foreign exchange

Image for U.S. dollar climbs as Fed likely to deliver another big hike; sterling slumps
Trading

U.S. dollar climbs as Fed likely to deliver another big hike; sterling slumps

By Gertrude Chavez-Dreyfuss and Alun John NEW YORK/LONDON (Reuters) – The dollar gained across the b...

31st October, 2022

Image for FX solutions will be a key leverage for businesses against a volatile pound
Business

FX solutions will be a key leverage for businesses against a volatile pound

By Koen Vanpraet, CEO EMEA at Moneycorp, a world-leading payments and FX fintech helping businesses...

31st October, 2022

Image for Dollar climbs ahead of busy week for central banks
Top Stories

Dollar climbs ahead of busy week for central banks

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar advanced on Monday, regaining some...

31st October, 2022

Image for Global FX trading hits record $7.5 trln a day – BIS survey
Trading

Global FX trading hits record $7.5 trln a day – BIS survey

By Marc Jones and Alun John LONDON (Reuters) – Currency trading has hit a record $7.5 trillion-a-day...

27th October, 2022

Image for Sterling hits six-week high as Sunak mulls delay to Oct. 31 budget plan
Trading

Sterling hits six-week high as Sunak mulls delay to Oct. 31 budget plan

By Lucy Raitano LONDON (Reuters) – Sterling soared to six-week highs on Wednesday, as Britain’s new...

26th October, 2022

Image for Sterling rises as Sunak victory in PM race offsets economic gloom
Trading

Sterling rises as Sunak victory in PM race offsets economic gloom

By Amanda Cooper LONDON (Reuters) -The pound rose on Tuesday, boosted by a degree of investor relief...

25th October, 2022

Image for Dollar shakes off suspected Japan intervention; stocks brace for earnings
Top Stories

Dollar shakes off suspected Japan intervention; stocks brace for earnings

By Chris Prentice and Amanda Cooper WASHINGTON/LONDON (Reuters) -U.S. shares were mixed on Monday as...

24th October, 2022

Image for IBM expects to exceed annual revenue target on resilient cloud momentum
Top Stories

IBM expects to exceed annual revenue target on resilient cloud momentum

By Chavi Mehta (Reuters) -IBM Corp beat quarterly earnings estimates on Wednesday and said it expect...

20th October, 2022

Image for Turbulent markets jolt currency hedge funds from decade-long slumber
Top Stories

Turbulent markets jolt currency hedge funds from decade-long slumber

By Nell Mackenzie LONDON (Reuters) – Veteran hedge fund manager John Taylor describes one of his fav...

18th October, 2022

Image for Swiss National Bank makes another large draw on Fed swap line
Top Stories

Swiss National Bank makes another large draw on Fed swap line

(Reuters) – The Swiss National Bank this week drew nearly $6.3 billion from the U.S. Federal Reserve...

14th October, 2022

Image for Analysis-Weak forint rains on Hungary’s ‘no more hikes’ parade
Top Stories

Analysis-Weak forint rains on Hungary’s ‘no more hikes’ parade

By Krisztina Than BUDAPEST (Reuters) – Hungary’s central bank tightened forint liquidity further on...

12th October, 2022

Image for U.S. dollar drifts higher; yen heads toward level that prompted intervention
Top Stories

U.S. dollar drifts higher; yen heads toward level that prompted intervention

By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar edged higher...

11th October, 2022