currency-hedging
FinanceSterling Set for Fourth Monthly Loss as UK Economy Softens
HeadlinesKremlin Brushes Off Trump Tariff Threat to Brics, Says There's No Plan for a Common Currency
FinanceSwiss December Gold Exports to the US Reach Highest Since March 2022
FinanceSterling Edges Down, UK's Reeves Outlines Growth Plans
US Tech and Tariff Shocks Spark Scramble for New Market Havens
Date: January 28, 2025
By Naomi Rovnick LONDON (Reuters) - As a tech stock rout and U.S. dollar swings driven by President Donald Trump's tariff threats send markets into a tailspin, investors are piling into assets from...
Sterling Extends Slide as Dollar Rallies, Gilt Yields Rise
Date: January 24, 2025
By Samuel Indyk LONDON (Reuters) -The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about Britain's fiscal sustainability as gilt yields...
Rising Dollar Pressures Peers as Further Fed Cuts Questioned
Date: January 13, 2025
By Samuel Indyk and Rae Wee LONDON (Reuters) -The dollar rose on Monday, driving its peers to multi-year lows, after Friday's blowout U.S. jobs report underscored the strength of the economy and...
Yen Gains as Some BOJ Policymakers See Rate Hike Soon
Date: December 27, 2024
By Karen Brettell NEW YORK (Reuters) – The Japanese yen rose off a five-month low against the dollar on Friday after a summary of opinions from the Bank of Japan’s December policy meeting showed some policymakers gaining confidence in an imminent rate increase, while the Japanese central bank also cut its monthly bond purchases. Some...
Dollar Set for Big Annual Gain as Traders Brace for High US Rates
Date: December 27, 2024
By Naomi Rovnick and Ankur Banerjee LONDON, SINGAPORE (Reuters) -The U.S. dollar headed towards an almost 7% annual gain on Friday and Japan’s yen for a fourth consecutive year of losses as traders anticipated robust U.S. growth would make the Federal Reserve cautious on rate-cutting well into 2025. The dollar index, which measures the currency...
Dollar Steady, Yen Hovers Near 5-month Low on BOJ Caution
Date: December 27, 2024
By Kevin Buckland and Greta Rosen Fondahn TOKYO (Reuters) -The dollar firmed on Friday at the end of a holiday-thinned trading week, while the yen hovered near a five-month low as traders chewed over contrasting messaging from a hawkish U.S. Federal Reserve and a cautious Bank of Japan. Traders are now betting U.S. rates will...