Commodity currencies tumble on weakening raw material prices
Commodity currencies fell to multi-week lows on Wednesday due to declining raw material prices.
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Australian dollar
Yen soars on BOJ tightening calls
The yen rose on Tuesday as investors reacted to comments from a senior politician calling for more aggressive…
Asian stocks bounce back, led by chipmakers
Asian stocks rebounded on Tuesday, snapping a one-month losing streak, as chipmakers took heart from a recovery on…
New Zealand’s c. bank keeps rates at 5.5% in June
New Zealand's central bank (RBNZ) left its key interest rate unchanged at 5.5 per cent as expected on Wednesday.
Dollar rallies, yen falls to record lows
The US dollar rose on Tuesday due to higher US Treasury yields, putting pressure on low-yielding currencies like…
US dollar gains ground, Japanese yen tumbles
The US dollar rose on expectations of delayed Fed rate cuts, while the Japanese yen fell to a four-week low near…
Australia’s inflation surges in April
Australia's consumer inflation surged unexpectedly in April, hitting a five-month peak due to spikes in petrol,…
Dollar gains ground, yen weakens on Wednesday
The US dollar rebounded on Wednesday, extending gains after earlier losses triggered by renewed bets on Federal…
Egypt’s gold reserves hit $9.384b in April – report
Egypt’s gold reserves, a major component of foreign cash reserves, surged to $9.384 billion at the end of April…
Australian employment declines in March
Australian employment unexpectedly declined in March, resulting in a slight uptick in the jobless rate, reflecting…
