foreign-currency
Top StoriesCurrency Market Calm as US Inflation Data Holds Focus This Week
Top StoriesDollar Rises After Consumer Sentiment Data, Yen Weaker
Top StoriesDollar Weaker on Renewed Fed Rate Cut Hopes; Yen Wobbles
Top StoriesSterling Gives Back Some Fed-Inspired Gains, Eyes on Local Elections
Sterling Holds Steady as Markets Await Fed Decision
Date: May 1, 2024
Sterling holds steady as markets await Fed decision By Harry Robertson LONDON (Reuters) – The pound held steady on Wednesday as traders waited for the Federal Reserve’s interest rate decision later in the day for hints about when U.S. borrowing costs might start to fall. Sterling was last effectively unchanged from Tuesday at $1.2488, after...
Japanese Yen Surges Against Dollar on Possible Intervention
Date: April 29, 2024
Japanese yen surges against dollar on possible intervention By Chuck Mikolajczak NEW YORK (Reuters) -Japan’s currency surged as much as 5 yen against the dollar from a fresh 34-year low hit earlier on Monday, with traders citing yen-buying intervention by Japanese authorities for the first time in 18 months. The outsized move kicked off what...
Dollar Firmer on Higher U.S. Inflation; Yen Sinks vs Euro, US Currency
Date: April 25, 2024
Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar gained on Thursday after a hotter-than-expected inflation reading for the first quarter, affirming expectations that the start of the Federal Reserve’s easing cycle could be pushed later in the year....
Polish Central Bank Reports Loss of $5 Billion Dollars in 2023
Date: April 24, 2024
Polish central bank reports loss of $5 billion dollars in 2023 WARSAW (Reuters) – The National Bank of Poland (NBP) made a loss of 20.8 billion zlotys ($5.2 billion) in 2023 compared to a loss of 16.9 billion zlotys the previous year, it said in its financial report on Wednesday, later citing the impact of...
Euro at Highest to Yen Since 2008, Markets Nervy Over Toyko Stepping In
Date: April 23, 2024
Euro at highest to yen since 2008, markets nervy over Toyko stepping in By Brigid Riley and Alun John TOKYO/LONDON (Reuters) -The yen hit multi-year lows against the dollar and the euro on Tuesday, keeping investors on heightened intervention watch ahead of this week’s Bank of Japan meeting, while dovish policy maker comments left sterling...
Dollar Firm as US Rates and Earnings Take Center Stage
Date: April 22, 2024
Dollar firm as US rates and earnings take center stage By Alden Bentley and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar ticked higher against the euro and yen in subdued trade after last week’s volatility, with markets taking their lead from the Fed’s higher-for-longer messaging and a firmer Wall Street ahead of results from megacap...