currency-hedging
Top StoriesJohnson’s Weakness Pins Britain’s Pound Near 3-week Lows
TradingDollar Retreats as Investors Reach for Riskier Currencies
Top StoriesEuro and Yen Rebound vs Dollar, Swiss Franc Gains on Inflation Jump
Top StoriesAfter Sharp Fall, Hungarian Forint Faces Slow Recovery Over Next Year – Reuters Poll
Dollar Edges up Against Euro, Hits Two-Week High vs Yen
Date: June 1, 2022
By Samuel Indyk LONDON (Reuters) – The euro edged further away from a one-month high on Wednesday and the U.S. dollar nudged up, lifted by higher Treasury yields as global inflation worries flared anew. The dollar index, which measures the currency against six major peers, including the euro, rose 0.2% to 101.96, extending Tuesday’s gains,...
Sterling Steady Near One-Month High
Date: May 30, 2022
LONDON (Reuters) – The British pound traded little changed against a faltering U.S. dollar on Monday but was still set for its first monthly gain in five as the risk-sensitive currency benefited from improving sentiment. As markets have readjusted their rate hike expectations from the Federal Reserve lower, the dollar index has weakened over 3.5%...
Sterling Heads for Second Weekly Gain After UK Household Support Plan
Date: May 27, 2022
LONDON (Reuters) – Britain’s pound looked set for a second weekly rise and was close to a one-month high on Friday, helped by a large government spending package to support households and which economists said should support the economy in the short term. The government on Thursday announced a 25% windfall tax on oil and...
Pound Touches 3-week High, UK Household Support Plan in Place
Date: May 26, 2022
By Dhara Ranasinghe LONDON (Reuters) -Sterling briefly touched its highest level in three weeks on Thursday, with the UK government’s latest measures to help alleviate a cost of living crisis seen supporting the economy in the short term. Britain announced a 25% windfall tax on oil and gas producers’ profits, alongside a 15 billion pound...
Russia to Service Foreign Debt in Roubles if Other Options Blocked -Finance Minister
Date: May 18, 2022
(Reuters) – Russia will service its external debt obligations in roubles if the United States blocks other options and will not call itself in default, Finance Minister Anton Siluanov said. Washington is considering blocking Russia’s ability to pay its U.S. bondholders by allowing a key waiver to expire on May 25, which could take Moscow...
Dollar Dips to End Trading Week but Set for Weekly Gain
Date: May 13, 2022
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar slipped on Friday as a rally in equities contributed to a risk-on mood, but was still set for a sixth straight week of gains as investors remained concerned about slowing global growth and Federal Reserve policy tilting the United States into a recession. High inflation and...