The Australian dollar strengthened broadly in Asian trading on Wednesday against a basket of global currencies, hitting its highest level in about a week versus the US dollar, following the release of hot inflation data from Australia. The data showed renewed inflationary pressures on policymakers at the Reserve Bank of Australia, which lowered the likelihood of an interest rate cut...

The euro rose in the European market on Tuesday against a basket of global currencies, continuing to move in the positive territory for the second day in a row against the US dollar, as the recovery from a two-week low extends, benefiting from the decline in US currency levels ahead of Federal Reserve Chair Jerome Powells speech. Following the latest...

The Japanese yen rose in the Asian market on Tuesday against a basket of major and minor currencies, continuing its recovery for the third consecutive day from a two-week low against the US dollar, benefiting from the decline in the US currency ahead of Federal Reserve Chair Jerome Powells speech. The odds of a Japanese interest rate hike in October...

The US dollar rose slightly on Tuesday ahead of a scheduled speech by Federal Reserve Chair Jerome Powell later in the session, following the central banks recent decision to cut interest rates. At 03:00 AM ET (08:00 GMT), the dollar index, which measures the greenback against a basket of six other currencies, edged up 0.1% to 97.012, rebounding modestly after...