Forex News
- Reuters
MOSCOW (Reuters) – The Russian rouble jumped to a seven-year high against the dollar and euro on Moscow Exchange on Tuesday, supported by capital controls and the prospect of favourable month-end tax payments.
- Reuters
By Marc Jones LONDON (Reuters) – Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said.
- Reuters
LONDON (Reuters) – The Bank of England will need to raise interest rates further in the near future to tackle surging inflation, Bank of England chief economist Huw Pill said on Tuesday.
- Reuters
By Jamie Freed DOHA (Reuters) – Global airlines are grappling with a double whammy from the rare combination of a strong U.S. dollar and high oil prices at a time when broad inflationary pressures and worker shortages are also placing pressure on the pandemic-hit industry’s recovery.
- Reuters
(Reuters) – Polish corporate sector wages rose by an annual 13.5% in May to an average of 6,400 zlotys ($1,457.06) per month, below analysts’ expectations of 14.6%, statistics office data showed on Tuesday.
- Reuters
A look at the day ahead in markets from Dhara Ranasinghe.
- Reuters
By Tom Wilson, Elizabeth Howcroft, Nupur Anand and Ece Toksabay
- Reuters
By Lisa Pauline Mattackal and Medha Singh
- Reuters
PARIS (Reuters) – The European Central Bank’s planned instrument against financial fragmentation between euro countries must allow it to back up its commitment to defending the euro, ECB policymaker Francois Villeroy de Galhau said on Monday.
- Reuters
HARARE (Reuters) – Zimbabwean health workers went on strike on Monday after rejecting a 100% wage hike offer last week, pressing their demand for payment in U.S. dollars as the local currency slumps.
- Reuters
(Reuters) – A Moscow court on Monday rejected an appeal brought by Meta Platforms Inc after it was found guilty of “extremist activity” in Russia, the TASS news agency reported.
- Reuters
By Kevin Buckland TOKYO (Reuters) – The Japanese yen remained under pressure on Monday, weakening toward a 24-year low after the Bank of Japan on Friday bucked the trend in a week of massive central bank tightening to renew its commitment to ultra-easy policy.
- Reuters
LONDON (Reuters) – The pound edged higher on Monday, breaking a three-week losing streak versus the broadly struggling U.S. dollar as hawkish comments from policymakers supported the currency.
- Reuters
MOSCOW (Reuters) – The Russian rouble steadied on Monday near multi-year peaks, supported by capital controls, and may continue firming later this month due to month-end tax payments.
- Reuters
By Wayne Cole SYDNEY (Reuters) – Asian shares were trying to sustain a rare rally on Monday as Wall Street futures made early gains, perhaps hoping a U.S. holiday would provide a break from recent selling, though worries about global recession were never far away.
- Reuters
By Alun John HONG KONG (Reuters) – The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at major crypto players could unleash a major shakeout if not contained.
- Reuters
A look at the day ahead in markets from Dhara Ranasinghe.
- Reuters
SHANGHAI (Reuters) – China kept its benchmark lending rates for corporate and household loans steady at its June fixing on Monday, matching market expectations.
- Reuters
By Tina Bellon (Reuters) – Bitcoin on Sunday rose around 7.6% to $20,404 from its previous close, signaling a recovery from a sharp drop on Saturday.
- Reuters
(Reuters) – Bitcoin dropped 6.53% to $19,106.37 at 0734 GMT on Saturday, losing $1,334.33 from its previous close.