foreign-exchange
TradingDollar Weakens After Gains All Week; Debt Deal Hopes Boost Market Sentiment
Top StoriesSterling Hits Five-Month High Against Euro Before BoE Decision
Top StoriesPound Hits One-Year High Against Struggling Dollar
Top StoriesMarketmind: Rba Shock Hike Starts Huge Week for Central Banks
Currencies in Limbo Awaiting Packed Week of Central Banks
Date: May 1, 2023
Currencies in limbo awaiting packed week of central banks By Stella Qiu SYDNEY (Reuters) -Currencies were in limbo on Monday as holidays in most of Asia made for thin trading, while traders braced for a packed week of central bank meetings that would offer the latest guidance on future rate hikes across continents. Activity in...
Dollar Hits One-Month High Against Yen as Traders Bet on Fed Rate Hike
Date: April 17, 2023
Dollar hits one-month high against yen as traders bet on Fed rate hike By Harry Robertson LONDON (Reuters) – The dollar climbed to a one-month high against Japan’s yen on Monday as traders eyed up another interest rate hike from the Federal Reserve, while the Bank of Japan stuck to its easy-money policies for now....
India Opens New Investigation Into BBC in Widening Crackdown
Date: April 13, 2023
India opens new investigation into BBC in widening crackdown By Aftab Ahmed NEW DELHI (Reuters) -India’s financial crime-fighting agency has opened an investigation into alleged violations of foreign exchange rules by the BBC, a source told Reuters on Thursday, months after tax officials searched the broadcaster’s Mumbai and Delhi offices. The tax raids in February...
Dollar Drops as Inflation Cools More Than Expected
Date: April 12, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that the Fed is likely to stop hiking rates after a possible increase in May. The Consumer Price Index (CPI) climbed 0.1% last month, below economists’ expectations for a...
Dollar Dips Ahead of Inflation Data Later This Week
Date: April 11, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whether price pressures are ebbing and what it means for further Federal Reserve interest rate hikes. Consumer price data on Wednesday is expected to show headline inflation rose by 0.2% in March, while...
Sterling Hovers Just Below 10-month High, With Focus on U.S. Job Numbers
Date: April 6, 2023
By Harry Robertson LONDON (Reuters) – The pound hovered just below its highest level in 10 months on Thursday as investor focus turned to Friday’s U.S. jobs numbers. Sterling was last flat at $1.246, having touched its highest level since June – $1.253 – on Tuesday. Markets were subdued across the board on Thursday ahead...