foreign-exchange
Top StoriesUK Promises Further $130 Million of Arms for Ukraine
InvestingBenchmark Treasury Yield Hits 3-yr High; Dollar Index Reaches 100
TradingU.S. Dollar Surges as Index Hits 100 for First Time in Nearly Two Years
FinanceFacts About Foreign Bank Account Report (fbar) in 2022
U.S. And NATO Allies Pledge More Arms to Ukraine
Date: April 7, 2022
By Daphne Psaledakis and Robin Emmott BRUSSELS (Reuters) -The United States will send new weapon systems to Ukraine, Washington’s top diplomat said on Thursday after NATO foreign ministers agreed to accelerate arms deliveries in response to Russia’s invasion. Urged by Ukrainian Foreign Minister Dmytro Kuleba to end bureaucracy-driven delays, U.S. Secretary of State Antony Blinken...
Dollar Slides From Near Two-Year High Amid Hawkish Signals From Fed
Date: April 7, 2022
By Gertrude Chavez-Dreyfuss and Tommy Wilkes NEW YORK/LONDON (Reuters) – The dollar slipped from a near two-year high on Thursday, as investors digested hawkish signals from the Federal Reserve and wondered whether expected tightening moves in the future have already been priced in. The dollar index hit 99.823 on Thursday, the highest since late May...
Dollar Heads Towards 2-year High After Fed Aids Greenback Bulls
Date: April 7, 2022
LONDON (Reuters) – The dollar was heading towards a two-year high against a basket of major currencies on Thursday after meeting minutes showed the Federal Reserve preparing to move aggressively to fight inflation, while commodity-linked currencies fell further. The euro remained near a one-month low below $1.09 as investors await European Central Bank minutes due...
U.S. Dollar Little Changed Ahead of Fed Minutes
Date: April 6, 2022
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The dollar was flat to slightly higher on Wednesday, retreating from sharp gains the previous session following hawkish comments from one of the Federal Reserve’s top officials, as investors looked to the release of the U.S. central bank’s minutes of its last monetary policy meeting....
Some Indian Refiners Set to Cut May Saudi Oil, Snap up Russian Barrels
Date: April 6, 2022
By Nidhi Verma NEW DELHI (Reuters) – At least two Indian refiners plan to buy less Saudi oil than usual in May, after the kingdom raised the official selling price (OSP) to record highs for Asia, two sources said on Wednesday, as India increases purchases of cheap Russian crude. India, the world’s third biggest oil...
Russia to Pay Eurobonds in Roubles as Long as Reserves Remain Blocked
Date: April 6, 2022
By Karin Strohecker LONDON (Reuters) -Russia edged closer to a potential default on its international debt on Wednesday as it paid dollar bondholders in roubles and said it would continue to do so as long as its foreign exchange reserves are blocked by sanctions. The United States on Monday stopped Russia from paying holders of...