foreign-currency
Top StoriesEuro Falls on Gloomy PMI Data, Dollar Hits 2-month High
Top StoriesDollar Firmer as Traders Look to Jackson Hole Gathering
Top StoriesRouble Strengthens as Market Anticipates Possible Capital Controls
Top StoriesDollar Shines Against Battered Yen; Aussie Dragged by Jobs Data, China Woes
Rouble Strengthens Towards 96 vs Dollar After Emergency Rate Hike
Date: August 16, 2023
Rouble strengthens towards 96 vs dollar after emergency rate hike By Alexander Marrow (Reuters) -The Russian rouble strengthened towards 96 to the dollar on Wednesday, one day after the central bank hiked interest rates to 12% at an emergency meeting and amid speculation over what other steps Russia may take to prop up its struggling...
US Dollar Gains Broadly as Risk Sentiment Turns Sour After Poor Chinese Data
Date: August 8, 2023
US dollar gains broadly as risk sentiment turns sour after poor Chinese data By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) – The U.S. dollar firmed across the board on Tuesday, garnering safe-haven bids, after a disappointing set of Chinese trade figures hurt the yuan and the Australian and New Zealand currencies, with European...
Asian Markets Down, Dollar up After Weak China Trade Data
Date: August 8, 2023
Asian markets down, dollar up after weak China trade data By Scott Murdoch SYDNEY (Reuters) – Asian share markets were mostly weaker on Tuesday but the dollar strode higher as investors digested weaker Chinese trade data ahead of key inflation readings from China and the United States due later this week. MSCI’s broadest index of...
Swiss National Bank Posts $15 Billion Loss During Second Quarter
Date: July 31, 2023
Swiss National Bank posts $15 billion loss during second quarter ZURICH (Reuters) – The Swiss National Bank posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion), it said on Monday, as interest rate hikes by other central banks dented the value of its massive bond holdings. The SNB lost 8.08 billion francs...
Russian Central Bank Governor Speaks After Hiking Rate to 8.5%
Date: July 21, 2023
Russian central bank governor speaks after hiking rate to 8.5% (Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin gave a news conference on Friday after the bank hiked its key interest rate to a higher-than-expected 8.5%. The Bank of Russia officials spoke in Russian. The quotes below were translated into English...
Turkey Backs Sweden’s NATO Entry
Date: July 11, 2023
Turkey backs Sweden’s NATO entry (Reuters) – Turkey’s President Tayyip Erdogan agreed Monday to support Sweden’s bid to join NATO, a move that will expand the military alliance and strengthen its Baltic flank as Russia continues its invasion of Ukraine. Erdogan agreed to forward the membership bid to parliament, appearing to end months of drama...