currency-exchange
Dollar Gains, Yen Slips as Japanese Yields Tumble
Euro Logs One-Month High After Trump Delays EU Tariffs
FinanceDollar Advances After White House Reiterates Trump Tariff Threats
HeadlinesChina-Russia 2024 Trade Value Hits Record High - Chinese Customs
Stocks and Dollar Droop in Thin Year-End Trade, 2024 Uptrends Intact
Date: December 27, 2024
By Alden Bentley, Naomi Rovnick and Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global stocks, the dollar and some Treasury yields looked set to wrap up Christmas week on Friday with minor retracements of broad up-trends, succumbing to a dearth of interest and participation heading into the last weekend of the year. Wall Street’s main indexes opened...
Yen Hovers Near 5-month Low as BOJ’s Cautious Stance Weighs
Date: December 27, 2024
By Kevin Buckland TOKYO (Reuters) – The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve’s hawkish messaging contrasted with the Bank of Japan’s cautious approach to further policy tightening. The yen traded at 157.725 per dollar as of 0030 GMT, edging up 0.1% from Thursday, but still...
Stocks Rally as Investors Cheer US Inflation Relief
Date: December 23, 2024
By Amanda Cooper and Wayne Cole LONDON/SYDNEY (Reuters) – Global shares were boosted on Monday by a U.S. inflation reading offering some hope for further policy easing next year, along with relief that Washington had averted a government shutdown. After a recent central bank decisions bonanza, this week only has the minutes of a few...
Asia Shares, Risk Assets Cheer US Inflation Relief
Date: December 23, 2024
SYDNEY (Reuters) -Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further policy easing next year, while there was relief that Washington had averted a government shutdown. After the bonanza of recent central bank decisions, this week is much quieter with only the minutes of a few of...
Markets in 2024: Wall Street’s High-Octane Rally Keeps Investors Captive to the US
Date: December 23, 2024
By Naomi Rovnick, Dhara Ranasinghe and Rodrigo Campos LONDON (Reuters) – Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market currencies to strengthen have firmly defied that consensus. World stocks are set for a second...
Dollar Charges Ahead, Yen Flinches Lower After BOJ Holds
Date: December 19, 2024
By Rae Wee SINGAPORE (Reuters) -The dollar flirted with a two-year peak on Thursday after the Federal Reserve signalled a slower pace of rate cuts in 2025, while the yen blipped lower after the Bank of Japan (BOJ) stood pat on rates. The BOJ kept interest rates steady on Thursday as expected, underscoring policymakers’ preference...