Currencies News

Dollar Weakens Before Retail Sales; Aussie, Kiwi Rally on China

4:45 am ET

The dollar weakened against all but two of its 16 major peers before a report tomorrow forecast to show U.S. retail sales stalled last month. Australia’s currency rose to a four-week high after China trade surged.

Kazakh Devaluation Shows Currency War Stirring as Ruble Dips

6:50 am ET

Two years after Russia, Kazakhstan and Belarus formed a trade pact, a currency war is breaking out between the former Soviet republics.

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