foreign-currency
Top StoriesDollar Gains Against Yen, Eases Against Euro
Top StoriesDollar Buoyed by Safe-Haven Bids, Rate Jitters
Top StoriesDollar Softens Slightly, Yen in Touching Distance of 150
Top StoriesOil, Gold Jump, Stocks Slip on Middle East Conflict
Dollar Gains Against Euro in Flight to Safety on Israel-Palestinian Fighting
Date: October 9, 2023
Dollar gains against euro in flight to safety on Israel-Palestinian fighting By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The safe-haven dollar rose on Monday against the euro and sterling as military clashes between Israel and the Palestinian Islamist group Hamas raised concerns the conflict could widen beyond Gaza. Israel’s response to the...
Analysis-Is the US Strategy of Engaging China Working?
Date: October 6, 2023
Analysis-Is the US strategy of engaging China working? By Michael Martina and Humeyra Pamuk WASHINGTON (Reuters) – Early in the Biden administration, U.S. Secretary of State Antony Blinken vowed that the United States would only hold talks with China if they led to “tangible outcomes” to resolve disputes between the strategic rivals. Two-and-a-half years later,...
Rouble Recovers Slightly After Slide Past 100 vs Dollar
Date: October 3, 2023
Rouble recovers slightly after slide past 100 vs dollar (Reuters) -The Russian rouble weakened past the symbolic threshold of 100 to the dollar before recovering slightly in early trade on Tuesday, weighed down by foreign currency outflows and the country’s shrinking current account surplus. The rouble’s last tumble into triple digits in August led the...
Exclusive-Travelex Owners Considering Sale of Company –sources
Date: September 29, 2023
Exclusive-Travelex owners considering sale of company –sources By Amy-Jo Crowley and Pablo Mayo Cerqueiro LONDON (Reuters) – Travelex’s owners are exploring a sale of the British currency exchange, which fell into administration in 2020, after bolstering its finances, four sources familiar with the matter told Reuters. The owners, which include former bondholders that took control...
Sterling Drops After UK Economy Contracts by More Than Expected
Date: September 13, 2023
Sterling drops after UK economy contracts by more than expected LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic output contracted by more than expected in July. Sterling was last down 0.3% against the dollar at $1.2459, on track for its biggest daily drop in...
Stocks Decline as Yields, Dollar Rise Amid Global Demand Worries
Date: September 5, 2023
Stocks decline as yields, dollar rise amid global demand worries By Caroline Valetkevitch NEW YORK (Reuters) -World stock indexes eased and the U.S. dollar rose on Tuesday as economic data in China and Europe fueled worries about slowing global growth. Also, U.S. benchmark Treasury yields jumped, while the Aussia dollar fell after the Reserve Bank...