foreign-currency
Top StoriesSwiss National Bank Says Inflation Battle Not yet Won
TradingSterling Slips as Boost From New China Covid Rules Fades
FinanceBis Warns of $80 Trillion of Hidden Fx Swap Debt
Top StoriesDollar Soft as China Reopening Hopes Boost Risk Sentiment
Euro Sags Against Sterling After Euro Zone Inflation Cools
Date: November 30, 2022
LONDON (Reuters) -The euro retreated against the pound on Wednesday after data showed euro zone inflation cooled off by more than expected in November, reinforcing the case for a slowdown in European Central Bank rate hikes next month. Consumer prices in the 19 countries sharing the euro grew by 10.0% after a 10.6% increase in...
Dollar Slips, While Yuan Slumps on Covid Unrest in China
Date: November 28, 2022
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – The dollar weakened on Monday as investors weighed up the recent drop in U.S. government bond yields, while anti-government protests in China sent the yuan to a two-week low. Protests have flared across China and spread to several cities in the wake of an apartment fire...
G7 Leaders Arranging Emergency Summit After Poland Missile Strike – Kyodo
Date: November 16, 2022
TOKYO (Reuters) – Group of Seven leaders are arranging an emergency summit meeting on Wednesday in response to a missile strike in Poland, the Kyodo news agency said citing a Japanese government source. A Japan and United Kingdom meeting scheduled for the same day has been put on hold, according to the report. (Reporting...
Currency Trading in a Spin After Polish Explosion
Date: November 16, 2022
By Sinéad Carew and Joice Alves NEW YORK/LONDON (Reuters) – Trading in the dollar and the euro was volatile on Tuesday, with both currencies trading below their session highs as investors tried to interpret reports that stray Russian missiles may have hit NATO member Poland, killing two people. The euro had lost ground sharply against...
Dollar Rebounds as Fed Officials Say Hikes to Continue; Yen Slumps
Date: November 15, 2022
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar climbed versus the yen and stayed firm against other major peers on Tuesday as more Federal Reserve officials made the case for even tighter U.S. monetary policy. The greenback edged up against sterling and hovered more than 1% above its two-month trough to the euro after...
FTSE 100 Opens Higher, Informa Leads Gains
Date: November 14, 2022
(Reuters) – UK’s export-oriented FTSE 100 edged higher on Monday as a weaker pound offered support, with shares of Informa jumping to the top of the index after an upbeat earnings outlook. The blue-chip FTSE 100 was up 0.5% by 0807 GMT. The domestically-focused FTSE 250 midcap index rose 0.1% after logging its best week...