foreign-currency
Top StoriesYen Tumbles to 38-year Low vs Dollar as Likely Japan Intervention Looms
Top StoriesAussie Dollar Jumps on Inflation Spike, While Yen Stays Under Pressure
Top StoriesAsian Shares Subdued, Yen Hits Record Low Versus Euro
Top StoriesElection Concerns in France Give Euro Worst Week in Two Months
Yen Falls After Dovish Boj; Euro Limps Towards Weekly Loss
Date: June 14, 2024
Yen falls after dovish BOJ; euro limps towards weekly loss By Rae Wee SINGAPORE (Reuters) -The yen fell to an over one-month low on Friday after the Bank of Japan (BOJ) stood pat on rates and said it would trim bond buying in the future, while the euro, mired in political turmoil, was headed for...
US Dollar Rallies After Stronger-Than-Expected Jobs Report
Date: June 7, 2024
US dollar rallies after stronger-than-expected jobs report By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The U.S. dollar jumped on Friday after data showed the world’s largest economy created a lot more jobs than expected last month, suggesting that the Federal Reserve could take time in starting its easing cycle this year. U.S. nonfarm...
Morning Bid: Markets in Upbeat Mood as Factories Hum
Date: June 3, 2024
Morning Bid: Markets in upbeat mood as factories hum By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Share markets have started the week in a positive mood, helped in part by signs of accelerating factory activity across Asia where the private Caixin survey showed...
Dollar Slides After US Inflation Meets Expectations in April
Date: May 31, 2024
Dollar slides after US inflation meets expectations in April By Hannah Lang and Joice Alves NEW YORK/LONDON (Reuters) – The dollar was lower and on track for its first monthly decline in 2024 after data showed that U.S. inflation rose in line with expectations in April. The personal consumption expenditures (PCE) price index increased 0.3%...
Sterling Holds Near Two-Month Highs in Volatile Week
Date: May 24, 2024
Sterling holds near two-month highs in volatile week By Amanda Cooper LONDON (Reuters) – The pound eased on Friday after data showed wet weather hit UK consumer spending far more than expected in April, but evidence of sticky inflation, and the surprise announcement this week of a July general election kept sterling near two-month highs....
Dollar Mostly Flat as Market Mulls Inflation Outlook
Date: May 17, 2024
Dollar mostly flat as market mulls inflation outlook By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) – The dollar traded little changed against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve rate cuts amid signs of cooling yet persistent inflation and a softening U.S. economy. While...