foreign-currency
InvestingDollar Set to End Week on a High, Yen at Five-Month Low
InvestingDollar Charges Ahead, Yen Flinches Lower After BOJ Holds
Top StoriesEU Adopts New Russia Sanctions Targeting China, Shadow Fleet
TradingDollar Edges Higher Against Major Peers as Investors Eye Fed Rate Cut
Dollar Hovers Near 3-week High Before Fed; Bitcoin Tops $106,000
Date: December 16, 2024
By Kevin Buckland and Greta Rosen Fondahn TOKYO/GDANSK (Reuters) -The U.S. dollar hovered close to a three-week high versus other major currencies on Monday, ahead of a week of central bank meetings in which markets expect the Federal Reserve to cut interest rates but signal a measured pace of easing for 2025. Bitcoin soared above...
Morning Bid: Chinese Consumers Shut up Shop
Date: December 16, 2024
A look at the day ahead in European and global markets from Wayne Cole. China has kicked off the week with some uninspiring data as retail sales in November rose just 3.0% y/y, when median forecasts had been for +4.6% y/y. House prices also continued to fall, though industrial output did at least hold up....
Dollar Hovers Near 3-week High Before Fed; Bitcoin Tops $105,000
Date: December 16, 2024
By Kevin Buckland TOKYO (Reuters) -The dollar hovered close to a three-week peak versus major peers on Monday amid expectations the Federal Reserve will cut interest rates this week but then signal a measured pace of easing for 2025. Bitcoin soared above $105,000 for the first time, buoyed by signs President-elect Donald Trump will go...
Dollar Set for Best Week in a Month on Cautious Fed Outlook for 2025
Date: December 14, 2024
By Hannah Lang NEW YORK (Reuters) -The dollar headed for its best weekly performance in a month on Friday, as investors priced in the possibility of the Federal Reserve cutting rates more slowly next year, while sterling fell after a surprise contraction in UK economic activity. The U.S. currency also rose against the yen after...
Rouble Rebounds Past 100 vs US Dollar After Putin’s Gas Payments Decree
Date: December 6, 2024
By Gleb Bryanski and Elena Fabrichnaya MOSCOW (Reuters) – The Russian rouble rebounded past 100 to the U.S. dollar, trading at 99.50 on Friday, after a decree by President Vladimir Putin which opened new payment options for European buyers of Russian gas, allowing foreign currency flows to resume. The rouble strengthened by 1.5% against the...
Sterling Ticks Higher in Third Day of Gains
Date: December 5, 2024
By Harry Robertson LONDON (Reuters) – The British pound rose for a third consecutive session on Thursday as it continued to recover from a six-month trough hit in late November. Sterling climbed 0.15% on Thursday to $1.2721, up from a recent low of $1.2475 on Nov. 22. The euro was flat versus sterling at 82.78...