foreign-exchange
Top StoriesYen Gains on Potential Japan Govt Move for More Flexible Inflation Target
Top StoriesU.S. Dollar Gains Sharply Across the Board as Recession Fears Mount
Top StoriesDollar Steadies in Calm Before CPI and Central Bank Storm
Top StoriesDollar Gains as Inflation Pressures Persist; Eyes on Central Bank Meetings
Dollar to Rebound, Accumulate Safe-Haven Strength in 2023: Reuters Poll
Date: December 7, 2022
By Indradip Ghosh BENGALURU (Reuters) – The dollar will rebound against most currencies over the coming months, with the growing threat of recession in the U.S. and elsewhere keeping it firm in 2023 through safe-haven flows, according to market strategists polled by Reuters. While most said there was not much scope for further dollar upside...
Analysis-Investors Look to Emerging Markets as Planets Align for End of Dollar Bull Market
Date: December 6, 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) – As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from a sustained reversal in the greenback. The MSCI International Emerging Market Currency Index is up nearly 5% from its lows and notched its best monthly gain in...
How Market Data Can Help Corporate Treasurers Navigate Fx Uncertainty
Date: December 5, 2022
By Ian Sams, European Head of Product at TraditionDATA. Volatility has dominated the FX market in 2022. In the past few months alone, the US Dollar (USD) has surged to 20 year highs while the British Pound (GBP) and Japanese Yen (JPY) slumped to 50 year lows, and the Euro (EUR) dropped to a 20 year low. The effects of such...
Oil Prices Rise After Opec+ Keeps Output Steady, Russian Price Cap Imposed
Date: December 5, 2022
By Noah Browning LONDON (Reuters) -Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a G7 price cap which kicked in on Russian crude. At the same time, in a positive sign for fuel demand in the world’s top oil importer, more Chinese cities...
Dollar Steadies Near 16-week Low, Yuan Set for Biggest Weekly Gain Since 2005
Date: December 2, 2022
By Samuel Indyk LONDON (Reuters) – The dollar was pinned near 16-week lows against a basket of major currencies on Friday ahead of key U.S. labour market data, while the yuan was set for its biggest weekly gain since China revalued its currency in 2005. The dollar index, which measures the currency against six major...
Wall Street Takes a Breath After Powell Rally While Dollar Falls
Date: December 2, 2022
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – Wall Street equities made little progress in Thursday’s choppy session as investors digested economic data after a big rally in the previous session from U.S. Federal Reserve signals that it would slow its interest rate hiking pace. The U.S. dollar index fell to its lowest...