foreign-exchange
Top StoriesPeace Talks Send Euro Higher, Overshadowing Expected Fed Rate Hike
Top StoriesEU Blacklists Abramovich, Targets Energy, Luxury Sectors With New Russia Sanctions
Top StoriesFactbox-New UK Sanctions Target Russian Luxury Goods, Steel and Iron
Top StoriesEuro Rises on Hopes of Progress in Ukraine Peace Talks
Sterling Rebounds After Hitting 16-month Low
Date: March 14, 2022
By Samuel Indyk LONDON (Reuters) – The British pound eked out gains against the U.S. dollar on Monday, recovering after falling to a 16-month low, as tentative hopes for progress in talks between Russia and Ukraine dampened demand for U.S. currency and other safe assets. The market was also looking to policy announcements from the...
Yen Falls to New Five-Year Lows; COVID-19 Hurts China’s Yuan
Date: March 14, 2022
By Elizabeth Howcroft LONDON (Reuters) – The dollar index slipped on Monday and the yen hit new five-year lows as global markets experienced some re-emergence of risk appetite and investors braced for central bank meetings this week in the United States, Britain and Japan. After uncertainty about the war in Ukraine prompted a market sell-off...
Euro Struggles to Hold to post-ECB Gains, Dollar Hits 5-year Peak on Yen
Date: March 11, 2022
By Joice Alves LONDON (Reuters) – The euro steadied on Friday but was still set for weekly gains as the European Central Bank’s announcement that it will phase out its stimulus lent support to the single currency. But rising stagflation worries arising from the Ukraine war continued to add pressure on the euro. The U.S....
Nuclear War? Russia’s Lavrov Says: I Don’t Believe So
Date: March 10, 2022
By Guy Faulconbridge LONDON (Reuters) -Russian Foreign Minister Sergei Lavrov said on Thursday he did not believe the conflict in Ukraine would spiral into a nuclear war but cautioned the United States and Europe that Moscow never again wanted to be dependent on the West. Russia’s economy is facing the gravest crisis since the 1991...
Euro Advances From 22-month Lows on EU Bond Issuance Report
Date: March 8, 2022
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro on Tuesday climbed from 22-month lows against the U.S. dollar hit the previous session, lifted in part by expectations that the euro zone will increase fiscal spending to help offset the economic effects of Russia’s invasion of Ukraine. Investors were also hesitant to sell...
Euro Rises From 22-month Lows on Reported EU Bond Issuance Plans
Date: March 8, 2022
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The euro on Tuesday rallied from 22-month lows against the U.S. dollar hit the previous session, lifted by expectations that the euro zone will increase fiscal spending to help offset the economic effects of the Russia-Ukraine conflict, which pushed energy and other commodity prices higher....