FOREX

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…]

C$ rallies along with stocks- BoC decision due Wednesday

C$ rallies along with stocks- BoC decision due Wednesday

Published 13/07/2020

TORONTO (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Monday as stock markets globally climbed and ahead of an interest rate decision [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…]

Dollar steadies as overnight risk-off move eases

Dollar steadies as overnight risk-off move eases

Published 15/06/2020

NEW YORK (Reuters) - The U.S. dollar was slightly lower in North American morning trade on Monday, stabilizing after a move higher overnight on a [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…]

Dollar treads water against euro- yuan sinks on U.S.-China tensions

Dollar treads water against euro- yuan sinks on U.S.-China tensions

Published 27/05/2020

NEW YORK (Reuters) - The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for [more…]

Yen edges up after BOJ, pound gains on hopes of lockdown easing

Yen edges up after BOJ, pound gains on hopes of lockdown easing

Published 27/04/2020

TOKYO (Reuters) - The yen edged higher on Monday after the Bank of Japan expanded stimulus to help companies hit by the coronavirus crisis while [more…]

Dollar takes a back seat as markets bet on Fed rate cuts

Dollar takes a back seat as markets bet on Fed rate cuts

Published 02/03/2020

TOKYO/SINGAPORE (Reuters) - The dollar was on the back foot on Monday as growing expectations of U.S. interest rate cuts to cushion the impact of [more…]

Euro hit as coronavirus spread widens and investors rush for dollars

Euro hit as coronavirus spread widens and investors rush for dollars

Published 24/02/2020

LONDON (Reuters) - The euro dropped back towards $1.08 on Monday and the Australian dollar tumbled to a new 11-year low as the rapid spread [more…]

Euro struggles near three-year low as traders fret about economic slowdown

Euro struggles near three-year low as traders fret about economic slowdown

Published 17/02/2020

LONDON (Reuters) - The euro struggled near 3-year lows on Monday as investors worried about weakening growth in the region, while Chinese efforts to limit [more…]