foreign-exchange
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Top StoriesSterling Inches Higher After Last Week’s Fall
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Top StoriesDollar Dips Before Fed Meeting Statement
Sterling Slips Versus Dollar Before BoE and Fed Meetings
Date: January 31, 2024
Sterling slips versus dollar before BoE and Fed meetings By Samuel Indyk LONDON (Reuters) – Britain’s pound was falling against a stronger dollar on Wednesday ahead of policy announcements by both the Bank of England and Federal Reserve over the next two days. The pound was last down 0.2% against the dollar to $1.2671, and...
Dollar Steady Before Fed, Euro Slips on ECB Cut Comments
Date: January 29, 2024
Dollar steady before Fed, euro slips on ECB cut comments By Samuel Indyk and Ankur Banerjee LONDON (Reuters) -The dollar was steady on Monday as investors took stock of U.S. economic data ahead of the Federal Reserve policy meeting this week, while the euro edged lower as rate-setters weighed in on the timing of interest...
EU to Copy US in Speeding Stocks Settlement to Cut Risk
Date: January 25, 2024
EU to copy US in speeding stocks settlement to cut risk By Huw Jones LONDON (Reuters) – A shift by European Union markets to halve the time it takes to settle stock trades is a matter of when, not if, as the benefits will outweigh the short-term challenges, the bloc’s financial services chief said on...
BOJ Meeting Gives Yen a Jolt, Euro Dips
Date: January 23, 2024
BOJ meeting gives yen a jolt, euro dips By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The Japanese yen was volatile on Tuesday, first weakening after the Bank of Japan (BOJ) maintained its ultra-easy policy settings and then firming after markets picked up signals that an end to its negative interest rate policy was approaching....
US Dollar Little Changed Ahead of Boj, ECB Meetings
Date: January 22, 2024
US dollar little changed ahead of BOJ, ECB meetings By Gertrude Chavez-Dreyfuss and Alun John NEW YORK/LONDON (Reuters) -The U.S. dollar was little changed to slightly lower against a basket of currencies on Monday ahead of central bank policy decisions in Japan and the euro zone that may determine the currency’s likely direction this year....
Dollar Hits One-Month High as Fed Rate-Cut Outlook Eases
Date: January 16, 2024
Dollar hits one-month high as Fed rate-cut outlook eases By Chuck Mikolajczak NEW YORK (Reuters) -The dollar jumped on Tuesday as investors dialed back their expectations for a March rate cut from the U.S. Federal Reserve, while the pound and yen dropped on signs of easing inflationary pressures. Markets are pricing in a 71.4% chance...