currency-hedging
TradingSterling Rises Versus Euro Towards Its 2-1/2-year High
InvestingExclusive-Russia’s Vtb Expects Rouble to Stabilise Around 100/dollar, CEO Says
InvestingDollar Edges Higher Amid Rate, Political Uncertainty
TradingYen Hits Six-Week High, Dollar Dips for Month-End
Russia’s Economy Will Need to Adapt to New US Sanctions, Economy Minister Says
Date: November 29, 2024
MOSCOW (Reuters) – The Russian rouble will strengthen when temporary speculative factors and market nervousness are gone, but the economy will need to adapt to new U.S. sanctions targeting the banking sector, Economy Minister Maxim Reshetnikov said on Friday. The rouble was largely stable against all major currencies on Friday but remained at its lowest...
Companies Bolster Currency Hedges After Trump Win as Tariffs Loom
Date: November 27, 2024
By Laura Matthews and Saqib Iqbal Ahmed NEW YORK (Reuters) – Multinational companies are beefing up their foreign exchange hedging strategies to guard their overseas earnings from larger currency swings that could come from a second Donald Trump presidency. Since the U.S. election three weeks ago, strategists and bankers said they are seeing more interest...
Sterling Sags as ‘Trump Bump’ Lifts Dollar
Date: November 21, 2024
By Amanda Cooper LONDON (Reuters) – The pound eased modestly against the dollar, which held firm on Thursday, as investors remained laser-focused on who President-elect Donald Trump’s Treasury Secretary pick might be and what that might mean for his policies on growth, trade and taxes. With the dollar in the ascendant, sterling wilted, last down...
Safe-Haven Currencies Strengthen After Russia Adjusts Nuclear Doctrine
Date: November 19, 2024
By Chuck Mikolajczak NEW YORK (Reuters) – Safe-haven currencies saw increased demand on Tuesday, with the U.S. dollar, the Swiss franc and the yen attracting buyers after Russia updated its nuclear doctrine in response to the escalating conflict with Ukraine. Ukraine used U.S. ATACMS missiles to strike Russian territory for the first time, Moscow said,...
UK Fund Managers Pay More to Hedge in 2024, MillTechFX Survey Says
Date: November 19, 2024
By Nell Mackenzie LONDON (Reuters) – More UK fund managers say they’ve paid higher costs in 2024 to protect their investment portfolios against fluctuations in currency markets, according to survey results by software provider, MillTechFX. This year, 88% of UK fund managers said they decided to hedge their investments against currency risk, up from 75%...
Why Is the Euro Falling and Could It Hit $1?
Date: November 13, 2024
Why is the euro falling and could it hit $1? LONDON (Reuters) – The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s U.S. election win raises the prospect of a hike in tariffs that could deal a fresh blow to the euro zone economy. At around...