currency-exchange
Top StoriesWorld Shares Climb on Fed Cut Bets, China Gains; Yen Weakens
Top StoriesStocks Tumble, Dollar Firms Amid Geopolitical Risk, Mixed Central Bank Views
Top StoriesAsian Shares Fall on U.S. Rate Scare, Yen Plumbs 34-yr Low
Top StoriesDollar Stands Firm as Sticky US Inflation Dents Rate Cut Expectations
Wall St Dips, Dollar, US Yields Rise on Rate Outlook Jitters
Date: January 16, 2024
Wall St dips, dollar, US yields rise on rate outlook jitters By Stephen Culp NEW YORK (Reuters) – U.S. stocks edged lower while the dollar gathered strength as the World Economic Forum in Davos entered its second day amid warnings that markets might have gotten ahead of themselves with respect to the timing and extent...
Global Stocks Retreat, Treasury Yields Rise as Rate Cut Optimism Fades
Date: January 2, 2024
Global stocks retreat, Treasury yields rise as rate cut optimism fades By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Stocks on Wall Street and in Europe fell on Tuesday, along with prices for U.S. and other government debt, as market optimism that the Federal Reserve will cut interest rates sharply this year faded. The...
Dollar Poised for Steep Weekly Fall, Yen Trades Below 150
Date: November 17, 2023
Dollar poised for steep weekly fall, yen trades below 150 By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) -The dollar headed toward one of its steepest weekly declines versus other major currencies this year on Friday, while the yen strengthened sharply to trade below 150 to the dollar as concerns grow about the weakening...
Shares Lose Steam as Interest Rate Optimism Fades
Date: November 7, 2023
Shares lose steam as interest rate optimism fades By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) – World shares lost steam on Tuesday as investor enthusiasm about a peak in global interest rates faded, while the Australian dollar dropped after investors bet central bank rate hikes were nearing their end. The MSCI world equity index,...
Dollar Gains Against Yen, Eases Against Euro
Date: October 16, 2023
Dollar gains against yen, eases against euro By Karen Brettell NEW YORK (Reuters) – The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve officials that will be watched for further clues on interest rate policy and as investors monitored developments in the Middle East. Traders are evaluating whether the...
Blow-Out U.S. Jobs Growth Buoys Dollar, Hits Stocks and Bonds
Date: October 6, 2023
Blow-out U.S. jobs growth buoys dollar, hits stocks and bonds By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -A blowout U.S. jobs report on Friday sent the dollar higher and cast a pall over stocks and bonds as the data increased fears that interest rates will stay elevated for longer and stirred concerns the...