Americans look past fuel cost, bad weather to set July Fourth travel record
By Shariq Khan NEW YORK (Reuters) – High fuel costs and the threat of a hurricane are not expected to dampen Americans’ desire to hit the road this summer, with…
Yen slides to fresh lows, market ‘challenges’ Japan authorities to act
By Kevin Buckland and Amanda Cooper TOKYO/LONDON (Reuters) -The yen hit a fresh 38-year trough against the dollar and a record low to the euro on Wednesday, as the currency…
Dollar slips after dovish Powell speech; euro gains ahead of French vote
Investing.com – The U.S. dollar retreated in early European trade Wednesday after Federal Reserve Chair Jerome Powell flagged progress towards bringing down inflation, while the euro edged higher ahead of…
Rupee to trade in narrowest range in about 30 years on RBI’s actions: Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Indian rupee will trade within the narrowest range in nearly three decades over the coming year as the Reserve Bank of India (RBI)…
Yen slides to fresh lows as Japan authorities stick to sidelines
By Kevin Buckland TOKYO (Reuters) – The dollar remained on the back foot on Wednesday after dovish comments from Federal Reserve Chair Jerome Powell sent U.S. bond yields lower, overshadowing…
Gold prices gain some ground as dollar falls on rate cut hopes
Investing.com– Gold prices rose in Asian trade on Wednesday, seeing some relief as the dollar retreated on some positive comments from Federal Reserve Chair Jerome Powell. But the yellow metal…
Oil rises on US crude inventory draw, Mideast tensions
By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stockpiles, while the market kept tabs on…
High-tech cash: Japan launches banknotes with hologram portraits
By Irene Wang and Kantaro Komiya TOKYO (Reuters) – Japan began circulating its first new banknotes in 20 years on Wednesday, featuring three-dimensional portraits of the founders of financial and…
Asia FX steadies as dollar dips after Powell comments; yen intervention eyed
Investing.com– Most Asian currencies steadied on Wednesday tracking some overnight weakness in the dollar after Federal Reserve Chair Jerome Powell flagged progress towards bringing down inflation. The Japanese yen remained…
S.Korea sees stronger growth, vows to support sectors hit by high interest rates
SEOUL (Reuters) -South Korea’s government has prepared financial support for small businesses struggling due to high interest rates, President Yoon Suk Yeol said on Wednesday, as it revised up its…
