foreign-currency
Top StoriesSafe-Haven Demand Knocks Risk-Sensitive British Sterling
Top StoriesEU Says It May Not Be Possible to Cross Finish Line on Iran Nuclear Deal
Top StoriesPound Gains, but Focus Stays on Struggling UK Economy
Top StoriesRussian Rouble Rallies; Gazprom Shares Plummet After It Skips Dividend
Russian Missiles Rain Down on Ukraine as West Pledges Enduring Support
Date: June 29, 2022
By Pavel Polityuk KYIV (Reuters) – Russian forces struck targets in the Mykolaiv region of southern Ukraine on Wednesday and intensified attacks on fronts across the country as NATO members met in Madrid to plan a course of action against the challenge from Moscow. Ukrainian President Volodymyr Zelenskiy told the NATO leaders his country needed...
NATO Deal With Turkey Greeted With Caution and Concern in Sweden
Date: June 29, 2022
STOCKHOLM (Reuters) – Sweden and Finland took a step closer to joining the NATO military alliance after Turkey’s decision to drop its objections, but there may still be snags to overcome as some critics say the deal hands a foreign policy veto to Ankara. The three countries reached a breakthrough agreement after more than four...
G7: China Must Press Russia to Stop Ukraine War
Date: June 29, 2022
By Philip Blenkinsop GARMISCH-PARTENKIRCHEN, Germany (Reuters) – G7 leaders urged China on Tuesday to use its influence with Russia to stop its invasion of Ukraine and drop “expansive maritime claims” in the South China Sea, in unprecedentedly tough criticism of Beijing’s policies and human rights record. They called on China to press Russia to pull...
Sterling Holds Ground Despite Brexit Risks and Economic Woes
Date: June 28, 2022
By Lucy Raitano LONDON (Reuters) – The British pound ticked higher against the dollar on Tuesday and was stable against the euro, even amid flaring Brexit-related risks and a murky economic backdrop. After flattish early trading, by 0846 GMT the currency was up 0.16% versus the dollar at $1.22850, and 0.06% lower against the euro...
Factbox-What’s Changed – or Stayed the Same – Since Hong Kong Returned to China
Date: June 28, 2022
By Jessie Pang HONG KONG (Reuters) – Hong Kong returned to China in 1997 after 156 years of British colonial rule. China promised the city wide-ranging freedoms denied to those in mainland China for 50 years, although some say China has reneged on those promises, especially since 2020 under a new national security paradigm. Here’s...
Volatile Rouble Pares Intraday Losses as Russia Slips Into Default Zone
Date: June 27, 2022
MOSCOW (Reuters) – The rouble pared early losses in volatile Moscow trade on Monday as Russia looked set for its first sovereign default in more than a century after a payment deadline expired and the West promised more actions against Moscow over the Ukraine conflict. A 30-day grace period for bondholders to receive $100 million...