Finance

US dollar edges lower as traders await Fed rate cut decision

US dollar edges lower as traders await Fed rate cut decision

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar edged lower against major currencies on Wednesday, giving up some of its overni..

US stocks, dollar rise with eyes on Fed and strong data

US stocks, dollar rise with eyes on Fed and strong data

By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and the dollar firmed on Tuesday, as unexpectedly strong..

US dollar strengthens ahead of Fed rate cut move

US dollar strengthens ahead of Fed rate cut move

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar strengthened against most major currencies on Tuesday following better-than-exp..

FTSE 100 rises ahead of key central bank meetings

FTSE 100 rises ahead of key central bank meetings

  By Khushi Singh and Lisa Pauline Mattackal (Reuters) -London’s benchmark stock indexes ended higher on Monday, led by gai..

US dollar hits more than one-year low as market eyes aggressive Fed rate cut

US dollar hits more than one-year low as market eyes aggressive Fed rate cut

By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell to a more than one-year low versus the yen on Mond..

US stocks mixed, dollar weak on rate cut expectations

US stocks mixed, dollar weak on rate cut expectations

By Isla Binnie and Amanda Cooper NEW YORK/LONDON (Reuters) -Major stock indexes were mixed at the New York open on Monday and the doll..

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

(This Sept. 13 story has been refiled to remove Mellon in BNY company name in paragraph 8) By Gertrude Chavez-Dreyfuss and Chibuike ..

British ministers head to Gulf for talks on new trade deal

British ministers head to Gulf for talks on new trade deal

  (Reuters) – Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a p..

Gold bulls set sights on previously dismissed record $3,000/oz milestone

Gold bulls set sights on previously dismissed record $3,000/oz milestone

By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are locking in bullion prices surging to fresh record..

ECB dents traders’ hopes for October rate cut

ECB dents traders’ hopes for October rate cut

  By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on back-to-back rate cuts from the European Central Ba..

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

  By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the yen hitting its highest level this year a..

Swiss banks fret over sanctions risk to wealth business

Swiss banks fret over sanctions risk to wealth business

By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as a..

ECB cuts interest rates as growth dwindles

ECB cuts interest rates as growth dwindles

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflatio..

Bank of England eyes growth with lighter bank capital reforms for UK lenders

Bank of England eyes growth with lighter bank capital reforms for UK lenders

By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside ..

Portugal’s government sees growth at 2% in 2024 and 2025

Portugal’s government sees growth at 2% in 2024 and 2025

  By Sergio Goncalves LISBON (Reuters) – Portugal’s government expects the economy to grow at an annual rate of about..

France withdraws pesto sauce brand after likely cases of botulism

France withdraws pesto sauce brand after likely cases of botulism

  PARIS (Reuters) -The French farm ministry on Tuesday said it detected five likely cases of food-borne botulism, a potentially f..

Sterling edges up versus dollar and euro after UK data

Sterling edges up versus dollar and euro after UK data

By Stefano Rebaudo (Reuters) – Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the vi..

Dollar edges down before US inflation data, presidential debate

Dollar edges down before US inflation data, presidential debate

By Stefano Rebaudo (Reuters) -The dollar edged down on Tuesday before U.S. inflation data and the televised U.S. presidential debate..

US dollar regains footing as traders pare bets on big Fed rate cut

US dollar regains footing as traders pare bets on big Fed rate cut

By Gertrude Chavez-Dreyfuss and Sruthi Shankar NEW YORK/LONDON (Reuters) -The dollar bounced against the yen and other major currencie..

Discover Latin America’s Crypto Potential with Kimberly Rosales’ Initiatives to Empower Startups

Discover Latin America’s Crypto Potential with Kimberly Rosales’ Initiatives to Empower Startups

In recent years, Latin America has become a hotspot for cryptocurrency adoption, driven by different economic, social, and technologic..

Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts

Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts

  (Reuters) – If producer group OPEC+ doesn’t reduce production further, the average price of oil could drop to $60 p..

Germany plans to reduce Commerzbank stake as stability restored

Germany plans to reduce Commerzbank stake as stability restored

  (Reuters) – Germany intends to reduce its stake in Commerzbank AG as the lender is stable again years after its rescue in..

Dollar rises as traders eye data-heavy week; yen strengthens

Dollar rises as traders eye data-heavy week; yen strengthens

By Saqib Iqbal Ahmed and Amanda Cooper NEW YORK (Reuters) – The dollar rose to a two-week high against the euro on Tuesday as ..

Summery weather helps boost UK consumer spending, surveys show

Summery weather helps boost UK consumer spending, surveys show

  (Reuters) – British consumer spending increased modestly in annual terms during August, fuelled by spending on food and d..

French finance ministry warns deficit at risk on tax shortfall-media

French finance ministry warns deficit at risk on tax shortfall-media

  PARIS (Reuters) – France is at risk of running a substantially bigger budget deficit than planned this year if extra savi..

Oil extends losses on weak China data, prospect of higher OPEC+ supply

Oil extends losses on weak China data, prospect of higher OPEC+ supply

  By Florence Tan SINGAPORE (Reuters) -Oil prices extended losses on Monday on expectations for higher OPEC+ production starting ..

US dollar gains as inflation data backs smaller Fed cut

US dollar gains as inflation data backs smaller Fed cut

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Friday after data showed a key inflation measure came in lin..

World stocks end turbulent month higher as U.S. inflation data looms

World stocks end turbulent month higher as U.S. inflation data looms

By Naomi Rovnick LONDON (Reuters) – Global stocks rose on Friday and were set for a fourth straight month of gains despite a bou..

UK film investors aim to revive studio plan amid push for growth

UK film investors aim to revive studio plan amid push for growth

  LONDON (Reuters) – Backers of a planned new major British film studio said on Thursday they would seek to revive the proj..

Analysis-Sterling’s stunning rally keeps twitchy currency markets on edge

Analysis-Sterling’s stunning rally keeps twitchy currency markets on edge

By Naomi Rovnick LONDON (Reuters) – Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the ..

US dollar advances on month-end demand; focus on economic data

US dollar advances on month-end demand; focus on economic data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Wednesday due to month-end buying and technical factors afte..

Currencies trade in tight range as market awaits more U.S. rate cues

Currencies trade in tight range as market awaits more U.S. rate cues

  By Brigid Riley (Reuters) -The U.S. dollar held near its lowest level in more than a year against a basket of peers on Wednesda..

Oil rebounds as geopolitics, demand concerns whipsaw investors

Oil rebounds as geopolitics, demand concerns whipsaw investors

  (Reuters) – Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as in..

US dollar weakens, sterling hits more two-year high

US dollar weakens, sterling hits more two-year high

By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Sterling climbed to its highest against the U.S. dollar in more ..

Asia shares hesitate and dollar dips; oil gains

Asia shares hesitate and dollar dips; oil gains

  By Wayne Cole SYDNEY (Reuters) – Major share markets turned hesitant in Asia on Monday, while the dollar and bond yields ..

Dollar sinks vs yen, hovers near 2-1/2-year low to sterling on dovish Fed shift

Dollar sinks vs yen, hovers near 2-1/2-year low to sterling on dovish Fed shift

  By Kevin Buckland TOKYO (Reuters) -The dollar sank to a three-week trough against the yen on Monday as Federal Reserve Chair Je..

BHP’s return to Argentina marks new hope for untapped copper mines

BHP’s return to Argentina marks new hope for untapped copper mines

  By Daina Beth Solomon and Divya Rajagopal SANTIAGO/TORONTO (Reuters) – A new incentive regime for mining in Argentina is ..