest level in a week. The Australian and New Zealand dollars slipped slightly after gaining against the greenback overnight, while sterling was little cha…

Dollar steadies on ceasefire prospects, PPI eases pressure on Fed

The British pound was flat ​at $1.3414 * Against the yen , the US currency was up 0.1% at 160.07 yen