Tag: PLCY

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Turkish lira extends losses as Ankara loosens grip on forex market

Turkish lira extends losses as Ankara loosens grip on forex market

Lira hits fresh record low versus dollarFall shows move towards freely traded currency - economists'No air of panic' in markets, says traderInvestors [...]
Lira plunges more than 7% as Turkey edges towards free market

Lira plunges more than 7% as Turkey edges towards free market

Currency in worst selloff since historic 2021 crashAfter election, state's FX-stabilising measures loosenErdogan signalled policy U-turn in naming Sim [...]
Dollar jumps after surprise boost in May payrolls

Dollar jumps after surprise boost in May payrolls

WASHINGTON, June 2 (Reuters) - The U.S. dollar rose on Friday after May's non-farm payrolls report showed employment numbers surged, while traders wei [...]
China forex reserves rise to $3.205 trln in April

China forex reserves rise to $3.205 trln in April

BEIJING, May 7 (Reuters) - China's foreign exchange reserves rose more than expected in April, official data showed on Sunday, as the dollar fell agai [...]
Dollar weakens after U.S. payroll data suggests slowing inflation

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 [...]
FOREX Yen surges as Kazuo Ueda set to be nominated BOJ governor

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

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

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

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

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

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. [...]
FOREX Dollar tumbles as U.S. nonfarm payrolls show mixed picture

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

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

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 [...]
As intervention threat grows, Japan says FX speculators dealt with ‘strictly’

As intervention threat grows, Japan says FX speculators dealt with ‘strictly’

Finmin says cannot tolerate excessive, speculative yen weakeningYen falls beyond 150 to the dollar, 32-year lowMarket players brace for second round o [...]
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