currency-exchange
TradingEuro Steady Ahead of French No-Confidence Vote, Won Roiled by Political Crisis
InvestingAsian Stocks Ease, Dollar Drifts Ahead of US Thanksgiving
InvestingDollar Higher, Boost to Safe-Haven Currencies Fades
TradingGlobal Shares Soft; Dollar, Bond Yields Hold Near Multi-Month Highs
Stocks Head South as Fed Chair Sows Rate Cut Doubts
Date: November 15, 2024
By Naomi Rovnick and Nell Mackenzie LONDON (Reuters) – The U.S. dollar was poised for a big weekly gain on Friday, towering near one-year peaks as Federal Reserve rate cut doubts also weighed on Treasuries and world stocks. Fed Chair Jerome Powell said on Thursday there was no need to rush rate cuts to support...
Dollar Slips, Stocks Edge up Before Tight US Election
Date: November 4, 2024
By Koh Gui Qing and Tom Wilson NEW YORK/LONDON (Reuters) -The dollar fell while stocks eked out slim gains on Monday as investors treaded carefully before the U.S. presidential election that will impact the world economy, with a U.S. Federal Reserve interest rate cut also expected later in the week. In the U.S. presidential race,...
Dollar Skids Ahead of US Election, Likely Fed Rate Cut
Date: November 4, 2024
By Wayne Cole SYDNEY (Reuters) -The dollar slid in Asia on Monday as investors braced for a potential pivot this week for the global economy as the United States chooses a new leader, and as it likely cuts interest rates again with major implications for bond yields. The euro extended an early climb to be...
Dollar Gains for Fourth Week as Investors Grow Jittery
Date: October 25, 2024
By Amanda Cooper LONDON (Reuters) -The dollar was set for a fourth weekly gain on Friday, as an uncertain backdrop for markets sent the yen near three-month lows ahead of an election in Japan over the weekend that could complicate the Bank of Japan’s (BOJ) plans to normalise rates. The dollar held steady, underpinned by...
Wall St Follows European Shares Higher After Solid Retail Sales Data
Date: October 17, 2024
By Stephen Culp NEW YORK (Reuters) – U.S. stocks followed their European counterparts higher on Thursday as investors parsed an array of mixed quarterly earnings and digested a series of robust economic reports. All three major U.S. stock indexes advanced in early trading and the dollar built on recent gains after a report from the...
US Dollar Regains Footing as Traders Pare Bets on Big Fed Rate Cut
Date: September 9, 2024
By Gertrude Chavez-Dreyfuss and Sruthi Shankar NEW YORK/LONDON (Reuters) -The dollar bounced against the yen and other major currencies on Monday, as investors looked ahead to U.S. inflation data after Friday’s mixed payrolls report reinforced expectations that the Federal Reserve will likely stick to a smaller interest rate cut of 25 basis points (bps). The...