foreign-exchange
Top StoriesDollar Steadies, Sterling Eases Ahead of Inflation Data
Top StoriesDollar Pares Gains After US Retail Sales Miss Expectations in May
Top StoriesDollar Calm Ahead of Inflation Test, Fed Decision
Top StoriesMacron’s Shock Election Call Rocks Euro and French Markets
Euro Falls in Warning Sign for Markets After Macron Calls Snap France Vote
Date: June 10, 2024
Euro falls in warning sign for markets after Macron calls snap France vote By Dhara Ranasinghe LONDON/SINGAPORE (Reuters) -The euro skidded while stock and bond futures slipped on Monday, as French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right. The euro fell 0.3% in early-morning...
Sterling Ticks Lower as Wage Growth Expectations Ease
Date: June 6, 2024
Sterling ticks lower as wage growth expectations ease LONDON (Reuters) – The pound softened versus the euro on Thursday ahead of a European Central Bank meeting and after data showed a fall in British businesses’ expectations for wage growth in the coming year. The euro was last up 0.12% on sterling at 85.09 pence, though...
Dollar Stands Tall as Traders Mull Fed Outlook; Focus on ECB
Date: June 3, 2024
Dollar stands tall as traders mull Fed outlook; focus on ECB By Amanda Cooper LONDON (Reuters) -The dollar held steady on Monday, as investors warmed to the idea that U.S. inflation may have slowed enough for the Federal Reserve to cut rates in 2024, while the euro was calm ahead of an expected cut from...
Pound Heads for Best Monthly Gain of 2024 Ahead of US Inflation
Date: May 31, 2024
Pound heads for best monthly gain of 2024 ahead of US inflation LONDON (Reuters) – The pound headed on Friday for its best monthly performance against the dollar this year, driven by expectations that the Bank of England may need to keep UK interest rates higher for longer as inflation persists. Data on Friday showed...
Dollar Slips Ahead of Data, Set for First Monthly Drop in 2024
Date: May 28, 2024
Dollar slips ahead of data, set for first monthly drop in 2024 By Stefano Rebaudo (Reuters) -The dollar eased against most currencies on Tuesday ahead of key U.S. and euro zone inflation data later this week that could affect expectations for major central banks’ monetary policy outlooks. The greenback was also on the verge of...
Dollar Holds Firm as Traders Trim US Rate Cut Bets
Date: May 24, 2024
Dollar holds firm as traders trim US rate cut bets By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) -The dollar headed for its largest weekly rise in a month-and-a-half on Friday as surprisingly strong U.S. economic data has left markets on edge about the outlook for U.S. inflation and interest rates. May figures showed U.S....