Forex News

LONDON (Reuters) – Russia’s invasion of Ukraine has disrupted economies and markets around the world, from energy and food prices to European banks, emerging market stocks and the Russian currency.

By Mike Dolan LONDON (Reuters) – If Fed steers on the time it takes interest rate hikes to hit the real economy are anything to go by, the state of the economy this summer will define the endgame.

Stats from Germany disappointed today, with consumer confidence up modestly and the German economy weaker than previously expected.

A look at the day ahead in European and global markets from Tom Westbrook

TOKYO (Reuters) – Japan’s lower house of parliament is conducting confirmation hearings on the government’s nominee for the new central bank governor, Kazuo Ueda, on Friday.

By Marc Jones LONDON (Reuters) – The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as bitcoin legal tender status.

By Rocky Swift TOKYO (Reuters) – Nearly half of Japanese firms say that new leadership at the central bank should revise its negative interest rate policies, while more than a quarter say its price target should be changed, according to a Reuters monthly poll.

By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets were pinned near seven-week lows on Thursday while the dollar stood at multi-week peaks, as a run of strong economic data had investors worrying interest rates will need to keep rising and stay high to put the

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

By Rae Wee SINGAPORE (Reuters) – The dollar stood near a seven-week high against the euro and the Aussie on Thursday, as expectations the Federal Reserve is likely to stay on its aggressive rate-hike path, reinforced by minutes from its last policy meeting, set the tone

MEXICO CITY (Reuters) – Most of the Bank of Mexico’s board members consider its benchmark interest rate could be increased more moderately at the next monetary policy meeting, minutes of the central bank’s latest meeting showed on Thursday.

KARACHI, Pakistan (Reuters) – Pakistan’s foreign exchange reserves held by the central bank rose by $66 million to $3,258.5 million in the week ending Feb. 17, it said on Thursday.

By Ezgi Erkoyun and Daren Butler ISTANBUL (Reuters) -Turkey’s central bank lowered its policy rate by 50 basis points to 8.5% on Thursday, as expected, following a devastating earthquake that killed more than 43,000 people in southern Turkey this month.

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

Euro area inflation softened in January to 8.6%, supporting a 50-basis point rate hike in March. US stats up next along with Fed chatter.

By Jorgelina do Rosario and Karin Strohecker

JERUSALEM (Reuters) – Bank of Israel Governor Amir Yaron held an emergency meeting of the country’s Financial Stability Committee late on Wednesday to discuss developments in the financial markets including a sharp weakening of the shekel, Israeli media reported.

By Tejaswi Marthi (Reuters) – Investors returned to placing bearish bets on all Asian currencies shortly after on the increasing likelihood that the U.S. Federal Reserve would continue hiking rates for longer, helping the dollar regain its lost momentum, a Reuters poll showed on Thursday.

By Ira Dugal and Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India need not keep raising rates until prices fall as it risks overshooting the inflation-adjusted real rate, which at around 1% now is appropriate for the economy, an external member of the country’s

A look at the day ahead in European and global markets from Wayne Cole.