currency-hedging
Top StoriesSwiss Franc Grapples With Safe-Haven Identity Crisis After Credit Suisse
Top StoriesDollar Pauses for Breath as Fed Swings Into Focus
Top StoriesDollar Slips, Yuan Gains on China Pmi; Hot Inflation Lifts Euro
Top StoriesYen Trims Gains as Possible Next BOJ Governor Says Current Policy Appropriate
Dollar in Doldrums as Euro Near 9-month Peak, Yen Bounces
Date: January 24, 2023
By Kevin Buckland TOKYO (Reuters) – The dollar hovered near a nine-month low to the euro and gave back recent gains against the yen on Tuesday, as traders weighed the risks of a U.S. recession and the path for Federal Reserve policy. The U.S. dollar index – which measures the greenback against a basket of...
Dollar Stabilises Near Seven-Month Lows
Date: January 10, 2023
By Alun John SINGAPORE/LONDON (Reuters) – The dollar steadied near its softest in seven months against the euro on Tuesday after more hawkish comments overnight from two U.S. Federal officials helped it to stem its recent losses ahead of remarks by Fed chair Jerome Powell due later in the day. The euro was at $1.0736,...
Sterling Rises Against Weakening Dollar, Slightly up Versus Euro
Date: January 4, 2023
By Stefano Rebaudo (Reuters) – Sterling rose against a weakening dollar and was slightly higher versus the euro as a relaxation of COVID rules in China sent investors bidding for risky currencies. Chinese state media played down the severity of a surge of COVID-19 infections on Tuesday, triggering hopes that a post-pandemic recovery in China...
Swiss National Bank Steps up Forex Sales During Q3
Date: December 30, 2022
ZURICH (Reuters) – The Swiss National Bank increased its forex sales to 739 million Swiss francs ($799.35 million) during the third quarter of 2022, the central bank said on Friday, showing how its focus has switched from stemming the safe-haven currency’s strength to fighting inflation. The figure was an acceleration from the 5 million francs...
Dollar Hits One-Week High vs Yen, Drops Against Pound as UK Markets Reopen
Date: December 28, 2022
By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) – The dollar touched a one-week high against the yen on Wednesday, boosted by a jump in Treasury yields and investor expectations for a rebound in Chinese growth as COVID-19 curbs loosen. Meanwhile, the pound headed towards its largest one-day rise against the dollar in two weeks...
Dollar to Rebound, Accumulate Safe-Haven Strength in 2023: Reuters Poll
Date: December 7, 2022
By Indradip Ghosh BENGALURU (Reuters) – The dollar will rebound against most currencies over the coming months, with the growing threat of recession in the U.S. and elsewhere keeping it firm in 2023 through safe-haven flows, according to market strategists polled by Reuters. While most said there was not much scope for further dollar upside...