foreign-exchange
Top StoriesSterling Shrugs Off Local Election to Focus on US Payrolls Data
Top StoriesAnalysis-Traders Prep for Another Round of Yen Whack-A-Mole
Top StoriesU.S. Stocks Gain at Top Data-Heavy Week Amid Suspected Yen Intervention
Top StoriesGlobal Stocks Gain on Big Tech Lift; Yen Swings to Fresh 34-yr Low
Sterling Steadies Against Dollar, Jumps to 16-year High vs Yen
Date: April 26, 2024
Sterling steadies against dollar, jumps to 16-year high vs yen By Joice Alves LONDON (Reuters) – Sterling steadied on Friday after rising to a two-week high against the dollar as markets awaited for key U.S. inflation data for clues on the Federal Reserve’s next moves. Against the closely watched declining yen, sterling rose to its...
Russian Ministry Sees 2024 GDP at 2.8%, but With Higher Inflation, Weaker Rouble
Date: April 23, 2024
Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble (Reuters) – Russia’s economy ministry improved its expectations for 2024 gross domestic product (GDP) growth to 2.8% from 2.3% in new forecasts published on Tuesday, while envisaging a weaker rouble and shrinking current account surplus in the years to come. Russia’s economic...
Stocks Gear up for Big Tech Earnings; Yen Sits Near Danger Zone
Date: April 23, 2024
Stocks gear up for Big Tech earnings; yen sits near danger zone By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus on earnings reports from the U.S. megacaps, while the yen hit a new 34-year low against the dollar, prompting a warning from...
Sterling Wavers as Markets Gauge Reported Israeli Attack on Iran
Date: April 19, 2024
Sterling wavers as markets gauge reported Israeli attack on Iran By Harry Robertson LONDON (Reuters) – The pound was little changed on Friday after falling to a five-month low against the dollar in Asian trading hours as investors responded to reports of an Israeli attack on Iran. People familiar with the matter told Reuters that...
Dollar Jumps, Yen Weakest Since 1990 After Strong U.S. Retail Sales
Date: April 15, 2024
Dollar jumps, yen weakest since 1990 after strong U.S. retail sales By Karen Brettell NEW YORK (Reuters) – The dollar reached its highest since early November against a basket of currencies on Monday, and sent the yen to its lowest level since 1990, after U.S. retail sales increased more than expected in March. Retail sales...
Pound Hits Five-Month Low as Dollar Rallies on Lower Fed Bets
Date: April 12, 2024
Pound hits five-month low as dollar rallies on lower Fed bets By Anna Pruchnicka LONDON (Reuters) -Sterling fell to a five-month low on Friday even as data showed the British economy was on course to exit its shallow recession, with all major currencies coming under pressure from a dominant dollar. The pound was down 0.48%...