Forex News

By Rae Wee SINGAPORE (Reuters) – The dollar rode U.S. Treasury yields higher on Friday and was eyeing a third straight week of gains, as a bout of resilient economic data out of the United States raised market expectations that more interest rate hikes were in

By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to rise, two influential policymakers said on Friday, pushing up market pricing for the peak rate and helping to unwind benign expectations after the last policy meeting.

LONDON (Reuters) – Investors turned more cautious in the week to Wednesday, according to data from Bank of America, as a run of data prompted many to raise their forecasts for how high the U.S. Federal Reserve will take interest rates.

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

MOSCOW (Reuters) – The Russian rouble fell past 75 to the dollar on Friday, extending a recent weakening trend sparked by embargoes on Russian oil products and the steady recovery of imports, which has raised demand for foreign currency.

UK retail sales beat expectations in January. However, the numbers are unlikely to force the BoE to continue hiking rates at an aggressive pace.

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

By John McCrank NEW YORK (Reuters) – It’s crunch time for the corporate loan market.

By Rae Wee SINGAPORE (Reuters) – The dollar advanced on Thursday after strong U.S. retail sales data underpinned the resilience of the world’s largest economy, cementing the case that the Federal Reserve still has further to go in tightening rates.

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

By Tom Westbrook SINGAPORE (Reuters) – Bonds fell and the dollar rose on Thursday as roaring U.S. retail sales had investors reckoning on interest rates staying higher for longer to temper demand, though stock markets were focused on the bright side for earnings and climbed a

LONDON (Reuters) -The European Central bank should start raising its interest rates in smaller increments and avoid committing to future moves as inflation in the euro zone falls, ECB board member Fabio Panetta said on Thursday.

By Tom Westbrook SINGAPORE (Reuters) – The dollar found some support on Wednesday after stubbornly high U.S. inflation suggested interest rates are going to remain high for longer than investors had expected.

LONDON (Reuters) – Bitcoin touched a six-month high on Thursday, swept higher with equities and other relatively risky assets as investors gained confidence in the economic outlook and dismissed concern about regulatory scrutiny of the sector.

LONDON (Reuters) – Direct costs to physical structures in Turkey from the devastating earth quake on Feb. 6 could amount to 2.5% of growth domestic product or $25 billion, with risks to the upside, JPMorgan said on Thursday.

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

By Rae Wee SINGAPORE (Reuters) – The world’s biggest factory and most populous nation has opened for business after three years, leading to a surge in demand as well as concerns it will add to global inflationary pressures. But economists say investors need not worry too

It was a busy start to the European session. While trade data drew interest, the ECB Economic Bulletin was key this morning.

(Reuters) – Most Asian bonds witnessed foreign inflows in January, driven by hopes that the U.S. Federal Reserve would slow down the pace of its monetary tightening as inflation worries subsided.

LAGOS (Reuters) – Nigeria’s President Muhammadu Buhari said on Thursday that he had given approval to the central bank to extend the deadline to turn in old banknotes by 60 days until April 10.