Trading

Image for Dollar gains against yen as Fed policy, debt ceiling in focus

Trading

Dollar Gains Against Yen as Fed Policy, Debt Ceiling in Focus

Image for Dollar weakens after gains all week; debt deal hopes boost market sentiment

Trading

Dollar Weakens After Gains All Week; Debt Deal Hopes Boost Market Sentiment

Image for Wall Street gains, dollar climbs on solid data, debt ceiling progress

Trading

Wall Street Gains, Dollar Climbs on Solid Data, Debt Ceiling Progress

Image for Platinum facing biggest deficit in years as carmakers snap up metal

Trading

Platinum Facing Biggest Deficit in Years as Carmakers Snap up Metal

Image for U.S. dollar struggles, pound hits one-year high

U.S. Dollar Struggles, Pound Hits One-Year High

Date: May 8, 2023

By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peers on Monday, as traders wait for the Federal Reserve to acknowledge an end to its hiking cycle while trying to hedge the risk of potential recession. The dollar index, which measures the currency against...

Image for Dollar slips after upbeat China data; euro, pound rise

Dollar Slips After Upbeat China Data; Euro, Pound Rise

Date: April 18, 2023

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after better-than-forecast growth data from China, while strong pay figures from Britain supported the pound. China’s gross domestic product (GDP) grew 4.5% year on year in the first three months of the year, data showed, beating...

Image for European shares set for weekly gain on U.S. inflation outlook

European Shares Set for Weekly Gain on U.S. Inflation Outlook

Date: April 14, 2023

European shares set for weekly gain on U.S. inflation outlook By Elizabeth Howcroft LONDON (Reuters) -European shares rose in early trading on Friday, with the STOXX 600 up for a fifth session in a row, as expectations rose that the U.S. Federal Reserve may soon finish raising interest rates. Asian shares gained after the Monetary...

Image for European shares rise as US inflation data signals end of rate-hike cycle

European Shares Rise as US Inflation Data Signals End of Rate-Hike Cycle

Date: April 14, 2023

European shares rise as US inflation data signals end of rate-hike cycle By Shubham Batra (Reuters) -European shares rose on Friday and were set for a fourth straight weekly gain, buoyed by hopes that the U.S. Federal Reserve could soon pause its aggressive interest rate-hike cycle following cooler-than-expected inflation in March. The pan-European STOXX 600...

Image for Dollar drops as inflation cools more than expected

Dollar Drops as Inflation Cools More Than Expected

Date: April 12, 2023

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that the Fed is likely to stop hiking rates after a possible increase in May. The Consumer Price Index (CPI) climbed 0.1% last month, below economists’ expectations for a...

Image for Dollar dips ahead of inflation data later this week

Dollar Dips Ahead of Inflation Data Later This Week

Date: April 11, 2023

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whether price pressures are ebbing and what it means for further Federal Reserve interest rate hikes. Consumer price data on Wednesday is expected to show headline inflation rose by 0.2% in March, while...