Forex News

By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday as markets were forced to price in ever-loftier peaks for U.S. and European interest rates, slugging bonds globally and pushing the dollar to multi-week highs.

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was on the front foot on Monday, hovering near a seven-week peak after a slew of strong U.S. economic data reinforced the view that the Federal Reserve will have to raise interest rates further and for longer.

By Marc Jones LONDON (Reuters) – Central banks need to “get the job done” when it comes to getting inflation back under control, the Bank for International Settlements has said, urging them to avoid the mistakes of the 1970’s by declaring victory too early.

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

It was a busy morning for the EUR/USD and the DAX. The Eurozone business and consumer survey drew interest ahead of the US session.

(Reuters) – A raft of U.S. data and European inflation numbers will give guidance on how the world’s top central banks will navigate the way ahead – including whether we’re heading for that hotly debated “no landing” scenario.

A look at the day ahead in European and global markets from Anshuman Daga

By Carolina Mandl, Davide Barbuscia and Tom Westbrook

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

DUBAI (Reuters) – Iran’s currency fell to a record low against the U.S. dollar on the unofficial market on Sunday, amid the country’s increasing isolation over its disputed nuclear programme, human rights violations and the supply of drones to Russia.

It is a busy week ahead for the global financial markets. After the shift in sentiment toward the Fed, central bank chatter will draw plenty of interest.

DUBAI (Reuters) – Iran’s rial currency sank to a record low against the U.S. dollar on Saturday despite central bank measures aimed at cooling demand for foreign currency from savers worried about inflation and the country’s economic prospects.

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday said fourth-quarter profit fell, reflecting lower gains from investments and foreign currency exchange losses as the U.S. dollar lost value.

By Jorgelina do Rosario and Jorge Otaola

(Reuters) – Bank of Japan (BOJ) Governor Haruhiko Kuroda on Saturday stressed anew the central bank’s resolve to maintain ultra-loose monetary policy, even as inflation continued to exceed its 2% target.

By Stella Qiu SYDNEY (Reuters) – Asian markets breathed a sigh of relief on Friday as the incoming head of Japan’s central bank soothed fears of an early end to super-easy monetary policy, nudging bond yields lower globally.

By Ankur Banerjee SINGAPORE (Reuters) – The dollar held firm on Friday as investors braced for U.S. interest rates to be higher for longer, while the yen was volatile, with incoming Bank of Japan Governor Kazuo Ueda saying it was appropriate to maintain an ultra-loose monetary

BRASILIA (Reuters) – Foreign direct investment in Brazil reached its highest level for January in five years, according to central bank data on Friday, continuing a trend of strong results since last year.

BEIJING (Reuters) – China’ economy is expected to generally rebound in 2023, and the country will increase macro policy regulation with a focus on supporting the expansion of domestic demand, according to the central bank’s monetary policy implementation report on Friday.

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