Asia FX gains as dollar dips from 2-mth high, Fed fears persist By Investing.com

[ad_1] © Reuters. Investing.com — Most Asian currencies rose slightly on Friday, recovering a measure of steep losses this week as the dollar retreated from two-month highs, although concerns over rising U.S. interest rates remained in play. Regional markets were also cheered by the prospect of more stimulus measures in China, after the People’s Bank

GBP unlikely to see notable gains following CPI release – MUFG

[ad_1] Share: The ONS has just released the July CPI data. Economists at MUFG Bank do not expect the British Pound (GBP) to enjoy substantial gains following inflation figures. Inflation surprises modestly to the upside  The drop overall in inflation was a little less than expected. The core CPI rate remained unchanged at

Russia’s rouble gives up intraday gains after 350 bp emergency rate hike By Reuters

[ad_1] © Reuters. A view shows U.S. one-dollar and Russian 100-rouble banknotes in this illustration picture taken August 14, 2023. REUTERS/Shamil Zhumatov/Illustration MOSCOW (Reuters) -The rouble gave up early gains on Tuesday in volatile trade after the central bank hiked rates by 350 basis points to 12%, a move that was baked into market expectations

Yen drifts after breaching 2023 low, dollar gains By Reuters

[ad_1] © Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The slipped on Monday to its lowest in the year against the dollar, breaching the key 145 level before regaining some ground as traders warily looked

European equity close: Friday selling erases weekly gains

[ad_1] Closing changes: Stoxx 600 -1.0% German DAX -0.9% UK FTSE 100 -1.2% French CAC -1.2% Italy MIB -1.0% Spain IBEX -0.7% On the week: Stoxx 600 flat German DAX -0.7% UK FTSE 100 -0.5% French CAC +0.4% Italy MIB -1.0% Spain IBEX +0.7% There’s a doji star on the weekly Stoxx 600 chart. Stoxx

Dollar set for fourth week of gains, climbs back towards 145 yen By Reuters

[ad_1] © Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration By Amanda Cooper LONDON (Reuters) – The dollar headed for a fourth weekly gain on Friday even after data showed U.S. inflation did not pick up

Dollar steady after CPI release; sterling gains on GDP growth By Investing.com

[ad_1] © Reuters. Investing.com – The U.S. dollar steadied in early European trade Friday in the wake of the latest consumer inflation release, while sterling bounced after stronger-than-expected U.K. growth data. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, edged lower to 102.350 but remains