foreign-exchange
TradingWorld Shares Mixed, Dollar Advances Amid Improved U.S. Manufacturing, French Political Drama
InvestingEuro Drops as French Government Crisis Escalates
TradingSterling Rises Versus Euro Towards Its 2-1/2-year High
FinanceEuro Drops vs Strengthening Dollar, French Politics Weigh
Dollar Edges Higher Amid Rate, Political Uncertainty
Date: December 2, 2024
By Wayne Cole SYDNEY (Reuters) – The dollar crept higher on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while the yen’s recent rebound was underpinned by wagers on rising rates at home. The dollar also drew some verbal support from U.S. President-elect Donald Trump...
Yen Hits Six-Week High, Dollar Dips for Month-End
Date: November 29, 2024
By Karen Brettell and Harry Robertson NEW YORK (Reuters) – The yen jumped to a six-week high against the dollar on Friday after faster-than-expected inflation in Tokyo supported bets for a Bank of Japan interest rate hike next month. Tokyo’s core consumer price index, which excludes volatile fresh food costs, rose 2.2% year-on-year in November...
World Stocks Head for Biggest Monthly Gains Since May as Trump Trades Lift Wall Street
Date: November 29, 2024
By Naomi Rovnick LONDON (Reuters) -Global shares headed on Friday for their biggest monthly gains since May on hopes for strong U.S. growth, while Japanese rate hike bets and shifting euro zone monetary policy expectations put the dollar on track for its first weekly loss in four. MSCI’s broad gauge of world stocks traded steady...
FTSE Indexes Stabilise After Trump Tariff-Led Selloff
Date: November 27, 2024
(Reuters) – The UK’s FTSE 100 index edged slightly higher on Wednesday as investors assessed the fallout of U.S. President-elect Donald Trump’s tariff threats on global trade and awaited U.S. economic data later in the day. The blue-chip FTSE 100 edged up 0.1% by 1223 GMT, while the midcap FTSE 250 rose 0.2%, stabilising after...
Russian Rouble at 110 to US Dollar, Down by One Quarter Since Early August
Date: November 27, 2024
By Gleb Bryanski MOSCOW (Reuters) -The Russian rouble weakened beyond the 110 mark to the U.S. dollar on Wednesday, a threshold that some analysts believe could prompt authorities to take action to support the currency, which has fallen by more than 24% since early August. The rouble’s fall caught off guard economists who had expected...
Russian Rouble Down by One Quarter Since Early August
Date: November 27, 2024
By Gleb Bryanski MOSCOW (Reuters) – The Russian rouble weakened further against the U.S. dollar and China’s yuan on Wednesday and is down by over 24% since early August, when it started the current slide. The rouble’s fall caught off guard economists who expected the Russian currency to hit the 100 mark against the dollar...