currency-fluctuations
Top StoriesSterling Falls to Lowest Level Since September 2020 Versus Dollar
TradingU.S. Dollar Rallies to More Than 2-year Hike on Steep Fed Rate Hike Outlook
Top StoriesEuro Boosted by ECB Rate Hike Bets, Macron’s Debate
Top StoriesInvestors Snap up Dollar on Hawkish Fed Views; Yen Slumps Past 126
Sterling Strengthens Slightly, Holding Around $1.30
Date: April 12, 2022
By Elizabeth Howcroft LONDON (Reuters) -Sterling strengthened slightly on Tuesday, hovering around the $1.30 level for its third session in a row, having shown little reaction to news that Britain’s prime minister and finance minister will receive fines for breaking lockdown rules. World stocks edged higher after a wobbly start, while U.S. Treasury yields slipped...
Dollar Heads Towards 2-year High After Fed Aids Greenback Bulls
Date: April 7, 2022
LONDON (Reuters) – The dollar was heading towards a two-year high against a basket of major currencies on Thursday after meeting minutes showed the Federal Reserve preparing to move aggressively to fight inflation, while commodity-linked currencies fell further. The euro remained near a one-month low below $1.09 as investors await European Central Bank minutes due...
Sterling Rises Against Dollar, Falls Versus Euro on Ukraine Talks
Date: March 29, 2022
By Samuel Indyk LONDON (Reuters) -The British pound rose against the dollar and fell against a strengthening euro on Tuesday after Ukrainian and Russian negotiators announced progress in their peace talks. Russia promised to scale down its military operations around Kyiv and northern Ukraine, while Ukraine proposed to adopt a neutral status with international guarantees...
Peace Talks Send Euro Higher, Overshadowing Expected Fed Rate Hike
Date: March 16, 2022
By Joice Alves LONDON (Reuters) – The euro jumped on Wednesday, set for its third consecutive day of gains, after Russian Foreign Minister Sergei Lavrov said peace talks with Ukraine were not easy but there was hope for compromise. In a busy day for markets, a stronger euro and Chinese yuan overshadowed the dollar index,...
Sterling Rises vs Euro, Focus on Economy, Rate Hike Bets
Date: March 2, 2022
(Reuters) -Sterling rose against a weakening euro on Wednesday, with investors focusing on market bets on UK and euro zone rate hikes amid concerns about the economic impact of the war in Ukraine. The pound edged higher also versus a rising dollar while investors continued to rush into safe-haven assets. The European Union said on...
Euro Weakens, Rouble Slumps as Sanctions Piled on Russia
Date: February 28, 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The Russian rouble plunged and the euro nursed losses against the U.S. dollar on Monday as the West ramped up sanctions against Russia over its Ukraine invasion, prompting investors to shun riskier currencies. Western allies have ramped up efforts to punish Russia with new sanctions including cutting off...