foreign-exchange
Top StoriesDollar Roars to Two-Year High on Growth Fears and Rate Bets
Top StoriesSterling Falls to Lowest Level Since September 2020 Versus Dollar
Top StoriesRosneft Huge Oil Tender Fails After It Demands Rouble Payment -Traders
Top StoriesSterling Falls to Lowest Since September 2020 Versus Dollar
U.S. Dollar Rallies to More Than 2-year Hike on Steep Fed Rate Hike Outlook
Date: April 22, 2022
(Adds bank affiliation BNP Paribas in analyst quote in 5th paragraph) By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK (Reuters) – The dollar surged to a more than two-year high on Friday, continuing to draw support from Federal Reserve Chair Jerome Powell’s comments on Thursday that more or less backed a half a percentage point...
Euro Boosted by ECB Rate Hike Bets, Macron’s Debate
Date: April 21, 2022
By Saikat Chatterjee and Julien Ponthus LONDON (Reuters) – A series of hawkish comments amplified bets that the European Central Bank would soon hike interest rates, lifting the euro to a one-week high on Thursday amid expectations French President Emmanuel Macron would win his reelection bid on Sunday. Joachim Nagel, president of Germany’s Bundesbank, joined...
PM Johnson: UK Hopes to Clinch Indian Free Trade Deal by Year-End
Date: April 21, 2022
AHMEDABAD, India (Reuters) – Britain hopes to complete a free trade deal with India by the end of this year, British Prime Minister Boris Johnson said on Thursday as he emphasised the need to reduce reliance on foreign oil and gas due to the conflict in Ukraine. “We’re hoping to complete another free trade agreement...
Sterling Falls to a 10-day Low Versus Euro, Flat Against Dollar
Date: April 21, 2022
By Stefano Rebaudo (Reuters) – Sterling fell to a 10-day low against a strengthening euro, with investors staying focused on the respective future monetary policy paths of the Bank of England and other major central banks. BoE Monetary Policy Committee member Catherine Mann will speak in London at 1300 GMT, while other central bank speakers...
Dollar Climbs to Fresh 20-year High on Yen, Tests 2-year Peak on Euro
Date: April 19, 2022
By Joice Alves LONDON (Reuters) – The dollar rose on Tuesday to a fresh 20-year high against the Japanese yen and tested a two-year peak against the euro, supported by high U.S. Treasury yields. Ten-year U.S. inflation-linked bond yields are within touching distance of turning positive for the first time in two years. The dollar...
U.S. Dollar Continues to Garner Support From Fed Hike Expectations
Date: April 18, 2022
By Gertrude Chavez-Dreyfuss and Vidya Ranganathan NEW YORK/SINGAPORE (Reuters) – The dollar edged higher on Monday in thin and choppy trading, in line with higher U.S. Treasury yields as investors braced for multiple half a percentage-point rate hikes this year from the Federal Reserve. Volume was light on the day with Hong Kong, European, and...