foreign-exchange
Top StoriesDollar Slips, Yuan Gains on China Pmi; Hot Inflation Lifts Euro
Top StoriesDollar Gains as Higher-For-Longer U.S. Rate Views Drive Currency Markets
TradingDollar Edges Down From Six-Week Peak, Swedish Crown Jumps
Top StoriesSterling Edges Lower Ahead of Key Data
Japanese Yen Gains as Ueda Set to Be Named Next BOJ Governor
Date: February 10, 2023
(Adds comment, U.S. data, NEW YORK dateline, byline, FX table, bullets, updates prices) By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The yen rose across the board on Friday with Kazuo Ueda reportedly set to become the next Bank of Japan (BOJ) governor but pared gains after he said the central bank’s monetary...
Yen Trims Gains as Possible Next BOJ Governor Says Current Policy Appropriate
Date: February 10, 2023
By Samuel Indyk LONDON (Reuters) – The yen strengthened on Friday, before trimming some of its gains, after Kazuo Ueda, the figure reportedly tapped as the next Bank of Japan (BOJ) governor, said the central bank’s monetary policy was appropriate. The Nikkei had earlier reported the government would nominate academic Ueda to the BOJ’s top...
Dollar Slips After Powell Strikes Balanced Tone on Inflation
Date: February 8, 2023
By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar fell on Wednesday after Federal Reserve Chair Jerome Powell declined to meaningfully harden his tone on inflation, despite very strong U.S. jobs numbers last week. In a question-and-answer session before the Economic Club of Washington on Tuesday, Powell said interest rates might need to...
Sterling Hits 4-month Low Versus Euro Ahead of Expected BoE, ECB Hikes
Date: February 2, 2023
LONDON (Reuters) – The British pound slipped on Thursday to its lowest level against the euro since September as investors awaited the Bank of England and European Central Bank policy decisions later in the day. The BoE is expected to raise its main interest rate by 50 basis points, its 10th consecutive rate rise, as...
Wage Data Dents Dollar Recovery Before Fed Rate Decision
Date: February 1, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday, giving up earlier gains, after data showed U.S. labor costs increased less than expected in the fourth quarter, and before the Federal Reserve is expected to hike rates by 25 basis points on Wednesday. The Employment Cost Index, the broadest measure of labor...
Euro Rises After Spanish Cpi, Dollar Slips Towards 8-mth Low
Date: January 30, 2023
By Samuel Indyk and Rae Wee LONDON (Reuters) – The euro rose on Monday after unexpectedly high Spanish inflation data raised expectations for a higher euro area print on Wednesday, while the dollar languished near an eight-month low ahead of a slew of central bank meetings this week. The euro climbed 0.2% to $1.0891 after...