currency-hedging
InvestingDollar Holds Firm as US Rates Outlook Still Dominates
Top StoriesEuro Edges Down, Dollar Hovers Around Two-Year High
InvestingDollar Strong Ahead of Fed Meeting, Japan Auto Shares Surge on Honda-Nissan News
TradingEuro Steady Ahead of French No-Confidence Vote, South Korean Won Rebounds
Korean Won, ETFs Trim Losses After SKorea’s Yoon Says Will Lift Martial Law
Date: December 4, 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The South Korean won came off a more than two-year low against the dollar on Tuesday, while exchange traded funds linked to South Korean stocks similarly cut losses after President Yoon Suk Yeol said he would lift a martial law he had imposed just hours before. Yoon’s martial law...
Euro Gains as Crisis Comes to a Head; South Korean Won Cuts Losses as Martial Law Lifted
Date: December 4, 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro rose modestly against the U.S. dollar on Tuesday, as political turmoil in France sent traders scrambling for hedging protection against further price swings, with some market participants noting that the crisis could be nearing the end. The South Korean won, meanwhile, was one of the biggest movers,...
South Korean Won, ETFs Tumble After Govt Declares Martial Law
Date: December 3, 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The South Korean won dropped to a more than two-year low against the U.S. dollar on Tuesday, while exchange traded funds linked to South Korean stocks fell after President Yoon Suk Yeol declared martial law in an unannounced late-night address live on YTN television. The South Korean unit fell...
Euro Tiptoes Higher, France Turmoil Keeps Investors on Edge
Date: December 3, 2024
By Amanda Cooper LONDON (Reuters) -The euro rose on Tuesday, regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while the yuan hit a 13-month low on tariff risks and weakness in China’s economy. The yen, which has gained nearly 4.5% in the last two weeks,...
Euro Steadies, France Turmoil Keeps Investors on Edge
Date: December 3, 2024
By Amanda Cooper LONDON (Reuters) -The euro edged up on Tuesday, regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while the yuan hit a 13-month low on tariff risks and weakness in China’s economy. The yen, which has gained nearly 4.5% in the last two...
Dollar Rides High on Flagging Euro and Yuan
Date: December 3, 2024
SINGAPORE (Reuters) -The dollar was buoyant on Tuesday as political turmoil in France undermined the euro, while tariff risks and weakness in China’s economy pushed the yuan to a 13-month low. The resurgent yen retreated slightly but remains near six-week peaks on the dollar, as traders are growing in confidence that Japan may hike rates...