foreign-currency
Top StoriesPelosi Praises Taiwan, Says Asian Trip Wasn’t to Change Status Quo
Top StoriesSterling Creeps Lower vs Dollar After BoE’s Gloomy Outlook
Top StoriesDollar Edges Higher Ahead of U.S. Jobs Data
Top StoriesIran Nuclear Talks Resume With Both Sides Playing Down Prospects
Ukraine Warns of New Russian Offensive; Sweden, Finland Move Closer to Joining NATO
Date: August 4, 2022
By Natalia Zinets and Patricia Zengerle KYIV/WASHINGTON (Reuters) -Ukraine said Russia had started creating a military strike force aimed at President Volodymyr Zelenskiy’s hometown of Kryvyi Rih, while NATO moved closer to its most significant expansion in decades as the alliance responds to the invasion of Ukraine. The U.S. Senate and the Italian parliament both...
Top U.S. Diplomat to Arrive in Pacific Amid Battle for Influence With China
Date: August 4, 2022
SYDNEY (Reuters) – A senior U.S. diplomat will travel to Samoa on Thursday on a multi-leg trip to Pacific Island countries intended to demonstrate re-engagement by the United States with a region in which China has been extending its influence. Deputy Secretary of State Wendy Sherman will travel to Samoa and then Tonga, where she...
Russian Pullout Must Precede Any Dialogue, Says Ukraine
Date: August 3, 2022
By Natalia Zinets, Umit Bektas and Max Hunder KYIV/ISTANBUL (Reuters) -Ukraine on Wednesday dismissed comments by ex-German chancellor Gerhard Schroeder that Russia wanted a “negotiated solution” to the war and said any dialogue would be contingent on a Russian ceasefire and the withdrawal of Russian troops. Schroeder, a friend of Russian President Vladimir Putin and...
Yen Set for Biggest Run of Gains in More Than 2 Years
Date: August 2, 2022
By Saikat Chatterjee LONDON (Reuters) – The yen was on track for its biggest run of gains since the depths of the coronavirus crisis in March 2020, as rising U.S.-China tensions over Taiwan and deepening worries about a global economic slowdown boosted the appeal of safe-haven assets. Against the dollar, the Japanese currency was on...
Exclusive-Luxembourg Banks Told to Freeze Ecuador Assets Amid Perenco Dispute, Documents Show
Date: August 1, 2022
By Rowena Edwards and Karin Strohecker LONDON (Reuters) -A Luxembourg bailiff has ordered banks to freeze assets held by Ecuador at accounts in the country as a result of a dispute over a $391 million settlement award that Anglo-French oil company Perenco says remains unpaid, a document seen by Reuters show. Ecuador’s government pledged in...
Dollar Sinks Below 132 Yen as Traders Boost Recession Bets
Date: August 1, 2022
By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar declined to its lowest level in more than six weeks against the Japanese yen on Monday as investors ramped up bets that aggressive Federal Reserve monetary policy would tip the economy into a recession. With traditional market gauges of recession such as yield curve spreads pinned...