Currencies / Foreign Exchange Markets

Summer mood swings: markets turn higher on hopes of virus aid

Summer mood swings: markets turn higher on hopes of virus aid

Published 03/08/2020

LONDON (Reuters) - World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, [more…]

China will make monetary policy more flexible, targeted in second half: central bank

China will make monetary policy more flexible, targeted in second half: central bank

Published 03/08/2020

BEIJING (Reuters) - China’s monetary policy will be more flexible and targeted in the second half of the year, the central bank said on Monday. [more…]

Gold roars to record high, dollar dives again

Gold roars to record high, dollar dives again

Published 27/07/2020

LONDON (Reuters) - Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates [more…]

Euro zone companies tapped bank credit in June even as economy reopened

Euro zone companies tapped bank credit in June even as economy reopened

Published 27/07/2020

FRANKFURT (Reuters) - Euro zone companies continued to tap bank credit at a brisk pace in June even as the economy reopened after three months [more…]

As bankers return to the office, industry body warns of new risks of bad conduct

As bankers return to the office, industry body warns of new risks of bad conduct

Published 27/07/2020

LONDON (Reuters) - Returning to the office will bring new challenges for banks and brokerages seeking to enforce good conduct by staff, after the bulk [more…]

Analysts’ View: EU progress lifts euro, stocks on the defensive

Analysts’ View: EU progress lifts euro, stocks on the defensive

Published 20/07/2020

LONDON (Reuters) - EU leaders reported some progress on Monday after three days of haggling over a coronavirus stimulus plan, sending the euro to a [more…]

Euro hits four-month high on hopes for EU recovery fund deal

Euro hits four-month high on hopes for EU recovery fund deal

Published 20/07/2020

LONDON (Reuters) - The euro retreated after hitting a 19-week high of $1.1467 on Monday after EU summit chairman Charles Michel said a recovery fund [more…]

Euro, euro zone bond markets hold out hope for recovery fund, stocks cautious

Euro, euro zone bond markets hold out hope for recovery fund, stocks cautious

Published 20/07/2020

LONDON (Reuters) - The euro and euro zone bond markets held out hope European Union leaders would strike a deal on a recovery fund for [more…]

Investors chase risky assets as stimulus measures offset virus worries: BofA

Investors chase risky assets as stimulus measures offset virus worries: BofA

Published 17/07/2020

LONDON (Reuters) - Investors pumped money into riskier bonds and equity funds, BofA’s weekly fund flow statistics showed on Friday, as unprecedented stimulus measures helped [more…]

Equities hit five-month peak, bonds dip, as earnings season starts

Equities hit five-month peak, bonds dip, as earnings season starts

Published 13/07/2020

NEW YORK (Reuters) - World equity benchmarks hit a five-month peak and perceived safe -havens such as the dollar and U.S. government bonds dipped on [more…]