Forex News

By Rae Wee SINGAPORE (Reuters) – The Australian dollar jumped to a more than five-month high on Wednesday after inflation data came in hotter than expected, while the kiwi slipped after New Zealand’s fourth-quarter inflation rose less than what its central bank had forecast.

By Ashitha Shivaprasad (Reuters) – Gold prices traded in a tight range on Wednesday as investors stayed away from taking big bets ahead of U.S. economic growth data this week, while expectations of slower interest rate hikes from the Federal Reserve kept bullion’s outlook bright.

By Fergal Smith TORONTO (Reuters) – The Bank of Canada is expected to raise interest rates to a 15-year high on Wednesday in the face of a tight job market and above-target inflation, but economists say the move could be the last in the current tightening

DUBLIN (Reuters) – Ireland’s central bank governor urged lawmakers on Wednesday to ban the advertising of crypto assets targetted at young adults, likening crypto not linked to any underlying assets to a Ponzi scheme.

By Naomi Rovnick LONDON (Reuters) – A blazing rally in European stocks and government bonds has gone too far, the chief investment officer of the region’s largest asset manager said on Wednesday, warning that markets are ignoring the possibility of euro zone rates going as high

JAKARTA (Reuters) – Indonesia plans to introduce a requirement for exporters to keep their foreign exchange earnings in the local banking industry for three months, a top government official was cited by media as saying on Wednesday.

BAGHDAD (Reuters) – Hundreds of people demonstrated near central bank headquarters in Baghdad on Wednesday to protest at the recent slide of the Iraqi dinar against the dollar that has triggered a rise in prices of imported consumer goods.

By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) – The Pakistani rupee fell by 1.2% on Wednesday after foreign exchange companies removed a cap on the currency, saying it was creating “artificial” distortions in the market as the South Asian country struggles to escape a

TOKYO (Reuters) – Japan cut its view on the overall economy for the first time in 11 months in January, as China’s COVID-19 infections and a slowdown in global demand for tech and semiconductors hurt exports, especially to Asia.

BEIRUT (Reuters) – Protesters burned tyres and held up handfuls of local currency bills on Wednesday at the entrance of the Lebanese central bank in Beirut, furious over the spiralling devaluation of the lira.

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

By Mike Dolan LONDON (Reuters) – Whatever new year fillip the euro zone economy got from ebbing natural gas prices, the UK saw none of it – showing just how peculiarly British the downturn there has become and heaping pressure on the Bank of England.

BANGKOK (Reuters) – Thailand’s central bank raised its key interest rate by 25 basis points for a fourth consecutive meeting on Wednesday, as it attempts to curb high inflation even as the return of Chinese tourists brightens the country’s economic growth prospects.

Both Input and Output UK Producer Prices softened by more than forecast in December. However, wage growth remains a headache for the BoE.

BANGKOK (Reuters) – The following is a statement from the Bank of Thailand after it unanimously raised its key interest rate by 25 basis points to 1.50% on Wednesday, as expected by economists in a Reuters poll.

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

(Reuters) – Two hacker groups associated with North Korea, the Lazarus Group and APT38, were responsible for the theft last June of $100 million from U.S. crypto firm Harmony’s Horizon bridge, the Federal Bureau of Investigation said on Monday.

By Alun John LONDON (Reuters) – The euro held at a nine-month top against the dollar and global equities bobbed at multi-month highs on Tuesday after reasonable European business activity data and a slew of corporate earnings kept risk appetite buoyant.

By Kevin Buckland TOKYO (Reuters) – The dollar was on the back foot on Tuesday, hovering near a nine-month low to the euro and giving back recent gains against the yen, as traders continued to gauge the risks of a U.S. recession and the path for

By Lisa Pauline Mattackal and Medha Singh