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South Africa's rand weakened on Thursday, as the U.S. dollar held near recent peaks after traders continued to bet that the U.S. Federal Reserve will be aggressive next week in its battle to curb ...
The South African rand, the Hungarian forint and the Polish zloty all rallied more than 1% against the dollar, with investors awaiting U.S. consumer prices data on Tuesday that might give the ...
The dollar then shed losses after the University of Michigan Surveys for December showed consumer sentiment rising more than forecast while one-year inflation expectations rose to 2.9% from 2.6 ...
Currencies in the developing world traded slightly lower on Tuesday as the dollar strengthened on encouraging signals in U.S.-China trade relations, and with South Africa's rand weakening after a ...
The dollar index, which measures the greenback against a basket of currencies, rose 0.52% to 106.65, with the euro down 0.5% at $1.0542. Expectations for the path of rate cuts have been scaled ...
The U.S. dollar saw a 9% decline in its share of global reserves in 2023, causing many to question since then whether the dollar’s days of dominance are over. This shift underscores a gradual ...
South Africa's rand strengthened on Monday as the U.S. dollar weakened, ahead of a slew of local economic data in the coming days that could give clues on the health of the economy. "The rand ...
South Africa's rand weakened in early trade on Thursday, as the U.S. dollar held near recent peaks after traders increased bets that the U.S. Federal Reserve will become even more aggressive next ...