foreign-exchange
Top StoriesECB Rates Pledge Spurs Punchy Hedge Fund Euro Bets: McGeever
Top StoriesEuro Edges Higher as Risk Appetite Picks Up, Focus on ECB Meeting
Top StoriesRussian Rouble Eases Towards 62 vs Dollar, Stocks Extend Fall
Top StoriesColumn-ECB Rates Pledge Spurs Punchy Hedge Fund Euro Bets: McGeever
Russian Rouble Firms Past 62 vs Dollar, Yandex Shares Fall After EU Sanctions
Date: June 3, 2022
(Reuters) -The Russian rouble firmed past 62 to the dollar in Moscow trade on Friday while shares in internet giant Yandex fell sharply after EU countries imposed new sanctions against Russia. EU countries have agreed their sixth package of sanctions against Russia over what it calls a “special military operation” in Ukraine, including an import...
Dollar Higher After U.S. Job Growth Tops Expectations
Date: June 3, 2022
By Saqib Iqbal Ahmed and Stefano Rebaudo NEW YORK (Reuters) – The U.S. dollar edged higher against a basket of currencies on Friday, after a better-than-expected U.S. employment report pointed to a tight labor market that could lead the Federal Reserve going with interest rate hikes. Nonfarm payrolls increased by 390,000 jobs last month, the...
Sri Lanka Seeks to Secure $5 Billion in Funds for Import Payments
Date: June 2, 2022
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka seeks to secure around $5 billion in funding this year to cover repayments for fuel imports and other items bought through credit lines, and another $1 billion to bolster its foreign reserves, the prime minister’s office said on Thursday. The island nation is grappling with its worst...
Dollar Retreats as Investors Reach for Riskier Currencies
Date: June 2, 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar eased across the board on Thursday, ceding some of the ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies. Stock markets around the world were largely stronger on Thursday after recent weakness, as bets Saudi Arabia may...
Ukraine Jacks up Key Rate to 25% in First Hike Since Russian Invasion
Date: June 2, 2022
By Natalia Zinets KYIV (Reuters) – Ukraine jacked up its main interest rate to a seven-year-high of 25% from 10% on Thursday, tightening policy for the first time since the Russian invasion to tackle double-digit inflation and protect the hryvnia as some business activity returns. The Feb. 24 invasion has devastated the economy, which could...
U.S. Targets Russian Yachts, Cellist Linked to Putin Over Ukraine War
Date: June 2, 2022
By Simon Lewis and Doina Chiacu WASHINGTON (Reuters) -The Biden administration on Thursday issued a raft of new sanctions aimed a punishing Russia for its invasion of Ukraine, with targets including several yachts linked to Russian President Vladimir Putin, an oligarch who heads a major steel producer, and a cellist it says acts as a...