by Asharq Al-Awsat | Aug 13, 2017 | Business
New York- The dollar dropped against a basket of currencies after US consumer prices rose less than expected in July. This points to benign inflation that could make the Federal Reserve cautious about raising interest rates again this year. The Labor Department said...
Dollar signs are seen alongside the signs for other currencies at a currency exchange shop in Hong Kong November 1, 2014. REUTERS/Damir Sagolj
by Asharq Al-Awsat English | Jan 11, 2016 | Business
After China’s central bank set a stronger guidance rate for the Yuan on Monday, the safe haven Yen eased against the dollar, casting away fears that Beijing is trying to weaken its currency to gain a competitive export advantage. China’s Yuan has been weakening...
