foreign-exchange
Top StoriesDollar Finds Footing Ahead of Job Data Deluge
Top StoriesU.S. Dollar Listless as Markets Brace for post-Thanksgiving Buzz
Top StoriesDollar Strengthens After U.S. Labor, Consumer Sentiment Data
TradingDollar Down as Markets Bet Fed Done With Hikes
Dollar Edges Down Before Comments From Fed’s Powell
Date: November 9, 2023
Dollar edges down before comments from Fed’s Powell By Karen Brettell NEW YORK (Reuters) – The dollar edged lower on Thursday before a speech by Federal Reserve Chairman Jerome Powell, with markets focused on whether he will push back against last week’s fall in Treasury yields and the dollar on expectations that the U.S. central...
Sterling Drops, Timing of BoE Rate Cuts in Focus
Date: November 9, 2023
Sterling drops, timing of BoE rate cuts in focus LONDON (Reuters) – The pound weakened against the dollar and euro on Wednesday, as markets continued to digest remarks from the Bank of England’s chief economist that interest rate cuts could come around the middle of 2024. The pound was last down 0.4% against the dollar...
Sterling Falls Versus Dollar, Focus on Economic Data, BoE
Date: November 7, 2023
Sterling falls versus dollar, focus on economic data, BoE By Stefano Rebaudo (Reuters) – Sterling dropped against a strengthening U.S. dollar on Tuesday, with investors closely watching economic data and market bets on the Bank of England’s future moves. Higher yields and a strong economy usually increase demand for the nation’s currency. The pound rose...
Take Five: You (may) Have Arrived at Your Destination
Date: November 6, 2023
Take Five: You (may) have arrived at your destination LONDON (Reuters) -This week will have plenty to keep financial market traders and investors busy, including whether the Federal Reserve really has hit peak rates, another possible rate rise in Australia, a batch of European bank earnings and the continuing conflict in Gaza. Here’s your week-ahead...
US Dollar Drops to Six-Week Low After Softer-Than-Expected Jobs Data
Date: November 3, 2023
US dollar drops to six-week low after softer-than-expected jobs data By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell to a six-week low on Friday, after data showed the world’s largest economy created fewer jobs than expected last month, reinforcing expectations the Federal Reserve is likely to hold interest rates steady again at its...
US Dollar Retreats as Risk Appetite Rises, Fed Rate Hikes Seen as Done
Date: November 2, 2023
US dollar retreats as risk appetite rises, Fed rate hikes seen as done (Removes extraneous word “be” in the quote in the 7th paragraph) By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The U.S. dollar weakened broadly on Thursday, as investors bet that the Federal Reserve is done raising interest rates after holding...