currency-hedging
Top StoriesDollar Rises vs Yen; U.S. Economic Data, Fed Officials’ Comments Supportive
Top StoriesYen Set for Biggest Run of Gains in More Than 2 Years
InvestingStocks and Bond Yields Fall on Taiwan Tensions
Top StoriesRussian Rouble Dives to Over 2-week Lows as Tax Period Ends
Sterling Flirts With Three-Month High vs Euro
Date: July 28, 2022
LONDON (Reuters) – Sterling inched towards a three-month high versus the euro and a one-month high against the dollar as the more positive mood on broader markets encouraged investors back into currencies considered riskier during uncertainty. Analysts say with the conclusion of the Conservative Party leadership contest that will decide the next British prime minister...
Dollar Consolidates at 2-decade High; Euro at Parity
Date: July 15, 2022
By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar held at a two-decade high on Friday as a broad wave of risk aversion swept through global markets, with traders flirting with the prospect of a 100 basis point rate hike by the Federal Reserve later this month. Currencies perceived as riskier, including the Aussie and...
Euro Plunges on Italian Politics, Energy Concerns
Date: July 14, 2022
By Karen Brettell NEW YORK (Reuters) – The euro plunged below parity to a 20-year low on Thursday as concerns over an energy crisis and political turmoil in Italy dented demand for the single currency, while the U.S. dollar was boosted by expectations of aggressive Federal Reserve rate hikes. Italian Prime Minister Mario Draghi’s coalition...
Analysis-Euro Is at Parity; Its Fate Is Now With Energy Markets
Date: July 13, 2022
By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) – The euro’s tumble below $1 for the first time in two decades puts it on course for one of the worst years in its history, especially if the energy price shock triggered by the Ukraine conflict tips the bloc into a prolonged economic crisis. The single...
Analysis-Euro-dollar Parity Leaves ECB Facing Costly Choices
Date: July 13, 2022
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The euro’s tumble to parity against the dollar has pushed the European Central Bank back against a wall, leaving its policymakers with only painful and economically costly choices. Letting the currency fall further would push up already record high inflation, raising the risk of price growth...
Euro Falls Below Parity for the First Time in 2 Decades
Date: July 13, 2022
LONDON (Reuters) -The euro dropped below parity against the dollar the first time in almost two decades on Wednesday, as a hawkish U.S. Federal Reserve and growing concern about rising recession risks in the euro area continued to batter the single currency. The euro started this year on a strong note given a post-pandemic economic...