foreign-exchange
Top StoriesDollar Drops After Jobs Data, Yen Briefly Hits 10-month Low
Top StoriesUS Dollar Holds Modest Gains, Offshore Yuan Rises as Jackson Hole Is in View
Top StoriesDollar Set for Fifth Winning Week on Fed Bets, China Worries
Top StoriesDollar Falls After Stronger-Than-Expected Retail Sales Data, Yuan Falls to 9-month Low
Russia’s Rouble Rises Ahead of Central Bank Extraordinary Meeting
Date: August 15, 2023
Russia’s rouble rises ahead of central bank extraordinary meeting MOSCOW (Reuters) -The Russian rouble rose on Tuesday as investors bet the central bank would hike rates at an extraordinary policy meeting after the Russian currency tumbled past 101 per U.S. dollar on Monday and prompted a Kremlin call for tougher monetary policy. The rouble, which...
Sterling Steady Ahead of Data-Heavy Week
Date: August 14, 2023
Sterling steady ahead of data-heavy week LONDON (Reuters) – The pound ticked a fraction higher against the dollar on Monday as traders stayed focused on key data due this week for hints on the Bank of England’s future interest rate hike trajectory. At 1100 GMT, sterling was up 0.07% against the dollar at $1.2706. The...
Dollar on Guard as US Inflation Test Looms
Date: August 7, 2023
Dollar on guard as US inflation test looms By Rae Wee SINGAPORE (Reuters) – The dollar was on the defensive on Monday after a mixed U.S. jobs report provided little directional conviction and as market focus turned to inflation data from the world’s two largest economies due this week. The U.S. economy added fewer jobs...
Dollar Struggles Before Payrolls Test; Aussie Rebounds
Date: August 4, 2023
Dollar struggles before payrolls test; Aussie rebounds By Kevin Buckland and Brigid Riley TOKYO (Reuters) – The dollar hung back from a four-week high against major peers on Friday as investors looked ahead to a key jobs report that could influence the path for U.S. interest rates. Sterling traded slightly higher after recovering knee-jerk losses...
Yen Pressured as Traders Wait on Policy Decisions
Date: July 24, 2023
Yen pressured as traders wait on policy decisions By Tom Westbrook SYDNEY (Reuters) – The dollar and euro made firm starts on Monday to a week full of central bank meetings, while the yen was struggling as investors expect the Bank of Japan will be the odd one out as policymakers hike rates in Europe...
Dollar Gains as Pound Tumbles on Cooling UK Inflation
Date: July 20, 2023
Dollar gains as pound tumbles on cooling UK inflation By Karen Brettell NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expected in June, sending the pound sharply lower against other major currencies. Britain’s rate of inflation was its slowest in over a year...