On Thursday morning, the U.S. dollar experienced a rise against the Vietnamese dong in the black market, and also saw an increase over major currencies. The greenback saw a hike of 0.18% to VND27,800 at unofficial exchange points. Meanwhile, Vietcombank…
The ringgit is expected to face a challenging upcoming week as the market uncertainty over trade tensions and a slowdown in the global economy encourage investors to remain risk-off. FXTM Research Global Head of Currency Strategy Jameel Ahmad said that the…
The dollar weakened against its main rivals Wednesday after a spate of weak economic data and the Federal Reserve’s Beige Book painted a troubling picture of the U.S. economy. The ICE U.S. Dollar Index DXY, +0.12% a measure of the dollar’s strength against a…
The dollar was steady on Friday after China’s central bank appeared to have stopped guiding the yuan lower for now, easing concerns that a weaker Chinese currency could derail plans by the US Federal Reserve to raise interest rates. The dollar traded at…