foreign-currency
Top StoriesSwiss National Bank Posts Record H1 Loss, Says No Policy Impact
Top StoriesNo Deal With U.S. Yet on Griner Swap for ‘Merchant of Death’ Arms Dealer -Russia
Top StoriesRussian Rouble Dives to Over 2-week Lows as Tax Period Ends
Top StoriesDollar Pares Gains as US Growth Contracts for Second Quarter
Dollar Hits Three-Week Low to Yen as Fed’s Powell Less Hawkish Than Feared
Date: July 28, 2022
By Kevin Buckland and Rae Wee TOKYO (Reuters) – The dollar dropped to a three-week low versus the yen on Thursday after Federal Reserve Chair Jerome Powell assuaged investors’ worries about continued aggressive monetary tightening. The U.S. currency sank as low as 135.105 yen, its weakest since July 6 after the Fed raised the benchmark...
Egypt Cancels Contracts for 240,000 T of Stranded Ukrainian Wheat -Sources
Date: July 27, 2022
By Sarah El Safty CAIRO (Reuters) – Egypt has cancelled contracts for a total of 240,000 tonnes of Ukrainian wheat that were booked by its state grains buyer for February and March delivery but never loaded due to Russia’s invasion of Ukraine, two people with knowledge of the matter said. Reuters reported in May that...
Philippines Scraps Russian Helicopter Deal – Ap
Date: July 27, 2022
(Reuters) – The Philippines has scrapped a deal to buy 16 Russian military transport helicopters because of fears of U.S. sanctions, the Associated Press reported on Wednesday, citing Philippine officials. A former Philippine defence secretary, Delfin Lorenzana, said late on Tuesday the 12.7 billion peso ($227 million) deal to acquire the Mi-17 helicopters had been...
Russian Gas Cut to Europe Hits Economic Hopes, Ukraine Reports Attacks on Coastal Regions
Date: July 26, 2022
By Pavel Polityuk and Max Hunder KYIV (Reuters) – Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain. The first ships...
Dollar Down for Third Straight Session With Fed in Focus
Date: July 25, 2022
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar weakened against a basket of major currencies on Monday, as investors weighed the implications of a rate hike by the U.S. Federal Reserve in an economy that may be on the cusp of a recession. The central bank is widely expected to raise interest rates by...
Russia Says Grain Deal Stands Despite Missile Attack on Ukraine’s Odesa
Date: July 25, 2022
By Pavel Polityuk and Max Hunder KYIV (Reuters) -Russia on Monday brushed aside Western and Ukrainian alarm that a missile strike by its forces on Ukraine’s port of Odesa could derail a U.N.-brokered deal aimed at easing global food shortages by resuming grain exports from the Black Sea region. The Kremlin said Saturday’s strike –...