Tag: econ
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
MOF’s Suzuki: Japan will act resolutely on forex volatility – Kyodo
TOKYO, Oct 15 (Reuters) - There are no changes to Japan's position that it will act resolutely in case of volatility in the currency market, the Kyodo [...]
EXCLUSIVE Lebanon will gradually phase in new official FX rate, PM says
Lebanese PM says new FX rate to be implemented graduallyAfter IMF criticism, Mikati says Beirut is committed to dealPM says feels savers' pain but war [...]
China forex regulator warns against illegal money outflows
BEIJING, Sept 30 (Reuters) - China's foreign exchange regulator named and shamed 10 banks that had assisted illegal capital outflows, vowing to crack [...]
Column: G7 could give FX more attention
G7 trade and Economy Ministers line up for a family photo in front of Neuhardenberg Castle, Germany, September 15, 2022. REUTERS/Annegret HilseRegiste [...]
BOJ checks FX rates in apparent preparation for currency intervention – Nikkei
A banknote of Japanese yen is seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustrat [...]