Forex News

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

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares soared on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a “disinflationary” process was underway, boosting risk appetite as investors hope the climb in U.S. interest rates will come to an end soon.

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina will roll out a new 2,000-peso bill, the central bank said on Thursday, which would double the face value of the country’s top denomination bank note, but would still only be worth $11 officially and $5 in commonly

By Rae Wee SINGAPORE (Reuters) – The dollar tumbled on Thursday after the U.S. Federal Reserve said it had turned a corner in the fight against inflation, giving markets a confidence boost that the end of its rate-hike campaign is near.

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Central bank policy announcements, once viewed as the rule book for how markets should move, are not resonating with traders any more.

ISLAMABAD (Reuters) – Pakistan’s foreign exchange reserves held by the central bank decreased by 16.1% to $3.09 billion in the week ending Jan. 27, the State Bank of Pakistan (SBP) said on Thursday, which analysts said covers less than three weeks of imports.

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be.

By Robert Muller and Jan Lopatka PRAGUE (Reuters) – The Czech National Bank (CNB) left interest rates unchanged at a more than two-decade high on Thursday, saying rate stability for longer was the best course for an economy that has tipped into a mild recession amid

COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 35 basis points to 2.1% on Thursday, following a rate hike earlier in the day by the European Central Bank.

FRANKFURT (Reuters) – European Central Bank policymakers left Thursday’s meeting expecting at least two more rate hikes, although differences remained about their pace and final destination, two members of the ECB’s rate-setting Governing Council told Reuters.

By William Schomberg and David Milliken LONDON, Feb 2 (Reuters) – The Bank of England raised interest rates for the 10th time in a row on Thursday but dropped its pledge to keep increasing them “forcefully” if needed and said inflation had probably peaked.

By Marcela Ayres BRASILIA (Reuters) – Brazil’s currency firmed and interest rate futures jumped on Thursday as a more hawkish outlook from the central bank led economists to push back forecasts for rate cuts to next year.

LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns.

By Jorgelina do Rosario LONDON (Reuters) – The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of

LONDON (Reuters) – The Bank of England raised interest rates for the 10th time in a row on Thursday, but dropped a pledge to keep increasing them “forcefully” if needed and said inflation had probably peaked, sending the pound to session lows in volatile trade.

By Felix Onuah and Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s finance minister said on Thursday she disagreed with what she called a “surprise” downgrade of the country’s credit rating by Moody’s, insisting the government was already addressing the agency’s concerns.

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

By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole.

WASHINGTON (Reuters) – The United States on Wednesday imposed additional Russia-related sanctions on individuals and entities in multiple countries, according to the Treasury Department website.

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks jumped on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a “disinflationary” process was underway, boosting risk appetite and hope that the U.S. central bank will soon end its monetary tightening streak.