Currency Intervention

Saudi central bank governor calls for more lending from commercial banks

Saudi central bank governor calls for more lending from commercial banks

Published 30/06/2020

DUBAI (Reuters) - Saudi Arabia’s central bank governor said it was encouraging commercial banks to lend more to sustain businesses during the coronavirus crisis. Saudi [more…]

Grim data keeps euro, sterling under pressure

Grim data keeps euro, sterling under pressure

Published 30/06/2020

LONDON (Reuters) - A fresh batch of grim economic data kept the euro and the pound under pressure on Tuesday as sentiment faltered amid fears [more…]

Spain, Ireland, Luxembourg vie for Eurogroup leadership

Spain, Ireland, Luxembourg vie for Eurogroup leadership

Published 25/06/2020

BRUSSELS/MADRID (Reuters) - Finance ministers of Spain, Ireland and Luxembourg are in the running to chair meetings of the powerful Eurogroup of euro zone finance [more…]

Changing of guard at top German court signals de-escalation for ECB

Changing of guard at top German court signals de-escalation for ECB

Published 22/06/2020

BERLIN (Reuters) - Changes to the composition of Germany’s top court are likely to make it less confrontational towards the European Central Bank following a [more…]

Prepping portfolios for next market storm? Not just gold and govvies

Prepping portfolios for next market storm? Not just gold and govvies

Published 09/06/2020

LONDON (Reuters) - G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider [more…]

Aussie dollar falls amid feud with China, traders cash in gains

Aussie dollar falls amid feud with China, traders cash in gains

Published 09/06/2020

LONDON (Reuters) - The Australian dollar fell nearly 2% on Tuesday after China’s education ministry warned students to carefully consider studying there amid tension between [more…]

Lagarde comments at ECB press conference

Lagarde comments at ECB press conference

Published 04/06/2020

(Reuters) - The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by [more…]

A crisis that has blunted the euro’s global profile

A crisis that has blunted the euro’s global profile

Published 21/05/2020

LONDON (Reuters) - The coronavirus crisis may have dealt a lethal blow to the idea that the euro could one day replace the dollar as [more…]

Amid rising talk of negative rates, policies in Japan, Europe get subtle tweaks

Amid rising talk of negative rates, policies in Japan, Europe get subtle tweaks

Published 19/05/2020

TOKYO/FRANKFURT/WASHINGTON (Reuters) - After years of applying plenty of stick to commercial lenders unhappy with negative interest rate policies, central bankers in the euro zone [more…]

Bank of Japan expands stimulus again as pandemic pain deepens

Bank of Japan expands stimulus again as pandemic pain deepens

Published 27/04/2020

TOKYO (Reuters) - The Bank of Japan expanded monetary stimulus on Monday and pledged to buy unlimited amount of bonds to keep borrowing costs low [more…]