U.S. dollar

Dollar steady ahead of Fed minutes, NZ dollar falls after rate cut

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Dollar steady ahead of Fed minutes, NZ dollar falls after rate cut

The dollar drifted sideways on Wednesday, giving some relief to the yen and other major currencies after a sharp rally to a seven-week high last week, as investors paused to assess the interest rate path outlook for the United States. The New Zealand dollar slumped to its lowest since Aug. 19 at $0.6096, after the … Read more

Bitcoin jumps while Japan holiday dulls most currencies

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Bitcoin jumps while Japan holiday dulls most currencies

Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally after the Federal Reserve‘s super-sized rate cut last week, while the yen and most other major currencies stagnated with Japanese markets on holiday. The dollar strengthened against the yen last week after policy meetings in both the United States … Read more