foreign-exchange
Top StoriesDollar up as Traders Await Fed Clues; Sterling Rises
Top StoriesUS Dollar Dips vs Yen After Fed’s Waller Rules Out Rate Hikes Again
Top StoriesSterling Steady Ahead of Expected Drop in Inflation
Top StoriesDollar Firm as Investors Await Fed Guidance
Dollar Rebounds on Hot US Import Prices
Date: May 16, 2024
Dollar rebounds on hot US import prices By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised market fears that the Federal Reserve’s fight to tame inflation is not done and could delay plans for policymakers to...
Analysis-Recovering Euro Keeps Dollar ‘gorilla’ From Scuppering ECB Rate Outlook
Date: May 14, 2024
Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook By Amanda Cooper and Stefano Rebaudo LONDON/MILAN (Reuters) – The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop, to the relief of European Central Bank policymakers who could be struggling to detach themselves from the Federal...
Dollar Slips After Unexpected Rise in US Producer Prices
Date: May 14, 2024
Dollar slips after unexpected rise in US producer prices By Herbert Lash and Joice Alves NEW YORK (Reuters) -The dollar edged lower on Tuesday following an unexpected increase in U.S. producer prices in April amid strong gains in the costs of goods and services, indicating inflation remained stubbornly high early in the second quarter. The...
Stocks Stall Near Record Highs, Pound Poised for BoE
Date: May 9, 2024
Stocks stall near record highs, pound poised for BoE By Marc Jones LONDON (Reuters) – World stocks were taking a well-earned breather on Thursday after a strong few weeks and ahead of a Bank of England rate decision, while Japanese authorities ratcheted up intervention talk again as the yen continued to backslide After two straight...
Stocks Rally Anew on US Rate Cut Hopes; Dollar Steady
Date: May 7, 2024
Stocks rally anew on US rate cut hopes; dollar steady By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares traded close to one-month highs on Tuesday, boosted by revived optimism that the Federal Reserve cuts U.S. interest rates once if not twice this year, while a weaker yen offset by a stronger euro...
US Dollar Edges Lower but up Against Yen, Aussie
Date: May 7, 2024
US dollar edges lower but up against yen, Aussie By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday but strengthened against the Japanese yen as expectations of large interest rate differentials continued, even after new warnings from Japanese officials about their willingness to prop up their currency. Japan’s top currency diplomat...