foreign-currency
Top StoriesSwiss National Bank Sight Deposits Drop as Fx Intervention Winds Down
Top StoriesNorth Korea Says U.S. Is Setting up Asian Nato; Vows Stronger Defence
Top StoriesUkraine Set to Withdraw From Sievierodonetsk as Russia Closes In
Top StoriesUkraine Loses Key Town as Russia Claims It Surrounds Troops
Pound Gets a Lift From Smaller Retail Sales Decline, Weak Dollar
Date: June 24, 2022
By Lucy Raitano LONDON (Reuters) – Sterling edged up against the dollar on Friday and was set for its first weekly rise in four weeks, as a weaker greenback and better-than-expected retail data allowed investors to look past mounting pressure on British Prime Minister Boris Johnson. Data on Friday showed retail sales volumes in May...
Rouble Stays Near 7-yr Peaks, Ofz Bonds Climb Higher
Date: June 24, 2022
(Reuters) – The Russian rouble stabilised near seven-year peaks on Friday, supported by capital controls and high prices for Russian exports, such as oil and gas, while OFZ government bond prices climbed higher. At 0715 GMT, the rouble was 0.1% weaker against the dollar at 53.50, near its strongest level since mid-2015 of 52.80 it...
Ukraine and Russia: What You Need to Know Right Now
Date: June 23, 2022
(Reuters) – Ukraine will be accepted as a candidate to join the European Union on Thursday, a move that will boost the country’s morale as the battle with Russian troops for two cities in the east reached what one official called a “fierce climax”. FIGHTING * Ukrainian forces are defending the eastern city of Sievierodonetsk...
Dollar Slips as Global Growth Worries Fester
Date: June 22, 2022
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar eased against the euro and yen on Wednesday as concerns mounted that interest rate hikes by major central banks to contain inflation run the risk of inducing a sharp global slowdown or recession. British consumer price inflation hit a new 40-year high at...
Swiss Current Account Surplus Widens, SNB Slows Forex Action
Date: June 22, 2022
ZURICH (Reuters) -Switzerland’s first-quarter current account surplus widened to 19 billion Swiss francs ($19.63 billion), 4 billion francs more than in the same quarter in 2021, the Swiss National Bank (SNB) said on Wednesday. “The increase was primarily due to the higher receipts surplus in goods trade (up CHF 6 billion), which resulted from merchanting...
Yen Sinks to Fresh 24-year Low vs U.S. Dollar
Date: June 21, 2022
By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The Japanese yen plunged against the U.S. dollar on Tuesday to its lowest level since October 1998, as the Bank of Japan’s ultra-loose monetary policy was in stark contrast with an aggressive Federal Reserve determined to stamp out soaring inflation. The yen dropped to a...