foreign-exchange
Top StoriesEuro Steadies as Investors Weigh up French Gridlock; Dollar Soft
Top StoriesDollar on Defensive After Soft Data, Battered Yen Under Watch
Top StoriesSterling Set for Fifth Daily Rise Ahead of UK Election
Top StoriesSterling Dented by One-Two Punch From Dollar and Euro
US Treasury Yields Boost Dollar, Powell Speech in Focus
Date: July 2, 2024
US Treasury yields boost dollar, Powell speech in focus By Amanda Cooper and Stefano Rebaudo (Reuters) -Rising U.S. yields supported the dollar on Tuesday, with low-yielding currencies such as Japan’s yen and China’s yuan feeling the pressure as investors awaited a speech by Federal Reserve Chair Jerome Powell later in the session. Benchmark 10-year Treasury...
Euro Rallies as French Far Right Faces Tricky Path to Majority
Date: July 1, 2024
Euro rallies as French far right faces tricky path to majority By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The euro jumped on Monday after a convincing and historic win by the French far right in the first round of parliamentary elections fell slightly short of some expectations, leaving the final result dependent on party...
Asia Shares Eye Five-Month Winning Streak; Yen Slumps
Date: June 28, 2024
Asia shares eye five-month winning streak; yen slumps By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight month of gains on Friday, bolstered by the growing view that cooling U.S. inflation will allow the Federal Reserve ease rates this year. Friday is packed with risk events for markets after a...
Stocks Inch Lower as Semiconductor Shares Ease; Yen up vs Dollar
Date: June 27, 2024
Stocks inch lower as semiconductor shares ease; yen up vs dollar By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edged lower in choppy trading Thursday as Micron Technology shares fell and weighed on semiconductors, while the Japanese yen strengthened slightly against the U.S. dollar. U.S. Treasury yields declined slightly after a series of U.S....
Oil Eases as Strong Dollar Weighs on Commodities Markets
Date: June 24, 2024
Oil eases as strong dollar weighs on commodities markets By Florence Tan SINGAPORE (Reuters) -Oil prices inched down on Monday as concerns of higher-for-longer interest rates resurfaced and lifted the dollar, offsetting support for oil markets from geopolitical tensions and OPEC+ supply cuts. Brent crude futures slipped 5 cents to $85.19 a barrel by 0417...
Asian Shares End the Week With a Whimper, Yen Back to Intervention Watch
Date: June 21, 2024
Asian shares end the week with a whimper, yen back to intervention watch By Stella Qiu SYDNEY (Reuters) -Asian shares are ending the week with a whimper after a recent rally to 26-month highs drew profit-taking, while the relentless strength in the U.S. dollar pushed the Japanese yen towards the intervention zone. Europe is set...