Swedish crown gains on central bank forecast for more hikes, softer dollar By Reuters
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Alun John LONDON (Reuters) – The Swedish crown rallied on Thursday after the country’s central bank raised interest rates and forecast further tightening, while the dollar weakened against most other currencies alongside positive […]
Nigerian court suspends Friday deadline to swap banknotes By Reuters
© Reuters. A man holds money in his hand at the animal market in Karu, Abuja, Nigeria, July 8, 2022. REUTERS/Afolabi Sotunde By Camillus Eboh and Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s Supreme Court on Wednesday prevented the government from enforcing a Friday deadline for citizens to swap old banknotes for new ones, as the […]
Factbox-Nigeria’s plan to ditch old banknotes By Reuters
© Reuters. FILE PHOTO: A person holds a new 1000 Naira note as the Central Bank of Nigeria releases the notes to the public through the banks in Abuja, Nigeria. REUTERS/Afolabi Sotunde By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s Supreme Court on Wednesday restrained the government, through the central bank, from ending the legal tender […]
Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll By Reuters
© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for commodity-linked currencies and […]
Dollar pulls back as Powell sticks to usual Fed playbook By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar eased on Wednesday after Federal Reserve Chair Jerome Powell failed to offer fresh signs of a hawkish pushback against a resilient labour market in the United States, leading […]
Big move for dollar not a given for next three months: Reuters Poll By Reuters
© Reuters. FILE PHOTO: A packet of U.S. five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron//File Photo By Hari Kishan BENGALURU (Reuters) – The dollar’s recent comeback may not be indicative of a new broad trend, with FX strategists in a Reuters poll split on […]
China says it will set up yuan clearing arrangements in Brazil By Reuters
© Reuters. FILE PHOTO: A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha/File Photo BEIJING (Reuters) – China’s central bank has signed a memorandum of understanding on setting up yuan clearing arrangements in Brazil, it said on Tuesday, […]
Mexico peso to pare recent gains but be kept firm by tight policy: Reuters poll By Reuters
© Reuters. Three twenty pesos coins are seen, as Mexico’s Central Bank (Banco de Mexico) puts into circulation a twenty pesos coin which commemorates the 100th anniversary of the arrival of the Mennonites to the country, in this picture illustration taken August 9, By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s peso is set to […]
Dollar pauses in bullish run; Aussie climbs on RBA’s hawkish outlook By Reuters
© Reuters. FILE PHOTO: A U.S. five dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar eased on Tuesday after its rally the previous day, but still hovered near a one-month peak as traders raised their forecasts of how high the U.S. […]
Japan confirms FX interventions twice in Oct to support yen By Reuters
© Reuters. FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo TOKYO (Reuters) – Japan confirmed on Tuesday that it did intervene in the foreign exchange market twice in October to support its yen currency, Ministry of Finance (MOF) data showed on Tuesday. The quarterly […]