foreign-exchange
Top StoriesEurope Strains for Clarity as Russia Stands by Roubles-For-Gas Demand
Top StoriesVisitors Trickle Back, but Climbing Mecca Nepal Seeks More
Top StoriesDollar Hits 20-yr High as Yen Tumbles on Dovish Bank of Japan
Top StoriesEurope Struggles for Clarity on Russia’s Roubles-For-Gas Scheme
US Says Russia Plans Fake Independence Votes in Seized Ukraine Territory
Date: April 28, 2022
By Natalia Zinets KYIV (Reuters) -The United States accused Russia on Thursday of planning to stage fake independence votes to justify its conquest of territory in Ukraine, as Russian forces stepped up their assault on the east. More than two months into an invasion that has flattened cities but failed to capture the capital Kyiv,...
Austria’s Omv Plans Rouble Accounts for Russian Gas – Ft
Date: April 28, 2022
(Reuters) – Austrian energy group OMV, one of the largest importers of Russian gas, is preparing to open rouble accounts at Gazprombank in Switzerland, the Financial Times said on Thursday, citing people with knowledge of the preparations. Russian energy giant Gazprom told Poland and Bulgaria on Wednesday it will halt gas supplies after they did...
Analysis-Euro Peers Over the Cliff at Dollar Parity as Recession Looms
Date: April 28, 2022
By Saikat Chatterjee LONDON (Reuters) – The euro’s drop to a five-year low is rekindling the possibility the currency will reach parity versus the dollar for the first time in two decades, as fears of a euro zone recession encourage investors to pile on the bearish bets. Russia’s move to cut off gas supplies to...
Analysis-Euro Peers Over the Cliff at Dollar Parity as Recession Looms
Date: April 27, 2022
By Saikat Chatterjee LONDON (Reuters) – The euro’s drop to a five-year low is rekindling the possibility the currency will reach parity versus the dollar for the first time in two decades, as fears of a euro zone recession encourage investors to pile on the bearish bets. Russia’s move to cut off gas supplies to...
Euro Hits 5-year Low After Russia Halts Gas; Stocks Stage Small Rebound
Date: April 27, 2022
By Tommy Wilkes LONDON (Reuters) – The euro dropped to its weakest since 2017 on Wednesday after Russia halted gas supplies to Bulgaria and Poland amid rising investor concerns for the regional economy, while stocks staged a small rebound after a mixed bag of corporate earnings. Russia’s decision to cut the gas flow to Bulgaria...
Sterling Edges up From 21-month Low vs Dollar
Date: April 27, 2022
(Reuters) -Sterling edged up from a new 21-month low against the dollar hit earlier on Wednesday after Britain’s weak economic outlook and higher than expected government borrowing dented the Bank of England’s (BoE) monetary tightening narrative. Money markets have been scaling back bets on the size of BoE rate hikes, pricing in 144 basis points...