The euro declined at the opening of the European market on Monday against a basket of global currencies, moving away from its five-week high versus the US dollar, as profit-taking and correction activity gathered pace, alongside risk aversion ahead of an important political vote in France, the eurozones second-largest economy. Later today, markets will turn their focus to the confidence...

Federal Reserve policymakers appear ready to begin a series of interest rate cuts this month to support a labor market that is becoming increasingly fragile, after a government report on Friday showed job growth nearly stalled and unemployment rose in August. Although Fed Chair Jerome Powell will likely tread carefully with only 22,000 jobs added last month amid lower immigration...

The Japanese yen rose in the Asian market on Friday against a basket of major and minor currencies, as part of a recovery from five-week lows against the US dollar, supported by bargain buying from lower levels and positive economic data showing a strong jump in Japanese wages. Despite this rise, the Japanese currency is on the verge of incurring...

The Japanese yen fell broadly in Asian markets on Monday at the start of the week against a basket of major and minor currencies, as selling pressure on the yen accelerated following Prime Minister Shigeru Ishibas announcement of his resignation in a press conference, stepping down from leadership of the ruling party, adding to political uncertainty in the worlds fourth-largest...