Currencies

Mexico peso to navigate between firm economy and political doubts

Mexico's peso is set to navigate between a relatively firm economy on one side and some political doubts on the other, with a small depreciation expected in the medium-term, a Reuters poll of foreign...

S.Korean won, Indonesian rupiah lead gains among Asian currencies

The following table shows rates for Asian currencies against the U.S. dollar at 0203 GMT. Currency Latest bid Previous day Pct Move Japan yen 152.850 153.63 +0.51 ...

Greenback strength to persist on delayed Fed rate cut calls

A rallying U.S. dollar will stand resolute and may even trade more strongly than predicted in coming months if the policies of the Federal Reserve and other major central banks diverge, according to...

Currencies: Sellers are relentless on the CHF

With the Swiss National Bank's interest-rate cut, the Swiss currency is performing poorly. It even has the luxury of trailing the Japanese yen in terms of negative relative performance against the...

Fear of conflagration in the Middle East sends Dax plummeting

Fears of an escalation of the conflict between Israel and Iran have spooked investors on the European stock markets. At times, the Dax lost 1.2 percent to 17,626 points at the end of the...

Forlorn dollar sunset theses gather dust :Mike Dolan

One by one, scenarios of a dollar demise are getting batted away yet again. A source of currency market hand-wringing for decades, tales of the dollar's decline as the dominant world...

Dollar's dominant reserve currency status to endure, says Morgan Stanley

The U.S. dollar's dominant reserve currency status is likely to endure partly because credible challengers, including the Chinese yuan, are lacking, Morgan Stanley said in a report on Thursday. ...

MORGAN STANLEY SAYS ITS CURRENT PREFERENCE IS FOR THE DOLLAR, SE…

MORGAN STANLEY SAYS ITS CURRENT PREFERENCE IS FOR THE DOLLAR, SEES MORE STRENGTH SHORT TERM VS EURO, YUAN ...

MORGAN STANLEY EXPECTS ONLY A MODERATE AND GRADUAL DECLINE IN DO…

MORGAN STANLEY EXPECTS ONLY A MODERATE AND GRADUAL DECLINE IN DOLLAR'S INTERNATIONAL USE ...

Funds make biggest bet against yen since 2007: McGeever

Hedge funds have built up their biggest bet against the yen in 17 years, raising the prospect that when Japan's embattled currency does rebound from its 34-year low against the dollar, the...

Hope for de-escalation in the Middle East supports Dax

ADIDAS IN DEMAND AFTER UPGRADE

Why is the Japanese yen so weak?

Japan's yen is at three-decade lows and under enough pressure to prompt strong official warnings of intervention to prop it up. The yen has fallen despite Japan's first interest rate...

US dollar to stay strong as markets delay Fed rate-cut bets

The U.S. dollar will remain strong over the coming months as financial markets continue to push back on expectations for the timing and magnitude of Federal Reserve interest rate cuts, according to...

Currencies: Would you like some more carry?

The end of the quarter is always a good time to take stock of what went well and what needs to be improved. New opportunities are sure to emerge over the next few weeks, so let's take a look at what...

Long dollar bets explode, as funds join the dots: McGeever

Looked at through a currency market lens, the verdict from hedge funds on the recent wave of major central bank policy meetings could not be clearer - don't bet against the mighty dollar. ...

Currencies: The Swiss franc takes a beating

The Swiss National Bank's surprise decision to cut its key rates by 25 basis points did not go unnoticed. In the wake of this decision, which was made possible by the effectiveness of the Bank's...

Chinese yuan, Malaysian ringgit lead gains in Asian currencies

The following table shows rates for Asian currencies against the dollar at 0280 GMT. CURRENCIES VS U.S. DOLLAR Currency ...

S.Korean won, Malaysian ringgit weaken most among Asian currencies

The following table shows rates for Asian currencies against the U.S. dollar at 0201 GMT. Currency Latest bid Previous Pct day Move Japan yen ...

Interest rate euphoria drives Dax to record high - Douglas comeback fails

US Federal Reserve Chairman Jerome Powell has caused stock investors to breathe a sigh of relief with his commitment to falling interest rates.