foreign-exchange
Top StoriesAnalysis-Crowd of Dollar Bulls Raises Risk of Violent Pullback
Top StoriesSterling Hits All-Time Low Versus Broadly Stronger Dollar
Top StoriesYen Spikes After Japan Intervention, Stocks Slump
Top StoriesJapan Intervenes to Stop Yen Slide, After BOJ Holds Rates Super Low
Analysis-Race to Rein in Strong Dollar Is on After Japan Intervenes
Date: September 22, 2022
By Tommy Wilkes and Nell Mackenzie LONDON (Reuters) – The Bank of Japan’s intervention to prop up a freefalling yen has currency investors speculating about which central bank could move next in the face of a soaring dollar. Few think another G7 central bank would be bold enough to intervene directly as Japan did on...
Sterling Pulls Off 37-year Low as a Slew of Central Banks Hike Rates
Date: September 22, 2022
By Joice Alves LONDON (Reuters) – Sterling rose, after slipping to a fresh 37-year low, against a weakening U.S. dollar on Thursday ahead of a Bank of England meeting and after a slew of central banks’ rate hikes. Traders were awaiting for an expected BoE interest rate hike at 1100 GMT with money markets pricing...
Stocks Recoup Losses After Putin’s Nuclear Threat; Fed Keeps Dollar Buoyant
Date: September 21, 2022
By Amanda Cooper LONDON (Reuters) -Global equities shook off an early knock to risk appetite and rebounded on Wednesday after Russian President Vladimir Putin accused the West of “nuclear blackmail”, sparking a brief flight to safe-haven assets like gold and bonds. European stocks pared earlier losses and mostly rose, helping boost U.S. stock futures, as...
Putin Speech Sends Sterling to Fresh 37-year Low Ahead of Fed, BoE Meetings
Date: September 21, 2022
By Lucy Raitano LONDON (Reuters) – The pound touched a new 37-year low against the dollar on Wednesday after Russian President Vladimir Putin’s accusation of “nuclear blackmail” by the West boosted the safe-haven dollar. An expected interest rate hike by the U.S Federal Reserve (Fed) later in the day played into market sentiment, with eyes...
Stocks Fall, Bonds and Gold Gain as Russia Threats Add to Fed Jitters
Date: September 21, 2022
By Amanda Cooper LONDON (Reuters) -Stocks fell, while safe havens such as government bonds and the dollar rose, as anxious investors fled risk assets after Russian President Vladimir Putin on Wednesday ordered a mobilisation over Ukraine and accused the West of “nuclear blackmail”. European currencies came under fire, with the euro dropping 0.4% to $0.9932...
U.S. Expects More Banks Will Cut Off Russian Payment System Mir – Senior Official
Date: September 20, 2022
WASHINGTON (Reuters) – Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir make a lot of sense, a senior U.S. administration official said on Tuesday, and said the United States expects more banks will cut off Mir over sanctions risk. Isbank and Denizbank on Monday announced separately...