currency-exchange
InvestingShares Rise, Dollar Wobbles After Market Sees Powell Comments as Dovish
InvestingDollar Jumps, U.S. Stocks Buck Global Rally
Top StoriesAsia Shares Weigh China Risks, Yen Hits 6-month High
Top StoriesDollar Soft as China Reopening Hopes Boost Risk Sentiment
Dollar Nears 3-mth Low, Shares Climb After Fed Tests the Brakes
Date: November 24, 2022
By Marc Jones LONDON (Reuters) – World shares touched a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve meeting minutes pointed to a slower pace of U.S. interest rate rises from next month. With Wall Street shut for Thanksgiving, it was up to Europe to continue the rebound...
Dollar Climbs as Traders Eye Central Bankers
Date: October 31, 2022
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar advanced on Monday, regaining some ground it lost earlier in the month, at the start of a week packed with data releases and central bank rate-setting meetings, including by the Bank of England and most importantly the Federal Reserve. The euro slid 0.36% to...
Wall Street Rallies, Dollar Dips on Solid Earnings, UK Policy U-Turn
Date: October 17, 2022
By Stephen Culp NEW YORK (Reuters) – U.S. stocks surged on Monday, following the example of their overseas counterparts as strong earnings and a policy reversal from Britain’s new finance minister stoked investor risk appetite. All three major U.S. stock indexes surged through the starting gate with sharp gains, while Treasury yields eased and the...
Dollar Hits Fresh 24-year High vs Yen After Strong U.S. Inflation Data
Date: October 13, 2022
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar hit a fresh 24-year peak against the yen on Thursday, gaining across the board, after a blistering U.S. inflation report that opened the possibility of a 100-basis-point interest rate hike at next month’s Federal Reserve policy meeting. Data showed U.S consumer prices increased more than expected...
Analysis-After Feverish Week, Global Investors Lick Wounds and Brace for More Chaos
Date: September 26, 2022
By Davide Barbuscia and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – Global investors are preparing for more market mayhem after a monumental week that whipsawed asset prices around the world, as central banks and governments ramped up their fight against inflation. Signs of extraordinary times were everywhere. The Federal Reserve delivered its third straight seventy-five basis...
Stocks Tumble, Dollar Rallies as Soaring U.S. Inflation Implies an Aggressive Fed
Date: September 14, 2022
(Updates after U.S. close, adds commentary) By Sinéad Carew NEW YORK (Reuters) – The dollar index rallied on Tuesday and the S&P 500 tumbled 4% while Treasury yields surged after data showed U.S. consumer prices rising faster than expected in August, prompting bets for more aggressive Federal Reserve rate hikes. Oil futures also lost ground...