By Samuel Indyk and Jiaxing LiThe U.S. dollar was heading towards its biggest weekly loss in 12 weeks on Friday after Thursday's tepid U.S. jobs report cooled market expectations for a near-term Federal Reserve interest rate hike, providing relief for the Japanese yen.Broad dollar weakness lifted t…
By Samuel Indyk and Jiaxing LiThe U.S. dollar was heading towards its biggest weekly loss in 12 weeks on Friday after a tepid U.S. jobs report cooled market expectations for a near-term Federal Reserve interest rate hike, providing some relief for the embattled Japanese yen.Broad dollar weakness li…
By Samuel IndykThe British pound was headed for its biggest weekly jump in 12 weeks against the U.S. dollar on Friday, helped by easing domestic political risk and soft U.S. labour market data.Sterling FX:GBPUSD was up 0.1% at $1.3357, taking its weekly gain to 1.2%, its biggest weekly jump against…
By Samuel Indyk and Jiaxing LiThe U.S. dollar fell towards its biggest weekly loss in 12 weeks on Friday after a tepid U.S. jobs report cooled market expectations for a near-term Federal Reserve interest rate hike, providing some relief for the embattled Japanese yen.Broad dollar weakness lifted th…
By Jiaxing LiThe U.S. dollar slid toward its biggest weekly loss since April on Friday after a tepid jobs report cooled market expectations for a near-term Federal Reserve rate hike, providing some relief for the embattled Japanese yen.Broad dollar weakness lifted the euro FX:EURUSD to hover near a…
By Jiaxing LiThe U.S. dollar was on track for the biggest weekly drop in nearly three months on Friday, after a tepid June jobs report pushed back markets expectations for Fed rate hikes, providing some relief for the embattled yen.Softness in the greenback continued in early Asian trade, with the…
By Nell MackenzieHedge funds trading stocks finished June with double-digit returns for the year so far, helped by their ability to successfully navigate already crowded trades, according to a Goldman Sachs NYSE:GS client note seen by Reuters on Thursday.Stockpickers returned 4% last month, said th…
MORE BOE'S MANN: IF FORWARD OUTTURNS ARE UNFAVOURABLE TO INFLATION, AN ACTIVIST MOVE CAN BRING INFLATION EXPECTATIONS AND OUTCOMES TO TARGET
MORE BOE'S MANN: AN ACTIVIST HOLD WAS THE APPROPRIATE DECISION IN JUNE
MORE BOE'S MANN: ENERGY PRICE DEVELOPMENTS, PROFIT MARGIN BEHAVIOUR, 2027 WAGE NEGOTIATIONS STILL UNFOLDING, WILL BE IMPORTANT FOR MY FUTURE DECISIONS
MORE BOE'S MANN: TIGHTENING BANK RATE COULD HAVE MADE SENSE IN JUNE BUT MARKET RATES HAD TIGHTENED CONSIDERABLY IN NOMINAL TERMS
MORE BOE'S MANN: MY VIEW HAS SHIFTED AWAY FROM CONSIDERING A RATE REDUCTION TO A LONGER HOLD AND POTENTIALLY A NEED TO LEAN AGAINST INFLATION RISK
BANK OF ENGLAND EXTERNAL MPC CATHERINE MANN REMARKS AT NATIXIS CONFERENCE: I HAVE PLACED MORE WEIGHT ON INFLATION PERSISTENCE SINCE THE IRAN WAR
By Alun John and Stella QiuStocks and government bond prices rose on Thursday and the dollar dropped after data showed U.S. job growth slowed more than expected in June and numbers for the prior month were revised lower.Nonfarm payrolls increased by 57,000 jobs last month, after a downwardly revise…
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 prices slid again and chipmaker stocks struggled after a stellar quarter.Money market pricing currently indicat…
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…
The pound rose to a one-year high against the euro on Thursday and jumped against the dollar as swings in the Japanese yen caused currency markets to gyrate.The euro slipped to 85.47 pence FX:EURGBP, its lowest since June last year, and was last down 0.2% against the pound.Meanwhile, sterling ralli…
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…
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…
By Satoshi SugiyamaThe dollar held tight ranges on Thursday as markets awaited key U.S. jobs data for clues on the rates outlook, while the yen's slide to 40-year lows against the greenback and thin trade ahead of a U.S. holiday kept traders on high alert for intervention.The dollar index TVC:DXY…
