currency-fluctuations
Top StoriesOil Drops 2% in Light Trading on China Demand Concern
Top StoriesVolatile Rouble Falls Again, Cutting Short Slight Recovery
Top StoriesYen Gains on Potential Japan Govt Move for More Flexible Inflation Target
Top StoriesDollar Falls to 3-month Low vs Yen on Powell Remarks on Fed Slowing
Dollar Near One-Week High as Traders Prepare for Powell, Payrolls Tests
Date: November 30, 2022
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a three-day rally, as investors braced for comments from Federal Reserve Chair Jerome Powell later and a crucial monthly jobs report at the end of the week. The euro hovered near a one-week...
Yen Gains Before Powell Speech, Aussie Jumps
Date: November 29, 2022
By Karen Brettell NEW YORK (Reuters) – The greenback edged lower against the Japanese yen on Tuesday with Federal Reserve chairman Jerome Powell due to speak on Wednesday, while the Aussie dollar jumped as sentiment improved on hopes that China would reopen from COVID shutdowns. Powell’s comments will be evaluated for any new signs of...
Russian Rouble Climbs to One-Month High vs Dollar
Date: November 8, 2022
By Alexander Marrow MOSCOW (Reuters) -The Russian rouble firmed to its strongest in just over a month on Tuesday, gaining a foothold past 61 to the dollar and clinging on to large gains made in the previous session, thanks in part to still-high oil prices. By 1409 GMT, the rouble was 0.2% stronger against the...
Dollar Falls as Fed Decision Looms, Yen and Real Gain
Date: November 2, 2022
By Joice Alves and Kevin Buckland LONDON/TOKYO (Reuters) – The dollar slipped on Wednesday as investors awaited a Federal Reserve policy decision amid speculation it might indicate a slowdown in future rate hikes. The central bank will release its policy statement at 2 p.m. EDT (1800 GMT), with investors widely expecting a 75 basis points...
Sterling Rises as Sunak Victory in PM Race Offsets Economic Gloom
Date: October 25, 2022
By Amanda Cooper LONDON (Reuters) -The pound rose on Tuesday, boosted by a degree of investor relief after Rishi Sunak became Britain’s next prime minister, although analysts said gains will likely be short-lived given a gloomy economic outlook. The 42-year-old former finance minister is now Britain’s third prime minister in less than two months. Sunak...
Sterling Falls Again as Investors Await Friday’s U.S. Jobs Data
Date: October 6, 2022
By Harry Robertson LONDON (Reuters) -Sterling slipped on Thursday after a sharp drop the previous day, as investors waited for Friday’s highly significant U.S. jobs data. The pound was 0.66% lower against the dollar at $1.1244, after dropping 1.4% on Wednesday. The euro was last up 0.38% against sterling at 87.67 pence. Gyrations in the...