Sterling drifts near 3-month lows vs dollar
By Medha Singh (Reuters) – The pound hovered near three-month lows against a stronger dollar on Wednesday, after a sharp…
As pain from weak yen deepens, Japan’s ex-currency chief Kanda warns of action
By Tetsushi Kajimoto and Makiko Yamazaki TOKYO (Reuters) – Japan will act appropriately against excess movements on the foreign exchange…
Dollar slipped slightly ahead of key US Inflation release
Investing.com – The U.S. dollar slipped slightly Wednesday, falling from a six-month peak, ahead of the release of key US…
Long-term impact of Trump policy plans on the dollar uncertainty, BofA says
Investing.com – The dollar index and dollar index futures edged down slightly in European trade on Wednesday after slipping from a…
Inflation worries come back to haunt bond strategists after Trump victory: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – Donald Trump’s presidential election win has forced bond strategists to make a material change…
UK stocks slip ahead of U.S. inflation data; Smiths Group rallies
By Sruthi Shankar (Reuters) – The main UK stock indexes slipped on Wednesday as traders awaited key U.S. inflation data…
Fed should proceed ‘with caution’ on rate cuts, Logan says
(Reuters) – The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation,…
Why is the euro falling and could it hit $1?
LONDON (Reuters) – The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald…
TSX opens higher as US data reinforces Fed rate cut hopes
(Reuters) – Canada’s main stock index opened higher on Wednesday, helped by energy shares, after the U.S. inflation data reinforced…
D.E. Shaw takes $1 billion short bet on Bayer, regulatory filing shows
By Nell Mackenzie and Ludwig Burger LONDON/FRANKFURT (Reuters) -Hedge fund D.E. Shaw took a 1.02 billion euro ($1.08 billion) short…