CANBERA (dpa-AFX) - The Japanese yen strengthened against other major currencies in the European session on Thursday.The yen rose to a 6-day high of 183.77 against the euro, a 2-week high of 160.92 against the U.S. dollar and a 3-day high of 199.57 against the Swiss franc, from early lows of 185.09…
The Japanese yen recovers to a two-week high against the dollar as markets pare U.S. interest rate rise pricing slightly and traders remain sensitive to the prospect of currency interventions by Japanese authorities. Federal Reserve Chair Kevin Warsh said on Wednesday that inflation risks have ease…
The recent fall in eurozone government bond yields and softer eurozone growth are contributing to a weaker euro in the near-term, MUFG Bank's Lee Hardman says. The eurozone's two-year yield has fallen 30 basis points after hitting a peak of 2.83% on June 18, he says. That is "a much bigger drop in…
A joint U.S.-Japan foreign-exchange intervention to buoy the yen doesn't seem likely at this juncture, says RBC BlueBay Asset Management's Russel Matthews in an interview. The relative stability of core government bond yields likely leaves the U.S. reluctant to get involved, the senior portfolio ma…
0927 GMT - A joint U.S.-Japan foreign-exchange intervention to buoy the yen doesn't seem likely at this juncture, says RBC BlueBay Asset Management's Russel Matthews in an interview. The relative stability of core government bond yields likely leaves the U.S. reluctant to get involved, the senior p…
By Alun John and Stella QiuThe dollar eased on Thursday ahead of U.S. jobs data that could either support or challenge market expectations of a Fed interest rate hike this year, while oil slid again and chipmaker stocks struggled after a stellar quarter.Money market pricing currently indicates expe…
The dollar-yen currency pair could potentially hit 170 or higher in the long term if Japan doesn't meaningfully change its monetary-policy stance, says RBC BlueBay Asset Management's Russel Matthews in an interview. Japan's economy, with reasonably strong growth and rising inflation, has fundamenta…
Most central European currencies were a touch weaker on Thursday as investors awaited data on U.S. non-farm payrolls later in the day for clues on the Federal Reserve's interest rates outlook.
LONDON, July 2 (Reuters) - The European Union sold 2.818 million spot EU carbon permits on EEX at 78.62 euros per tonne each on Thursday, the exchange said.Date Market area Auction type Auction Price Amount auctioned Cover ratio02-Jul-2026 EU EUA…
The dollar extends losses to reach a nine-day low against a basket of currencies as investors trim bets on the Federal Reserve raising interest rates and await key U.S. jobs data at 1230 GMT. Fed Chair Kevin Warsh reaffirmed his commitment to price stability but said inflationary risks had eased du…
By Harry Robertson and Satoshi SugiyamaThe Japanese yen rose sharply against the dollar on Thursday as traders braced for possible intervention from Japanese authorities, who signalled a new approach to bolstering the chronically weak currency.The yen rally helped knock the dollar down against its…
Russia's central bank said on Thursday that an increase in Russian imports, including gasoline, will not lead to a significant change in the rouble rate.Russia is seeking to import gasoline after Ukrainian drone strikes caused fuel shortages across the country.
The euro could extend its recent losses against the dollar in coming weeks before recovering later in the year, ING's Chris Turner says in a note. While lower energy prices are a welcome development for the euro, expected U.S. interest-rate rises will be the dominant theme this summer, he says. The…
Hong Kong Monetary Authority (HKMA) on Thursday called on all banks to promote the cross-border use of the yuan, rolling out a six-point strategy to drive global adoption.Here are some details.
The euro rebounded to $1.14 but remained near one-year lows against the dollar and pound, pressured by softer-than-expected Eurozone inflation and dovish remarks from ECB President Christine Lagarde.Wednesday’s data showed headline inflation falling to 2.8% in June from 3.2% in May, below expectati…
The pound climbed to $1.33, a two-week high against the dollar, as investors embraced riskier assets amid signs of progress in indirect US-Iran talks.Sterling also hit a one-year high against the euro, supported by broad euro weakness following softer-than-expected European inflation data.Qatar ann…
By Junko FujitaJapanese government bonds tumbled on Thursday on renewed fiscal concerns, while AI-related heavyweights dragged down the Nikkei share average after an overnight tech selloff on Wall Street.The yen rose sharply against the dollar, with traders alert to the prospect of intervention to…
According to Reuters, Japanese officials are abandoning their habit of telegraphing intervention risks, instead signaling a more targeted campaign to squeeze speculators and raise the cost of betting against the battered yen, according to two sources familiar with the matter.Departing from the cali…
Sterling's gains against the euro don't look sustainable given lingering political risks and a weak economic outlook, ING's Chris Turner says in a note. Andy Burnham is expected to succeed Prime Minister Keir Starmer on July 20. The focus will then turn to who Burnham appoints as Treasury chief and…
The yen jumped suddenly against the dollar on Thursday, with traders alert to the prospect of intervention from Japan to prop up its stubbornly weak currency.It was not immediately clear what drove the market move or whether Japanese authorities were in the market. It appeared smaller than that aft…
