Forex News
- Reuters
By Kantaro Komiya and Daniel Leussink TOKYO (Reuters) – The Japanese yen will likely remain weaker than the key psychological level of 130 per dollar over the next six months as a gap between Japanese and U.S. benchmark yields weighs on the currency, a Reuters
- Reuters
By Sam Byford TOKYO (Reuters) – Asian stocks slipped and the dollar stood by a two-decade high on the euro on Wednesday as investors’ fears deepened that the continent is leading the world into recession, while oil and European equity futures attempted to steady after a
- Reuters
By Rae Wee and Alun John SINGAPORE/HONG KONG (Reuters) – The dollar stood tall on Wednesday, holding at a 20-year peak against the euro and multi-month highs against other major peers as higher gas prices and political uncertainty renewed recession fears and sent investors scrambling to
- Reuters
By Bharat Gautam (Reuters) -Gold found temporary respite on Wednesday after touching a near seven-month low in the previous session, as the dollar paused for breath after a blistering surge to 20-year highs.
- Reuters
NEW YORK (Reuters) – A deteriorating inflation situation and concern about lost faith in the Federal Reserve’s power to make it better prompted U.S. central bank officials to rally around an outsized interest rate increase and a firm restatement of its intent to get prices under
- Reuters
By Jamie McGeever ORLANDO, Fla. (Reuters) – The world’s big four central banks are all in an unenviable position of fighting the highest inflation in decades without crashing their economies. From an exchange rate perspective, the European Central Bank’s is the most unenviable of all.
- Reuters
SINGAPORE (Reuters) – Britain’s stock markets were set to recover on Wednesday after their worst single-day drubbing in three weeks, even as investors braced for months of political uncertainty and questions over the survival of a scandal-hit prime minister.
- Reuters
SHANGHAI (Reuters) – Foreign investors continued to cut holdings in Chinese bonds in June but added positions in equities, bucking the trend in other emerging markets (EM), the Institute of International Finance (IIF) said on Wednesday.
- Reuters
By Lucy Raitano LONDON (Reuters) – A battered British pound steadied on Wednesday but did not stray far from more than two-year lows against the dollar as British Prime Minister Boris Johnson clung to power after key cabinet members quit unexpectedly.
- Reuters
NEW YORK (Reuters) – Emerging markets suffered a fourth straight month of portfolio outflows in June, notching the longest losing streak in seven years, as recession fears and inflation rattled investors, data from the Institute of International Finance showed.
- Reuters
By Fergal Smith TORONTO (Reuters) – Canadian government spending is leaving the Bank of Canada to work alone to rein in the highest inflation rate in nearly four decades, economists say.
- Reuters
By Jonathan Cable LONDON (Reuters) – Sterling, down nearly 12% against the dollar since the start of this year, is likely to regain around half of its lost ground in 2022 over the next 12 months as the Bank of England looks set to continue raising
- Reuters
By Alan Charlish and Pawel Florkiewicz WARSAW (Reuters) – Hopes that the Polish central bank’s monetary policy tightening cycle may be nearing its end could be shattered by government policies aiming to support domestic demand and ease the pain of inflation in a pre-election year, economists
- Reuters
LONDON (Reuters) – Bank of England chief economist Huw Pill said on Wednesday that he would be open to voting for a larger move in interest rates than the 0.25 percentage point steps favoured so far by the BoE, if economic circumstances warrant.
- Reuters
MOSCOW (Reuters) – Russian online bank Tinkoff on Wednesday said it was suspending outgoing SWIFT transfers in foreign currencies until Oct. 1 after admitting it had struggled with such transactions due to restrictions on Russia’s banks.
- Reuters
By Joice Alves LONDON (Reuters) – If history is any indicator of the future, the first two weeks of July could bring relief to investors after a bruising first half of the year.
- Reuters
LONDON (Reuters) – Bank of England Chief Economist Huw Pill on Wednesday warned against raising interest rates in big, bold steps and reiterated his preference for a more “steady-handed” approach.
- Reuters
LONDON (Reuters) – Britain is likely to see little or no economic growth in the next year or so as surging inflation erodes households’ spending power, Bank of England chief economist Huw Pill said on Wednesday.
- Reuters
LONDON (Reuters) – Bank of England Deputy Governor Jon Cunliffe said the British central bank will ensure that the recent surge in inflation does not become embedded in the economy.
- Reuters
A look at the day ahead in markets from Saikat Chatterjee.