trading
Trading
Euro hovers near two-year low vs dollar as ECB disappoints markets
Trading
Short-dated yields, euro fall as ECB refrains from naming stimulus rollback date
Trading
U.S. dollar climbs to near 20-year peak vs yen as more Fed hikes loom
Top Stories
Japanese yen falls to 20-year low as dollar outlook bright
Sterling drops to lowest since Nov 2020 after UK inflation data
Date: April 13, 2022
By Joice Alves LONDON (Reuters) – Sterling dropped on Wednesday to its lowest level against the U.S. dollar since November 2020 as British consumer price inflation leapt to its highest level in three decades. Raising doubts on how aggressive the Bank of England tightening measures will be, British consumer prices jumped to an annual rate...
Investors snap up dollar on hawkish Fed views; yen slumps past 126
Date: April 13, 2022
By Saikat Chatterjee LONDON (Reuters) – The Japanese yen weakened past the 126 yen per dollar mark on Wednesday for the first time since 2002 while the euro was pinned at a one-month low as investors flocked to the U.S. currency after some hawkish comments by Federal Reserve officials. Though U.S. monthly underlying inflation pressures...
Dollar rebounds as Brainard assures markets Fed will stay the course
Date: April 12, 2022
By Hannah Lang WASHINGTON (Reuters) -The dollar rebounded on Tuesday after digesting slightly softer-than-expected U.S. inflation data, while the euro extended losses ahead of a policy-setting meeting at the European Central Bank. Federal Reserve Governor Lael Brainard said on Tuesday that there were some signs of “welcome” cooling in the latest inflation readout, but emphasized...
Sterling strengthens slightly, holding around $1.30
Date: April 12, 2022
By Elizabeth Howcroft LONDON (Reuters) -Sterling strengthened slightly on Tuesday, hovering around the $1.30 level for its third session in a row, having shown little reaction to news that Britain’s prime minister and finance minister will receive fines for breaking lockdown rules. World stocks edged higher after a wobbly start, while U.S. Treasury yields slipped...
Euro boosted by French election, dollar near two-year highs
Date: April 11, 2022
By Karen Brettell NEW YORK (Reuters) – The dollar held just below two-year highs against a basket of currencies on Monday as it continued to be supported by higher U.S. Treasury yields, while the euro rallied after French leader Emmanuel Macron beat far-right challenger Marine Le Pen in the country’s first round of presidential voting....
Using an economic calendar – How can it help when trading?
Date: April 11, 2022
Participants in the financial markets are constantly monitoring the release of economic indicators, that is natural. How the economy evolves has the potential to influence asset prices. At the same, because activity in the market tends to spike when figures are released, it can provide opportunities to take advantage of short-term momentum bursts. However, although...