Trading

Image for Yen gains before Powell speech, Aussie jumps

Trading

Yen Gains Before Powell Speech, Aussie Jumps

Image for Sterling ticks up as UK inflation hits 41-year high

Trading

Sterling Ticks up as UK Inflation Hits 41-year High

Image for Sterling falters as market awaits fiscal plan in data-heavy week

Trading

Sterling Falters as Market Awaits Fiscal Plan in Data-Heavy Week

Image for Dollar set for biggest two-day fall since 2009 as rate outlook shifts

Trading

Dollar Set for Biggest Two-Day Fall Since 2009 as Rate Outlook Shifts

Image for Ireland must change law to ratify EU-Canada trade deal, court rules

Ireland Must Change Law to Ratify EU-Canada Trade Deal, Court Rules

Date: November 11, 2022

DUBLIN (Reuters) -Ireland’s Supreme Court ruled on Friday that parliament cannot ratify the European Union’s free trade deal with Canada unless laws are changed, posing a challenge to the coalition government if it wants to avoid the matter going to a referendum. The Comprehensive Economic and Trade Agreement (CETA) sets out the removal of tariffs...

Image for Behind FTX’s fall, battling billionaires and a failed bid to save crypto

Behind FTX’s Fall, Battling Billionaires and a Failed Bid to Save Crypto

Date: November 10, 2022

By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message. “I’m sorry,” he told them. “I fucked up.” The reason for the mea culpa: His announcement half an hour earlier that FTX’s arch-rival, Binance, planned to mount a shock...

Image for Shares dip, dollar strengthens as markets eye U.S. inflation data

Shares Dip, Dollar Strengthens as Markets Eye U.S. Inflation Data

Date: November 10, 2022

By Stella Qiu and Alun John SYDNEY/LONDON (Reuters) – Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve’s rate plans, while the likely collapse of a major digital asset exchange rattled crypto investors. MSCI’s world stock index slipped 0.36%, dragged down by losses in...

Image for Dollar climbs ahead of inflation data; cryptos crumble

Dollar Climbs Ahead of Inflation Data; Cryptos Crumble

Date: November 10, 2022

By Rae Wee SINGAPORE (Reuters) – The dollar inched higher ahead of U.S. inflation data due later on Thursday, while cryptocurrencies remained under pressure after crypto exchange Binance scrapped plans to rescue its ailing rival FTX. The greenback surged on Wednesday against its peers but later pared some of those gains, with investors also digesting...

Image for Sterling softens versus dollar against a quiet UK backdrop

Sterling Softens Versus Dollar Against a Quiet UK Backdrop

Date: November 9, 2022

LONDON – Sterling softened against the dollar on Wednesday after three days of gains, ahead of major U.S. inflation data on Thursday and the UK government’s next fiscal statement due next week. At 1124 GMT, the pound was down 0.71% against the dollar at $1.14650, having rallied 3.5% in the last three trading sessions. A...

Image for Russian rouble climbs to one-month high vs dollar

Russian Rouble Climbs to One-Month High vs Dollar

Date: November 8, 2022

By Alexander Marrow MOSCOW (Reuters) -The Russian rouble firmed to its strongest in just over a month on Tuesday, gaining a foothold past 61 to the dollar and clinging on to large gains made in the previous session, thanks in part to still-high oil prices. By 1409 GMT, the rouble was 0.2% stronger against the...