Forex News

By Kevin Buckland TOKYO (Reuters) – The yen sank against major peers on Monday after U.S. payrolls data bolstered the case for further Federal Reserve rate hikes, highlighting a growing disparity with Japan where the central bank continues to pin the benchmark yield near zero.

By Anna-Catherine Brigida and Walter Bianchi

CAIRO (Reuters) – Egypt’s annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from the country’s statistics agency CAPMAS showed on Monday.

(Reuters) – The balancing act between slowing growth and sticky price pressures is top of the agenda ahead of U.S. inflation data and the World Bank and IMF Spring Meetings in Washington.

SAO PAULO (Reuters) – Brazil’s government expects monetary policy next year not to be as restrictive as in 2023, an economy ministry official said on Monday, stressing that a new fiscal framework proposed by the administration would help bring interest rates down.

(Reuters) – Japan’s new central bank governor Kazuo Ueda assumed office this week, succeeding Haruhiko Kuroda, and delivered his first press conference in the role on Monday, along with his two deputies, Shinichi Uchida and Ryozo Himino.

A look at the day ahead in U.S. and global markets from Tom Westbrook

ISTANBUL (Reuters) – Turkey is expected to record a current account deficit of $8.5 billion in February on back of high gold and energy imports, a Reuters poll showed on Wednesday, while the deficit was seen at $45 billion in 2023.

By Madhumita Gokhale BENGALURU (Reuters) – India’s consumer inflation likely eased in March to 5.80% thanks to softer food price rises, dipping below the Reserve Bank of India’s upper tolerance limit for the first time this year, a Reuters poll of economists found.

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

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. Treasury yields climbed and U.S. index futures closed modestly higher after employment data for March indicated the labor market remains tight, but was largely in line with market expectations.

NEW YORK (Reuters) – The dollar strengthened on Friday after data showed an increase in jobs in the world’s largest economy last month, suggesting the Federal Reserve may have to raise interest rates next month.

By Jan Lopatka PRAGUE (Reuters) – Central bankers across central Europe have doubled down on their hawkish policy messages in the past two weeks in a bid to persuade investors to ditch bets that they will soon begin an easing cycle, and their message is starting

ATHENS (Reuters) – Greece’s economy will grow by 2.2% in 2023, its central bank chief said on Friday, urging the country to stick to the path of reform and fiscal prudence as it enters a period of increased political uncertainty due to elections.

BEIJING (Reuters) – China’s foreign exchange reserves rose in March, official data showed on Friday, as the dollar fell against other major currencies.

By Tetsushi Kajimoto and Yoshifumi Takemoto

By Kevin Buckland TOKYO (Reuters) – Asian stocks and U.S. equity futures sank on Thursday while bonds and the safe-haven U.S. dollar and Japanese yen were bid as mounting evidence of a U.S. slowdown fuelled worries for a global recession.

By Rocky Swift TOKYO (Reuters) – The dollar gained slightly on Thursday but hasn’t strayed too far from a recent two-month low as traders weighed how pivotal U.S. jobs data coming out during a holiday weekend will impact Federal Reserve policy.

SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday the country’s central bank has sent “several signs” that measures being taken by government to balance public accounts, including a newly proposed fiscal framework, were “consistent”.

By Indradip Ghosh and Mumal Rathore BENGALURU(Reuters) – The Bank of Canada will keep its key interest rate steady at 4.50% through 2023, according to most economists polled by Reuters, with an even smaller minority now expecting an interest rate cut by year-end than a poll