foreign-currency
Top StoriesDollar Eases in Thin Black Friday Trading on Bets Rates Have Peaked
Top StoriesChina Offers Visa-Free Entry for Citizens of France, Germany, Italy
Top StoriesDollar Poised for Steep Weekly Fall, Yen Trades Below 150
Top StoriesDollar Gains After U.S. Retail Sales Fall Less Than Expected
German Economy, Auto Sector Face Risks From Exposure to China, Fund Manager Says
Date: November 15, 2023
German economy, auto sector face risks from exposure to China, fund manager says By Christoph Steitz FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for Europe’s top economy, the country’s second-largest fund manager said, singling out the market for electric vehicles as a specific example for how that is likely to...
Dollar Rebound Extends for Third Day Before Fed’s Powell Speech
Date: November 8, 2023
Dollar rebound extends for third day before Fed’s Powell speech By Samuel Indyk LONDON (Reuters) -The dollar’s rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door open to further rate hikes, as traders looked to a speech from Chair Jerome Powell on the central bank’s future policy path....
Sterling Rises After Best Week in a Year as Dollar Slide Continues
Date: November 7, 2023
Sterling rises after best week in a year as dollar slide continues By Harry Robertson LONDON (Reuters) – The pound rose on Monday, extending the previous week’s rally, as a slide in U.S. bond yields continued to weigh on the dollar. Sterling was last up 0.23% at $1.2409, trading at its highest in more than...
Yen Rises From One-Year Low After Official Escalates Intervention Warning
Date: November 1, 2023
Yen rises from one-year low after official escalates intervention warning By Tom Westbrook and Harry Robertson SINGAPORE/LONDON (Reuters) – The battered yen recovered some ground on Wednesday on threats of intervention from Japanese authorities, and as investors shifted focus to the Federal Reserve’s policy decision later in the day. The dollar was last down 0.33%...
US Dollar Slides Ahead of Central Bank Meetings, Key Data This Week
Date: October 30, 2023
US dollar slides ahead of central bank meetings, key data this week By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The U.S. dollar fell on Monday, dropping to a two-week low against the yen, as traders looked ahead to several major central bank meetings and a slew of major economic data releases this...
Analysis-Swiss Franc Shines as Investors Scramble for Safe Assets
Date: October 20, 2023
Analysis-Swiss franc shines as investors scramble for safe assets By Naomi Rovnick and John Revill LONDON/ZURICH (Reuters) – The potential for the Israel-Hamas conflict to worsen and poor corporate earnings have sent investors scrambling for safety with few havens left, as high-for-longer U.S. rate expectations batter government bonds and the yen. Enter the Swiss franc,...