foreign-currency
InvestingMorning Bid: Trump Changes Tune on Strong Dollar
TradingPound Set for Best Week Since September as Dollar Stumbles
Top StoriesRussia’s Economy Will Need to Adapt to New US Sanctions, Economy Minister Says
InvestingYen Surges to 150 per Dollar Amid Growing BOJ Rate Hike Bets
Nissan October Production Down Globally Except in Mexico, but Trump Tariff Threat Looms
Date: November 28, 2024
TOKYO (Reuters) – Nissan Motor said on Thursday its global production fell for a fifth straight month in October, led by downshifts at most of its manufacturing hubs except for Mexico. While global sales also dropped for a seventh month, sales in Nissan’s core market, the United States, grew for the first time in three...
Dollar Heads on Holiday; Won Slips on Surprise Rate Cut
Date: November 28, 2024
By Tom Westbrook SINGAPORE (Reuters) -The dollar steadied on Thursday helped by a surprise interest rate cut in South Korea, while the yen eyed its strongest week in three months on growing bets Japan hikes rates in December. The yen weakened slightly through the Asia session. But at 151.59 per dollar, it is up 2.4%...
Dollar Falls Amid Economic Data Dump Before Long Weekend
Date: November 28, 2024
By Alden Bentley NEW YORK (Reuters) -The dollar fell broadly on Wednesday in thin pre-holiday trade, digesting a slew of indicators that underscored U.S. economic resilience while investors assessed the risk that President-elect Donald Trump will start a tariff war no one will win. The decline further unwound the dollar’s recent rally. Few traders were...
Dollar Drops as Markets Weigh Trump Tariff Vow, Yen Hits 5-week High
Date: November 27, 2024
By Stefano Rebaudo (Reuters) -The U.S. dollar fell to a one-week low against its major peers on Wednesday as investors grew cautious about President-elect Donald Trump’s tariff pledges while rebalancing their portfolios before the end of the month. Markets will closely watch Personal Consumption Expenditures (PCE) price index due out later on Wednesday, before U.S....
Sterling Drops Versus Dollar, Flat Against Euro, Awaits Data
Date: November 27, 2024
By Stefano Rebaudo (Reuters) – Sterling rose against the dollar and was little changed versus the euro on Wednesday, with investors focused on the market reaction to U.S. President-elect Donald Trump’s tariff promises. Markets will closely watch the U.S. economic data later in the day, which could affect the Federal Reserve’s easing path. The greenback...
Dollar Drops as Markets Weigh Trump Tariff Vow, Yen Jumps
Date: November 27, 2024
By Stefano Rebaudo (Reuters) -The U.S. dollar fell to a one-week low against its major peers on Wednesday as investors grew cautious about President-elect Donald Trump’s tariff pledges while rebalancing their portfolios before the end of the month. Markets will closely watch Personal Consumption Expenditures (PCE) price index due later on Wednesday, before U.S. markets...