Currencies News

Dollar Reverses Drop as Portfolios Rebalanced at End of Month

4:15 pm ET

The dollar pared losses to trade little changed after dropping to a fresh low as month-end portfolio rebalancing flows emerged almost on cue around the London fixing and as traders pared risk exposure ahead of President Trump’s speech.

FX Traders Live Another Day as Bare-Bones Desks Brace for Jolts

5:03 pm ET

Currency traders at the world’s biggest investment banks can breathe a little sigh of relief -- their jobs may be safe, for now.

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