GBP/USD is falling further toward 1.2450 in the European session on Thursday. The pair bears the brunt of the exepctations ...

Genet Teshome Jirru stressed that "even if there were no sanctions, trade in local currency is always very profitable," since "it allows to avoid transaction costs and losses due to exchange rate fluc ...

The US seems afflicted by a ‘trade deficit disorder.’ Like the fabled grasshopper, it gets not just cheap goods from the ...

EUR/GBP weakens to around 0.8320 in Thursday’s early European session. Concerns about Trump’s trade tariffs undermine the shared currency. The BoE is widely expected to cut its key interest rate on ...

Asian currencies also slumped after the dollar rallied on Trump's sweeping tariffs that impose a 25% levy on Mexican and ...

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the ...

Japan's currency was also supported by rising expectations for further Bank of Japan interest-rate hikes with a central bank ...

During the early 1980s, the US dollar was very strong, and fiscal deficits were rising. The Plaza Accord in September 1985 ...

Travel and spending during China’s Lunar New Year holiday hit new records this year, giving the government an encouraging boost as it seeks to ramp up the ailing economy.

China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...

Wall Street shifted lower in early trading Wednesday as markets took in more corporate earnings reports while considering the ...