Rising dollar pressures peers as further Fed rate cuts questioned
By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar rose on Monday, driving its peers to multi-year lows, after Friday’s blowout U.S. jobs report underscored the strength of…
Factbox-Trump’s likely first moves on US energy policy
(Reuters) – President-elect Donald Trump has promised to maximize U.S. oil and natural gas production – already at record highs – in part by clearing away what he deems as…
British pound slides amidst rising gilt yields and fiscal concerns
Investing.com — The British pound continued its recent decline against the dollar and the euro on Monday, driven by rising investor worries about the fiscal sustainability of Britain as gilt…
Sterling at 14-month low as gilt yields rise again
By Samuel Indyk LONDON (Reuters) – The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about Britain’s fiscal sustainability as…
Russian rouble slips as oil price and forex action limit sanctions impact
MOSCOW (Reuters) – The Russian rouble eased against the U.S. dollar and China’s yuan on Monday as rising oil prices and increased forex sales by the state cushioned the impact…
China boosts support for yuan, increases overseas borrowing limits
Investing.com — In a bid to bolster its weakening currency, China has unveiled plans to store more dollars in Hong Kong and improve capital flows. The measures, announced on Monday,…
Oil jumps on expected hit to China and India’s Russian supplies
By Florence Tan SINGAPORE (Reuters) -Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than four months,…
Rising dollar pressures peers as further Fed cuts questioned
By Rae Wee SINGAPORE (Reuters) -The dollar charged higher on Monday and drove its peers to multi-year lows after a blowout U.S. jobs report underscored the strength of the world’s…
Dollar retains strength ahead of CPI release; sterling weakens again
Investing.com – The US dollar rose Monday, remaining at elevated levels after the stronger-than-expected US payrolls data, while sterling continued to struggle for friends. At 04:35 ET (09:35 GMT), the…
China flags more policy measures to bolster yuan
SHANGHAI/HONG KONG (Reuters) -China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve…
