Sterling nears April high vs euro ahead of BoE meeting

Sterling nears April high vs euro ahead of BoE meeting

Sterling edged up on Thursday and traded near its highest level against the euro since April ahead of a Bank of England policy meeting, with the central bank expected to hike interest rates by the...
August 04, 2022 at 02:20 pm IST
Pound struggles around $1.20 on economy worries

Pound struggles around $1.20 on economy worries

Sterling held around the $1.20 level versus the U.S. dollar on Monday as traders worried about the outlook of the British currency after recent dismal data before a widely expected U.S. interest...
July 25, 2022 at 02:13 pm IST
Explainer-Why the euro's fall below parity versus dollar matters

Explainer-Why the euro's fall below parity versus dollar matters

Europe's single currency has dropped below parity against the dollar for the first time in almost 20 years, battered by growing recession fears in the euro area....
Our Logo July 13, 2022 at 06:45 pm IST
Steady dollar casts shadow on EM currencies as growth fears persist

Steady dollar casts shadow on EM currencies as growth fears persist

A firm dollar put pressure on emerging market currencies and stocks at the start of a new quarter on Friday as disappointing economic data from across the world cemented fears of a global...
July 01, 2022 at 03:53 pm IST
Rising rates pressuring countries' credit ratings, S&P Global warns

Rising rates pressuring countries' credit ratings, S&P Global warns

A growing group of countries are likely to see their credit ratings come under pressure as rising global interest rates hit already-stretched finances, one of the world's biggest rating agencies...
June 22, 2022 at 06:47 pm IST
Dollar resumes slide as stock markets tentatively pick up

Dollar resumes slide as stock markets tentatively pick up

The U.S. dollar resumed its slide on Monday as risk appetite across markets tentatively strengthened, supported by encouraging economic data and bets that the Federal Reserve will tighten policy...
May 30, 2022 at 06:58 pm IST
Analysis-As U.S. economy's exceptionalism fades, so does the dollar

Analysis-As U.S. economy's exceptionalism fades, so does the dollar

The dollar's rally to two-decade highs appears to have stalled, with doubts growing on whether the U.S. economy will prove as resilient and monetary policy as aggressive as previously expected....
May 25, 2022 at 06:53 pm IST
Euro climbs as ECB eyes rate hikes, dollar slides

Euro climbs as ECB eyes rate hikes, dollar slides

The dollar index fell on Monday while the euro rallied after the European Central Bank indicated a move from negative interest rates, and riskier currencies gained ground along with equities. ...
May 24, 2022 at 01:04 am IST
Dollar approaches 20-year highs, Fed meeting in focus

Dollar approaches 20-year highs, Fed meeting in focus

The dollar held just below a 20-year high against a basket of currencies on Monday before an expected Federal Reserve rate hike this week, with traders focused on the potential for the U.S....
May 02, 2022 at 07:40 pm IST
Sterling falls as data shows Britain's economic growth stutters

Sterling falls as data shows Britain's economic growth stutters

Sterling fell on Monday against the euro and the dollar after data showed the UK economy slowed more sharply than expected in February. Monthly gross domestic product rose by 0.1% in February, down...
April 11, 2022 at 08:14 pm IST
U.S. dollar rises to nearly two-year high on hawkish Fed comments

U.S. dollar rises to nearly two-year high on hawkish Fed comments

The U.S. dollar hit its highest in nearly two years on Tuesday, boosted by hawkish comments from Federal Reserve officials who pushed for a quick reduction in the central bank's bloated balance...
April 06, 2022 at 01:28 am IST
Dollar hits 6-year high vs yen as BOJ moves against rising bond yields

Dollar hits 6-year high vs yen as BOJ moves against rising bond yields

The dollar hit a six-year high versus the yen after the Bank of Japan moved to contain rising bond yields, while U.S. Treasury yields soared to new multi-year highs, highlighting a divergence between...
March 29, 2022 at 01:15 am IST
Euro set for biggest weekly drop in 7 years as war in Ukraine intensifies

Euro set for biggest weekly drop in 7 years as war in Ukraine intensifies

The euro extended its falls across the board on Friday and was poised for its biggest weekly drop in seven years against the Swiss franc as investors dumped the single currency as the war in...
March 04, 2022 at 05:46 pm IST
Analysis-Euro back in fashion as traders bet ECB hawks are here to stay

Analysis-Euro back in fashion as traders bet ECB hawks are here to stay

Investors are piling into derivatives linked to a rising euro, according to industry data and trading sources, as they bet the European Central Bank's hawkish tilt means the end to eight years of...
February 11, 2022 at 05:53 pm IST
Bitcoin:  the end of supercycles?

Bitcoin: the end of supercycles?

Bitcoin is already 13 years old. Thirteen years of volatility and emotional roller coaster for early investors and traders. Since then, Bitcoin has matured with the entire cryptocurrency market in its...
Our Logo February 02, 2022 at 09:53 pm IST
Exclusive-Foreign banks face bigger capital bill under draft EU plan

Exclusive-Foreign banks face bigger capital bill under draft EU plan

Foreign banks based in the European Union may have to hold more capital and liquidity under revisions to rules being considered by the bloc's member states, an EU document showed....
January 28, 2022 at 09:26 pm IST
Crypto crime hit record $14 billion in 2021, research shows

Crypto crime hit record $14 billion in 2021, research shows

Crime involving cryptocurrencies hit an all-time high of $14 billion last year, blockchain researcher Chainalysis said on Thursday, a record that comes as regulators call for more powers over the...
January 06, 2022 at 02:44 pm IST
Pound loses post BOE-glow on Omicron fears

Pound loses post BOE-glow on Omicron fears

The British pound fell to a three-day low on Monday, struggling to hold above $1.32 against the dollar as a risk-off mood swept through financial markets and as pressure grew on policymakers to slow...
December 20, 2021 at 08:47 pm IST
Sterling edges down to near 2021 low versus dollar

Sterling edges down to near 2021 low versus dollar

The British pound inched down on Friday to within striking distance of its 2021 low against the dollar, as the UK's pandemic curbs and weak economic data dampened expectations that the Bank of...
December 10, 2021 at 02:37 pm IST
Cryptocurrencies tumble as coronavirus variant shakes markets

Cryptocurrencies tumble as coronavirus variant shakes markets

LONDON -Bitcoin tumbled over 9% on Friday, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the...
November 26, 2021 at 06:18 pm IST