foreign-exchange
InvestingCarry on My Wayward Fed
BusinessSterling Edges up After UK Inflation Soars to Nearly 30-year High
TradingAsian Stocks Mainly Up, Bond Yields Ease as Investors Weigh Fed Against Ukraine Risks
TradingDollar Gains, Then Slides After Hot U.S. CPI Data
Sterling Steadies vs Euro After post-ECB Tumble
Date: February 8, 2022
By Joice Alves LONDON (Reuters) -Sterling steadied against the euro on Monday after a sharp slide last week triggered by the European Central Bank‘s more hawkish tone, which overshadowed the Bank of England’s rate rise. The euro rose versus sterling last week after the ECB surprised markets by suggesting for the first time that an interest rate rise...
Dollar Finds a Bid Ahead of U.S. Inflation
Date: February 8, 2022
By Tom Westbrook SINGAPORE (Reuters) – The dollar made small but broad gains on Tuesday and held a resurgent euro at bay as traders awaited U.S. inflation data, wary it could unleash bets on faster interest rate hikes. The common currency leapt 2.7% last week after a hawkish shift in tone at the European Central Bank....
Meta Weighs on U.S. Shares, European Stocks Rise After Rout
Date: February 8, 2022
By Chris Prentice and Carolyn Cohn WASHINGTON/LONDON (Reuters) -Wall Street shares finished broadly lower on Monday, while European stocks rose following five straight weeks of declines and European bond yields soared on speculation of monetary tightening. Markets are on alert for rate rises in both the euro zone and the United States after the ECB...
Dollar Up, Euro Down as Pair Face Off in Rate Hike Tussle
Date: February 8, 2022
By Herbert Lash NEW YORK (Reuters) -The dollar and the euro both eased on Monday after European Central Bank President Christine Lagarde calmed market expectations of a quick hike in interest rates that pushed regional bond yields in Europe up to multi-year highs. There is no need for big monetary policy tightening in the euro...
Asian Stocks Drift Lower, Euro Holds Steady Before U.S. Inflation Data
Date: February 8, 2022
By Anshuman Daga SINGAPORE (Reuters) -Asian shares reversed early gains, with investors in Chinese stocks unsettled by U.S. moves against 33 Chinese entities, with markets otherwise waiting for U.S inflation data that could influence how fast the Federal Reserve raises interest rates. Traders are alert for rate hikes in both the euro zone and the...
Boom for Banks as M&A and Pandemic Boost Corporate Fx Needs
Date: September 17, 2021
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