currency-hedging
Top StoriesBig UK Tax Cuts Deepen Selloff, Dollar Soars and Bonds Plunge
Top StoriesYen Rallies After Japan Intervenes With First Support Since 1998
Top StoriesAnalysis-Race to Rein in Strong Dollar Is on After Japan Intervenes
Top StoriesDollar Soars to Two-Decade High as Putin Shakes Fx Market Ahead of Fed
Stocks Fall, Bonds and Gold Gain as Russia Threats Add to Fed Jitters
Date: September 21, 2022
By Amanda Cooper LONDON (Reuters) -Stocks fell, while safe havens such as government bonds and the dollar rose, as anxious investors fled risk assets after Russian President Vladimir Putin on Wednesday ordered a mobilisation over Ukraine and accused the West of “nuclear blackmail”. European currencies came under fire, with the euro dropping 0.4% to $0.9932...
U.S. Dollar Gains Ahead of Fed; Swedish Crown Falls After Hike
Date: September 20, 2022
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar rose on Tuesday, trading near a two-decade high, as investors held firm on expectation of another aggressive rate hike by the Federal Reserve, the centerpiece of a week packed with central bank meetings. The Fed starts a two-day meeting on Tuesday, with rate...
Sterling Creeps Higher Despite Downbeat Data as Dollar Wavers
Date: September 13, 2022
By Lawrence White LONDON (Reuters) -Sterling tiptoed up on Tuesday despite data showing Britain’s jobs boom is fading, as the employment report was overshadowed by weakness in the dollar ahead of an update on U.S. inflation that could herald a softer stance from the Federal Reserve. The dollar’s hesitancy gave some respite to the pound,...
Sterling Falls to Weakest Since Early 2021 Against Euro
Date: September 12, 2022
LONDON (Reuters) -Sterling briefly fell to its lowest level since early 2021 against a robust euro on Monday, while news that Britain’s economy grew less than expected in July highlighted a weak growth outlook. A broad pullback in the dollar meant there was some respite for a battered pound, which rallied over 1% to $1.1705...
Murmurs of ‘sterling Crisis’ No Longer Fanciful: Mike Dolan
Date: September 7, 2022
By Mike Dolan LONDON (Reuters) – Even though fears of another “sterling crisis” have been wide of the mark for decades, they are harder to bat away this time around as a fourth British prime minister in six years takes the helm. In an interview last month, Bank of England chief Andrew Bailey testily dismissed...
Sterling Slides Below $1.15 for First Time Since 2020
Date: September 2, 2022
By Tom Wilson and Samuel Indyk LONDON (Reuters) -Sterling skidded against the dollar on Thursday to its lowest level since March 2020 as storm clouds gathered over the British economy and investors seek safety in the U.S currency. Adding to August losses that amounted to its worst month since late 2016, the pound briefly slid...