foreign-exchange
Top StoriesDollar Supported as Longer-Run US Rates Seen Higher
TradingSterling Ticks Up, PMIs Show UK Price Pressures
InvestingInvestors Brace for US Payrolls Data, Euro Flat Amid France Turmoil
Top StoriesCurrency Markets on Edge Amid Political Turmoil, Eye US Jobs Report
Euro Ticks up Despite French Government Collapse; Bitcoin Breaks $100,000
Date: December 5, 2024
By Ankur Banerjee and Harry Robertson SINGAPORE/LONDON (Reuters) – The euro picked up on Thursday despite the collapse of the French government, which had been widely expected, while bitcoin galloped past $100,000 for the first time and the yen rallied as traders looked to the Bank of Japan decision on Dec. 19. Bitcoin, the world’s...
Wall Street Stocks Advance, Dollar Steady Amid Political Turmoil in South Korea, France
Date: December 4, 2024
By Lawrence Delevingne and Tom Wilson BOSTON/LONDON (Reuters) -Global shares were mixed and the euro was steady on Wednesday as markets digested political turmoil in South Korea, where martial law was imposed then lifted hours later, and in France, where a no-confidence vote looked set to topple the government. Wall Street’s major stock indices gained,...
South Korean Won, ETFs Tumble After Govt Declares Martial Law
Date: December 3, 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The South Korean won dropped to a more than two-year low against the U.S. dollar on Tuesday, while exchange traded funds linked to South Korean stocks fell after President Yoon Suk Yeol declared martial law in an unannounced late-night address live on YTN television. The South Korean unit fell...
Euro Tiptoes Higher, France Turmoil Keeps Investors on Edge
Date: December 3, 2024
By Amanda Cooper LONDON (Reuters) -The euro rose on Tuesday, regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while the yuan hit a 13-month low on tariff risks and weakness in China’s economy. The yen, which has gained nearly 4.5% in the last two weeks,...
Sterling Picks up Versus Dollar, Flat Against Euro
Date: December 3, 2024
LONDON (Reuters) – Sterling gained against the dollar on Tuesday after dovish comments from Federal Reserve Governor Christopher Waller and was steady against the euro as political turmoil in France kept investors on edge. The pound was last up 0.16% at $1.2678, recovering some of Monday’s 0.7% loss. In the last three months, the pound...
Euro Steadies, France Turmoil Keeps Investors on Edge
Date: December 3, 2024
By Amanda Cooper LONDON (Reuters) -The euro edged up on Tuesday, regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while the yuan hit a 13-month low on tariff risks and weakness in China’s economy. The yen, which has gained nearly 4.5% in the last two...