Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?
ABUJA, Nigeria (AP) — Nigerians are facing one of the West African nation’s worst economic crises in years triggered by...
archiveCurrency markets
Dollar reigns supreme as hot CPI cools bets for Fed cuts
Federal funds futures currently price in no rate cut in March and a lower than 50% chance of easing in...
Dollar nears 150 yen ahead of US inflation test; bitcoin buoyant
The greenback last bought 149.39 yen, edging higher toward the closely-watched 150 level that analysts said would likely trigger further...
Dollar firms near 3-month high as rate cut bets dwindle
Data on Monday showed U.S. services sector growth picked up in January as new orders increased and employment rebounded, indicating...
Dollar surges to 11-week high as Fed rate cut bets diminish
The data added to Friday's blockbuster U.S. jobs report that far exceeded expectations and forced the market to readjust its...
U.S. dollar little changed ahead of BOJ, ECB meetings
Japan's yen moved away from Friday's 148.80 per U.S. dollar, its weakest in a month, to as firm as 147.61,...
Dollar at one-month high as rate cut expectations ease on Fedspeak
"I will need more information in the coming months confirming or (conceivably) challenging the notion that inflation is moving down...
Dollar pulls back, bitcoin jumps ahead of ETF approval deadline
The euro last stood at $1.0950, away from its recent three-week low of $1.0877, while the Japanese yen distanced itself from the...
Dollar holds ground as US inflation data looms
Trading was thinned in Asia with Japan out on a holiday.Against the yen, the dollar rose 0.05% to 144.67, extending its...
Dollar flat after mixed U.S. data, on pace for best weekly gain since July
For the week, the dollar gained 1.1%, on pace for its best weekly rise since mid-July.The greenback earlier rallied after...
