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Dollar Down for Third Straight Session With Fed in Focus
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Dollar Slips, Riskier Currencies Gain as Market Rebounds
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Thailand Probing Potential Losses for Users of Crypto Platform Zipmex
Pound Struggles Around $1.20 on Economy Worries
Date: July 25, 2022
LONDON (Reuters) – Sterling held around the $1.20 level versus the U.S. dollar on Monday as traders worried about the outlook of the British currency after recent dismal data before a widely expected U.S. interest rate hike this week. Versus the U.S. dollar, the pound held around $1.2005, a shade below Friday’s high of $1.2064...
Buying Crypto for the First Time? Here Are Five Things You Should Know
Date: July 22, 2022
Disclaimer – This article is a Sponsored Feature Presented by Currency Com Bel LLC . The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the views or opinion of Global Banking & Finance Review and in no way an endorsement or recommendation. All investments...
Dollar Slips as ECB Rate Hike Hopes Lift Euro
Date: July 19, 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar fell against the euro for a third straight session on Tuesday, following a Reuters story that European Central Bank policymakers are considering raising interest rates by a bigger-than-expected 50 basis points at their meeting on Thursday to tame record-high inflation. The rebound in the euro,...
Sterling Surges vs Weakening U.S. Dollar, Political Risks Caps Rally
Date: July 18, 2022
By Joice Alves LONDON (Reuters) – Sterling surged against a weakening U.S. dollar on Monday as markets scaled back some of their bets on Federal Reserve rate hikes, but the UK currency’s rally was capped by political risks and persistent recession fears in Britain. Sterling touched a more than two-year low of $1.1761 on Thursday,...
Euro at One-Week High, Helped by Rowback in Fed Rate Hike Bets
Date: July 18, 2022
By Sujata Rao and Rae Wee LONDON (Reuters) – The euro firmed to a one-week high on Monday, benefiting from the dollar’s retreat after several Federal Reserve officials signaled they did not favour stepping up the rate hiking pace. The comments made late last week knocked the dollar off two-decade highs and encouraged traders to...
Sterling Makes Small Gains but Stays Near March 2020 Low
Date: July 15, 2022
By Lucy Raitano LONDON (Reuters) -A depressed British pound rose slightly against the dollar on Friday, but remained near more than two-year lows as nagging recession fears and political uncertainty weighed on sentiment. Driven mainly by dollar swings, the pound was up 0.1% to $1.184, by 1410 GMT, but started the day down and not...