Tag: Eco
Dollar weakens after U.S. payroll data suggests slowing inflation
NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after data in the U.S. unemployment report for February showed inflation pressures were e [...]
India’s forex reserves at 11-week low, down for third week
MUMBAI, Feb 24 (Reuters) - India's foreign exchange reserves (INFXR=ECI) fell for the third straight week to hit an eleven-week low of $561.27 billion [...]
EU top court adviser backs FX borrowers, Polish bank stocks fall
Analysts say opinion is positive for borrowers with FX mortgagesBanks warn if EU top court follows advice it will cost billions Banking stocks fall af [...]
FOREX Yen surges as Kazuo Ueda set to be nominated BOJ governor
LONDON, Feb 10 (Reuters) - The yen strengthened broadly on Friday after the Nikkei reported that the Japanese government was set to appoint Kazuo Ueda [...]
FOREX U.S. dollar flat to moderately higher, weak outlook intact on Fed outlook
Dollar outlook remains tilted to downside, analysts sayRate futures price in rate cuts by end-2023NY Fed's Williams says peak rate likely between 5%-5 [...]
Dollar edges down as traders look to central banks for cues
NEW YORK, Jan 25 (Reuters) - The dollar edged down against the euro on Wednesday in subdued trading as investors were hesitant to make any big bets ah [...]
Dollar up after data signals brighter outlook for U.S. business activity
NEW YORK, Jan 24 (Reuters) - The dollar rose against the euro on Tuesday after data showed U.S. business activity contracting for the seventh straight [...]
India’s foreign exchange reserves rise to 5-month high
MUMBAI, Jan 20 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose to $572 billion in the week through Jan. 13, their highest level since e [...]
China fx reserves rise $11 bln to $3.128 trillion in December
BEIJING, Jan 7 (Reuters) - China's foreign exchange reserves rose in December, official data showed on Saturday, as the dollar fell against other majo [...]
FOREX Dollar wavers after Fed minutes offer few surprises
LONDON/SINGAPORE, Jan 5 (Reuters) - The dollar was roughly flat in choppy trading on Thursday after the release of the latest Federal Reserve minutes. [...]
Egypt’s central bank taking action to regulate forex market
CAIRO, Dec 26 (Reuters) - Egypt's central bank said on Monday it is taking all necessary actions to regulate the foreign exchange market and achieve m [...]
India’s forex reserves rise for 4th week, hit over 3-month high
MUMBAI, Dec 9 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose for a fourth week to an over three-month high of $561.16 billion in the w [...]
FOREX Dollar tumbles as U.S. nonfarm payrolls show mixed picture
U.S. economy adds 261,000 new jobs, but unemployment risesDollar posts third weekly drop vs yenU.S. rate futures price in 51% chance of 75 bps hikeNEW [...]
Egypt’s currency slides as IMF deal triggers new FX regime
Central bank hikes rates in effort to contain inflationIMF says deal can catalyze about $5bln in FY 2022/33Finance rules that snarled imports to be ph [...]
Turkey halts lending to more FX-rich firms to boost lira
ISTANBUL, Oct 21 (Reuters) - Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday, sweeping up [...]