currency-hedging
Top StoriesAsian Shares End the Week With a Whimper, Yen Back to Intervention Watch
Top StoriesYen Falls After Dovish Boj; Euro Limps Towards Weekly Loss
Top StoriesDollar Weaker on Renewed Fed Rate Cut Hopes; Yen Wobbles
Top StoriesJapanese Yen Surges Against Dollar on Possible Intervention
Global Stocks Gain on Big Tech Lift; Yen Swings to Fresh 34-yr Low
Date: April 26, 2024
Global stocks gain on Big Tech lift; yen swings to fresh 34-yr low By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan’s yen hit a fresh 34-year low after the Bank of Japan (BOJ) opted to keep monetary policy...
Red Hot U.S. Payrolls Pull Rug Under June Fed Rate Cut Bet
Date: April 5, 2024
Red hot U.S. payrolls pull rug under June Fed rate cut bet By Huw Jones LONDON (Reuters) -The dollar and bond yields rose on Friday after much stronger than expected growth in March U.S. payrolls sent investors scurrying to review their bets on when the Federal Reserve will cut interest rates. The U.S. Labor Department...
Shares Edge Higher; Yen’s Drop to 1990 Low Lifts Nikkei
Date: March 27, 2024
Shares edge higher; yen’s drop to 1990 low lifts Nikkei By Kevin Buckland and Amanda Cooper LONDON/TOKYO (Reuters) – Global shares rose on Wednesday, nudged higher by a rally in Japanese stocks as the yen sagged to its weakest since 1990, while the dollar held mostly steady in a holiday-shortened week that ends with a...
UK Economy May Be Turning From Headwind Into Tailwind for Sterling
Date: March 13, 2024
UK economy may be turning from headwind into tailwind for sterling By Harry Robertson LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but the economy is showing enough signs of improvement to persuade investors that the Bank of England will still have to keep...
Sterling Inches Higher After Last Week’s Fall
Date: February 19, 2024
Sterling inches higher after last week’s fall By Harry Robertson LONDON (Reuters) – The pound edged slightly higher on Monday after falling last week, as investors waited for new impetus from survey data on Thursday. Sterling was last up 0.12% at $1.2615 after slipping 0.25% last week. U.S. markets are closed for the Presidents’ Day...
Sterling Steady but Set for 5% Rally in 2023
Date: December 27, 2023
Sterling steady but set for 5% rally in 2023 By Harry Robertson LONDON (Reuters) – The pound was little changed in subdued trading on Wednesday but remained on track to be one of the best performing currencies in 2023. Sterling was last down 0.06% at $1.2716, off a four-month high of $1.279 touched earlier in...