currency-hedging
Top StoriesRussian Rouble Soars to 83 vs Dollar Before Easing, Stocks Mixed
InvestingBonds Take a Fresh Beating, Yen Slides to Lowest Since 2015
TradingRouble Steadies Near 104 vs Dollar, Russia Pays Eurobond Coupon
Top StoriesEuro Set for Biggest Weekly Rise in 6 Weeks
Euro Edges Up, Focus on Ukraine Talks
Date: March 17, 2022
By Stefano Rebaudo (Reuters) -The euro rose on Thursday with investors closely watching for developments in talks between Russia and Ukraine, while the Federal Reserve’s monetary policy decision failed to affect the market as the bar for a hawkish surprise was high. The Kremlin said that Russia was putting colossal energy into talks on a...
Russian Rouble Rises in Low Volumes, Market Eyes Coupon Payments
Date: March 16, 2022
(Reuters) -The Russian rouble rose against the dollar in Moscow and offshore trading on Wednesday, although volumes remained thin and other Russian assets continued to be un-tradable. Bombs rained down on Ukrainian cities despite talk of compromise from both Moscow and Kyiv in peace negotiations, three weeks after the start of the Russian invasion. Market...
Sanctioned Russia Teeters on Brink of Historic Default
Date: March 16, 2022
By Marc Jones LONDON (Reuters) – The economic cost of Russia’s assault on Ukraine was further exposed on Wednesday as the sanctions-hit country teetered on the brink of its first default on international debt since the Bolshevik revolution. Moscow is due to pay $117 million in interest on two dollar-denominated sovereign bonds it sold in...
Euro Rises on Hopes of Progress in Ukraine Peace Talks
Date: March 15, 2022
By Stefano Rebaudo (Reuters) – The euro rose on Tuesday on hopes of progress in peace talks between Ukraine and Russia despite soaring COVID-19 cases in China dampening risk appetite. Further talks between Ukrainian and Russian negotiators to ease the crisis were expected on Tuesday after discussions via video ended with no new progress announced....
Euro Advances From 22-month Lows on EU Bond Issuance Report
Date: March 8, 2022
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro on Tuesday climbed from 22-month lows against the U.S. dollar hit the previous session, lifted in part by expectations that the euro zone will increase fiscal spending to help offset the economic effects of Russia’s invasion of Ukraine. Investors were also hesitant to sell...
Euro Rises From 22-month Lows on Reported EU Bond Issuance Plans
Date: March 8, 2022
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The euro on Tuesday rallied from 22-month lows against the U.S. dollar hit the previous session, lifted by expectations that the euro zone will increase fiscal spending to help offset the economic effects of the Russia-Ukraine conflict, which pushed energy and other commodity prices higher....