Forex News
- Reuters
By Wayne Cole SYDNEY (Reuters) – Asian shares got off to a sluggish start on Tuesday after a rally on Wall Street was soured by an early slide in U.S. stock futures, while the euro was near one-month highs as odds narrowed on a July rate
- Reuters
By Kevin Buckland TOKYO (Reuters) – The safe-haven dollar clawed back some of its overnight losses on Tuesday and the yen also strengthened as U.S. stock futures sank following a profit warning from Snapchat, souring the mood after Wall Street’s strong start to the week.
- Reuters
(Reuters) – Russian banks’ corporate lending portfolio eased by 0.03% in April compared with March, the central bank said on Tuesday, adding it expected the portfolio to recover as it cuts the key rate.
- Reuters
By Divya Chowdhury and Lisa Pauline Mattackal
- Reuters
By Samuel Indyk LONDON (Reuters) – Britain’s pound fell to a more than one-week low against a strengthening euro on Tuesday but was little changed against the U.S. dollar ahead of data that could provide a clearer picture of the UK’s growth outlook.
- Reuters
DOHA (Reuters) – The Qatar Investment Authority cannot exit the Russian market and is waiting to assess its position there because of the Ukraine crisis, the sovereign wealth fund’s chief investment officer for Europe, Russia and Turkey said Tuesday.
- Reuters
WARSAW (Reuters) – The size of rate hikes in Poland must be determined by incoming data on the economy and inflation, central banker Rafal Sura said in comments published on Tuesday, adding that this meant it was not possible to say how high rates will go.
- Reuters
FRANKFURT (Reuters) – One in ten euro zone households have bought crypto-assets such as bitcoin, with the rich only slightly more likely to own some than the poor, a European Central Bank study showed on Tuesday.
- Reuters
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentine peso bills, devalued by years of inflation now soaring near 60%, are starting to cause a literal strain on wallets – with the largest banknote in circulation worth under $5 in commonly used exchange markets.
- Reuters
(Reuters) – The Russian rouble strengthened to levels not seen since March 2018 against the dollar on Tuesday, boosted by export-focused companies selling foreign currency to pay taxes and shrugging off a slight easing of capital controls.
- Reuters
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s central bank on Tuesday announced more aggressive hikes in the reserve requirement ratio (RRR) for banks, expecting inflation to rise slightly above its target band this year, but kept interest rates unchanged at a record low.
- Reuters
A look at the day ahead in markets from Julien Ponthus.
- Reuters
By Medha Singh and Lisa Pauline Mattackal
- Reuters
By Scott Murdoch HONG KONG (Reuters) – Asian stocks faced an uncertain start on Monday as persistent inflation fears and the prospect of rising interest rates dogged the global economic outlook, which remains mired in negative sentiment.
- Reuters
By Tom Westbrook SINGAPORE (Reuters) – The dollar began the week on the back foot, following its first weekly loss in nearly two months, as investors cut bets on further dollar gains from rising U.S. rates and turned hopeful that loosening lockdowns in China can
- Reuters
RIYADH (Reuters) – Saudi Crown Prince Mohammed bin Salman is planning a trip to Turkey, Cyprus, Greece, Jordan and Egypt where he will discuss regional and international issues and ink agreements in energy and trade, four sources familiar with the plans said on Monday.
- Reuters
VIENNA (Reuters) – Britain’s current surge in inflation is not the fault of the Bank of England and the stimulus it provided during the COVID-19 pandemic, Governor Andrew Bailey said on Monday.
- Reuters
(Reuters) – Russia is cutting the proportion of foreign currency revenues that exporters must convert into roubles to 50% from 80%, the finance ministry said on Monday, after the policy contributed to steep gains in the local currency.
- Reuters
By Lucy Raitano LONDON (Reuters) – The pound rallied on Monday, persisting at more than two-week highs against a broadly weaker dollar, as traders await key data on the UK’s manufacturing industry this week.
- Reuters
By Lindsay Dunsmuir and Ann Saphir (Reuters) – U.S. households reported their highest level of financial well-being since tracking began almost a decade ago and the gains were felt across all racial and ethnic groups, a Federal Reserve report released on Monday showed.