foreign-exchange
Top StoriesDollar Edges Lower, Traders Focus on Data for Fed Clues
BusinessWhat Is the Difference Between a Multinational Corporation (mnc) and an International Business?
Top StoriesDollar Hits 5-mth Low Against Euro as Fed Seen Closer to Rate Cuts
Top StoriesDollar Dips as Traders Focus on US Rate Cuts Next Year
Dollar Softens, Sterling Squeezed as Focus Turns to U.S. Inflation
Date: December 21, 2023
Dollar softens, sterling squeezed as focus turns to U.S. inflation By Samuel Indyk and Tom Westbrook LONDON (Reuters) -The dollar dipped on Thursday while sterling crosses were nursing losses in holiday-thinned trade ahead of the last major data release of the year in Friday’s U.S. inflation figures. Sterling suffered its sharpest drop on the dollar...
Dollar Jumps vs Yen as BOJ Sticks With Ultra-Loose Policy
Date: December 19, 2023
Dollar jumps vs yen as BOJ sticks with ultra-loose policy By Rae Wee and Alun John NEW YORK (Reuters) -The U.S. dollar jumped against the yen on Tuesday after the Bank of Japan gave no sign that its ultra-loose monetary policy was set to end, but the dollar was broadly softer against other majors, weighed...
Asian Stocks Follow Wall Street Higher; Yields and Dollar Down
Date: December 14, 2023
Asian stocks follow Wall Street higher; yields and dollar down By Xie Yu HONG KONG (Reuters) – Asian stocks broadly rallied on Thursday, after the U.S. Federal Reserve flagged the end of its tightening cycle and struck a dovish tone for the year ahead. U.S. Treasury yields slid to a fresh four-month trough, while the...
Yen Falls as Japan’s Negative Rates Expected to Persist
Date: December 11, 2023
Yen falls as Japan’s negative rates expected to persist By Karen Brettell NEW YORK (Reuters) – The Japanese yen weakened against the dollar for a second day on Monday, giving back most of a rally last week on expectations of less dovish monetary policy, and as investors awaited U.S. inflation data and three major central...
Euro Sags, Yen Jumps as Investors Bet on BOJ Shift
Date: December 7, 2023
Euro sags, yen jumps as investors bet on BOJ shift By Amanda Cooper LONDON (Reuters) -The euro grazed a three-week low on Thursday, driven by mounting expectations that the European Central Bank (ECB) may cut rates as early as March, while the prospect of a shift in Japanese policy gave the yen its biggest one-day...
Dollar Steady After Key Jobs Data Comes in Below Estimates
Date: December 5, 2023
Dollar steady after key jobs data comes in below estimates By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) -The U.S. dollar stood near a one-week high against a basket of currencies on Tuesday, after fresh employment data showed that U.S. job openings dropped in October to the lowest level since early 2021. Job openings, a...