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 euro, in moves analysts warn are underpinned by…
Euro slips after inflation data, concerns over German politics
By Stefano Rebaudo (Reuters) -The euro fell versus the dollar after inflation data from Germany and Spain led investors to increase their bets on the European Central Bank interest rate…
Bolivian farmers pack up and flee as wildfires burn woodland
By Santiago Limachi and Lucinda Elliott CONCEPCION, Bolivia (Reuters) – In Bolivia’s lowland region of Santa Cruz, farmer Mario Guasasi packed up his belongings this week, putting mattresses, food, and…
Oil steady as Libyan supply woes counter modest US stock draw
By Arunima Kumar (Reuters) – Oil prices steadied on Thursday, after two losing sessions as supply concerns over Libya returned, while a smaller-than-expected draw in U.S. crude inventories sapped demand…
ING sees limited movement in dollar amid bearish consolidation
Financial experts from ING discussed the current state of the U.S. dollar, suggesting that it is undergoing a phase of bearish consolidation rather than a significant decline. This observation comes…
Russia’s attacks on Ukraine’s power sector pose risk to nuclear facilities, Kyiv says
KYIV (Reuters) – Russia’s Monday drone and missile attack forced Ukraine to disconnect several nuclear power units from the grid, posing a risk to the nuclear power sector, a Ukrainian…
Top South Korea court says climate law doesn’t protect basic rights
By Ju-min Park SEOUL (Reuters) – South Korea’s top court said on Thursday the climate change law did not protect basic human rights and lacks targets to shield future generations,…
Dollar edges higher ahead of key data; euro weakens on German inflation
Investing.com – The U.S. dollar edged higher Thursday, bouncing off recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the…
Euro slips after German inflation data
By Rae Wee SINGAPORE (Reuters) -The New Zealand dollar made solid gains on Thursday in the wake of an upbeat business outlook survey, while the U.S. dollar failed to sustain…
Oil steady as Libyan supply woes counter lower-than-expected US stock draw
By Arunima Kumar (Reuters) -Oil prices steadied on Thursday, after two sessions of losses, as supply concerns over Libya returned to focus, while a smaller-than-expected draw in U.S. crude inventories…
