foreign-exchange
Top StoriesU.S. Dollar Jumps Across the Board After Strong U.S. Jobs Report
Top StoriesDollar Slips as Before U.S. Jobs Data as Markets Digest Fed Hawkishness
Top StoriesMerck KGaA Profit Gets Boost From Dollar, Outweighing Higher Costs
Top StoriesDollar Rises vs Yen; U.S. Economic Data, Fed Officials’ Comments Supportive
Sterling Loses Steam as Traders Turn to Safe-Haven Currencies
Date: August 2, 2022
(Reuters) – The British pound weakened against the dollar and euro on Tuesday as traders turned to safe-haven currencies amid rising U.S.-China tensions over Taiwan, with traders looking ahead to a Bank of England policy meeting this week. The pound was down down 0.5% against the dollar at $1.22055 pence, and versus the euro was...
Blinken and Russia’s Lavrov Have ‘frank’ Discussion About Prisoners
Date: July 29, 2022
By Humeyra Pamuk WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken on Friday said he has held a telephone conversation with Russian Foreign Minister Sergei Lavrov and pressed the Kremlin to accept the ‘substantial proposal’ that Washington has put forward to secure the release of two Americans detained in Russia. In their first such conversation...
Dollar Rallies From Three-Week Lows as U.S. Data Shows Pick-Up in Inflation
Date: July 29, 2022
By Gertrude Chavez-Dreyfuss and Saikat Chatterjee NEW YORK/LONDON (Reuters) – The dollar rebounded from a three-week low in choppy trading on Friday, as a round of U.S. economic data suggested that inflation continued its red-hot rise in June, keeping the Federal Reserve on track to raise interest rates as aggressively as it deems necessary. The...
Shares Take a Breather After Fed Rally, Dollar Slides on Yen
Date: July 28, 2022
By Marc Jones LONDON (Reuters) – World shares consolidated a six-week high on Thursday as investors scented a possible slowdown in the pace of U.S. rate hikes, a shift in tone that comforted bond markets but sent the dollar to a three-week low against the yen. Europe gained as record-busting $11.5 billion profits from oil...
U.S. Carrier Strike Group Returns to South China Sea Amid Taiwan Tensions
Date: July 28, 2022
By Greg Torode HONG KONG (Reuters) -A U.S. aircraft carrier and its strike group have returned to the South China Sea after a port call in Singapore, deploying in the disputed region as tensions with China rise over a possible visit to Taiwan by congressional leader Nancy Pelosi. Officials with the U.S. Navy’s Seventh Fleet...
Sterling Flirts With Three-Month High vs Euro
Date: July 28, 2022
LONDON (Reuters) – Sterling inched towards a three-month high versus the euro and a one-month high against the dollar as the more positive mood on broader markets encouraged investors back into currencies considered riskier during uncertainty. Analysts say with the conclusion of the Conservative Party leadership contest that will decide the next British prime minister...