Forex News

By Gabriel Burin BUENOS AIRES (Reuters) – Strength in Brazil’s real currency will soon be challenged by rising worries about an ongoing downturn in Latin America’s No.1 economy and disagreements among policymakers, a Reuters poll of foreign exchange specialists showed.

By Mike Dolan LONDON (Reuters) – If skittish markets are just testing the extremes of possible central bank outcomes, policymakers who have bemoaned investor complacency for months may soon have to talk them off the cliff.

It was a busy morning, with the Eurozone Composite PMI signaling an improving macroeconomic environment. However, overseas demand remained weak.

LONDON (Reuters) – Britain’s economy is showing slightly more momentum than expected and pay growth is proving a bit faster than the central bank forecast last month, Bank of England Chief Economist Huw Pill said on Thursday.

A look at the day ahead in European and global markets from Ankur Banerjee

BEIJING (Reuters) – China will step up international macro policy communication and coordination, Yi Gang, central bank governor, said at a press conference in Beijing on Friday.

BEIJING (Reuters) – China’s yuan has become more flexible, helping stabilise the economy and the central bank will keep yuan exchange rates stable, the Governor of the People’s Bank of China Yi Gang said on Friday at a news conference in Beijing.

BEIJING (Reuters) – China will keep the yuan exchange rate “basically stable” this year, Yi Gang, governor of the central bank, said at a press conference in Beijing on Friday, adding that volatility will be market-driven.

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – China’s reopening is set to boost emerging market currencies against the U.S. dollar over the next six months, primarily for those that export commodities to the world’s second-largest economy, a Reuters poll of foreign exchange analysts found.

By Hari Kishan BENGALURU (Reuters) – Unfazed by the dollar’s recent strength, analysts polled by Reuters predict a weaker greenback in a year amid an improving global economy and expectations the U.S. Federal Reserve will stop hiking interest rates well ahead of the European Central Bank.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

By Stella Qiu SYDNEY (Reuters) – A rally in Asian shares sputtered on Thursday, pressured by a pullback in Chinese stocks and higher U.S. yields amid fears that global central banks would keep raising interest rates to combat sticky inflation.

By Tom Westbrook SINGAPORE (Reuters) – The dollar nursed losses on Thursday as optimism about China’s reopening was supported by encouraging data and underpinned Asian currencies, while sticky inflation had the euro eying its best week in a month and a half.

By Gaurav Dogra and Kevin Buckland (Reuters) – Japanese investors turned net sellers of foreign bonds last week, after three weeks of buying, as U.S. bonds fell on concerns over further policy tightening by the Federal Reserve.

By Francesco Canepa FRANKFURT (Reuters) – Huddled in a retreat in a remote Arctic village, European Central Bank policymakers faced up last week to some cold hard facts: companies are profiting from high inflation while workers and consumers foot the bill.

PRAGUE (Reuters) – The Czech National Bank’s monetary policy has been having a restrictive effect on the market although further tightening cannot be ruled out, the bank’s Vice-Governor Jan Frait said on Thursday.

A look at the day ahead in U.S. and global markets from Mike Dolan

LONDON(Reuters) – A surprisingly large rise in underlying price pressures in the euro zone in February reinforced the case for the European Central Bank to keep raising interest rates, nudging bond yields higher and keeping the euro near one-week highs on Thursday.

LONDON (Reuters) – British businesses’ plans for price rises and their expectations for broader inflation over the year ahead both fell in February, but plans for wage rises remained steady, a Bank of England survey showed on Thursday.

Euro area core inflation came in hotter than expected this morning. The latest numbers could give the ECB hawks more voice post-March.