Forex News
- Reuters
BANGKOK (Reuters) – Thailand’s central bank said on Wednesday it was closely monitoring capital movements and the baht currency and was ready to take action on any excessive volatility.
- Reuters
LONDON (Reuters) – The ECB is unlikely to introduce a new tool just yet to address strain in euro area bond markets, and may instead prefer to stress bond reinvestments, Franklin Templeton’s head of European fixed income David Zahn said on Wednesday.
- Reuters
ZURICH (Reuters) – The Swiss economy is expected to expand by 2.6% in 2022, the government said on Wednesday, becoming the latest region to downgrade its growth estimates due to the war in Ukraine and uncertainties in China.
- Reuters
By Maki Shiraki, Satoshi Sugiyama and Norihiko Shirouzu
- Reuters
By Yoruk Bahceli, Dhara Ranasinghe and Stefano Rebaudo
- Reuters
A look at the day ahead in markets from Sujata Rao
- Reuters
SEOUL (Reuters) – South Korea’s top economic and finance officials, including the finance minister and the central bank chief, plan to meet early on Thursday to discuss the economy and financial market situation, the finance ministry said on Wednesday.
- Reuters
By Mike Dolan LONDON (Reuters) – If the U.S. Federal Reserve’s plans are changing week to week, then the concept of “forward guidance” as a policy tool has been well and truly abandoned.
- Reuters
By Andy Bruce LONDON (Reuters) – With Britain’s currency sinking and the U.S. Federal Reserve poised to raise borrowing costs aggressively, Bank of England policymakers may suddenly feel pressured to announce an outsized interest rate hike of their own this week.
- Reuters
By Kantaro Komiya TOKYO (Reuters) – The yen is at risk of weakening further against the dollar for at least the rest of 2022, more than two-thirds of economists polled by Reuters said, underscoring the consequences of the Bank of Japan being the lone major
- Reuters
SINGAPORE (Reuters) – Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc to stake more tokens against a bitcoin-backed loan or trigger selling of some of its vast holdings, setting fragile cryptocurrency markets on edge.
- Reuters
SINGAPORE (Reuters) – Software firm MicroStrategy said it has not received a margin call against its bitcoin-backed borrowing on Wednesday, and it has plenty of extra collateral to pledge if necessary.
- Reuters
HONG KONG (Reuters) – Hong Kong’s de-facto central bank bought HK$9.255 billion ($1.18 billion) from the market in New York trading hours to stop the local currency weakening and breaking its peg to the U.S. dollar.
- Reuters
By Scott Murdoch HONG KONG (Reuters) – Asian shares tumbled on Tuesday after Wall Street officially entered bear market territory and bond yields hit a two-decade high on fears aggressive U.S. interest rate hikes would push the world’s largest economy into recession.
- Reuters
By Tom Westbrook SINGAPORE (Reuters) – The U.S. dollar stood by a fresh 20-year peak on Tuesday and just about everything else nursed losses as investors braced for aggressive Federal Reserve rate hikes and a possible recession.
- Reuters
MILAN (Reuters) – Swiss bank UBS is working to offer digital services that allow customers to buy real assets, but would advise them to stay away from crypto assets based purely on algorithms, Chief Executive Ralph Hamers said on Tuesday.
- Reuters
By Joice Alves LONDON (Reuters) – Sterling rose against the U.S. dollar but fell to a one month low versus the euro on Tuesday after data showed the jobless rate rose in the three months to April, bolstering prospects that the Bank of England will continue
- Reuters
(Reuters) – The Russian rouble firmed towards a three-week high against the euro in volatile trade on Tuesday but was steady against the U.S. dollar, while stock indexes inched lower in the absence of new drivers and momentum.
- Reuters
By Joice Alves LONDON (Reuters) – Climate change could play out to the advantage of the euro, while China’s yuan and the Japanese yen are set to suffer the most without greater efforts to mitigate the effects of global warming, Barclays said in a report.
- Reuters
FRANKFURT (Reuters) – Global use of the euro remained stable over the past year with the shared currency holding its spot as a distant second to the dollar, a fresh study by the European Central Bank showed on Thursday.