Analysis: Currencies

Sterling edges up; UK data shows softer jobs market

The pound edged up on Tuesday, clawing back some gains from the euro in particular, as the volatility that has dominated markets for the past couple of weeks appeared to ebb. On the...

Rupee likely to inch up, dollar drifts amid US tariffs crosswinds

The Indian rupee is poised to open marginally higher on Tuesday as the U.S. dollar faces headwinds from renewed trade policy ambiguity and with risk sentiment on the mend. The 1-month...

US tariff fluctuations to drive rupee; bond yields may ease on central bank debt buy

Global volatility sparked by fluctuating U.S. tariff policies will remain in focus for the Indian rupee this week, even as a battered dollar offers some comfort, while government bond yields may ease...

Argentina peso tumbles as Wall St cheers FX controls easing, IMF deal

BUENOS AIRES -Argentina's peso slid 10% on Monday to near 1,200 per dollar after the country undid large parts of its currency and capital controls at the end of last week, part of sealing a $20...

Argentina farmers focus on harvest over sales despite currency boost

Argentina's grain industry welcomed an exchange-rate overhaul on Monday, though the new measures will likely not translate into immediate sales as the harvest remains behind schedule, experts said. ...

Bank of Canada is more likely to halt interest rate cuts after tariff pause

The Bank of Canada is likely to pause its rate-cutting cycle this week as rising inflation, weakened employment and U.S. President Donald Trump's retreat from sweeping reciprocal tariffs have reduced...

Currencies: A turnaround

A few weeks ago, we invited you to take a look at the US 10-year curve to anticipate changes in the dollar. But there you have it! That was before Liberation Day and the subsequent reversals that...

Reuters poll: Rising Canada recession risk to trigger at least two more rate cuts this year 

Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least twice more this year, although a majority of economists said policymakers will...

Argentina seals $20 billion IMF deal, tears down currency controls

BUENOS AIRES -Argentina sealed a $20 billion, 48-month Extended Fund Facility deal with the International Monetary Fund on Friday and, in a major policy move ahead of the deal, dismantled key parts...

From near $1 to tariff war winner, euro confounds its naysayers

The euro has emerged as a surprise winner of the recent tariff-induced market turmoil, confounding the earlier consensus by surging to a three-year high against the dollar as Europe proves a...

Jump in US inflation expectations, market jitters heighten Fed's dilemma

WASHINGTON -Soaring consumer inflation expectations, driven to a level not seen since the early 1980s, coupled with jittery markets and rising U.S. Treasury yields on Friday amplified the Federal...

Tariffs angst sinks US consumer sentiment, boosts inflation expectations

U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions that have roiled financial...

Traders lighten bets on Fed rate cuts, still eye June start

Traders on Friday continued to pull back from bets on aggressive Federal Reserve interest-rate cuts this year, as the closely-followed University of Michigan surveys of consumer sentiment showed...

BP warns of weak gas trading and climbing debt

Energy group BP expects first-quarter gas marketing and trading earnings to be weak while net debt will rise, the company said on Thursday, sending its shares lower. The update offers...

Sterling falls against euro, rises versus dollar as traders focus on trade war

The pound fell versus the euro and rose versus the dollar on Friday, reflecting a sell-off in U.S. assets as traders flee to safe-haven currencies amid an escalating global trade war, while...

Ten trading days that shook financial markets

The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of San Francisco, California, but in his appendix. It would have to...

Market distress could see trillions of dollar holdings seek currency protection

SINGAPORE -As Donald Trump's grand plan to redefine global trade whipsaws the U.S. dollar, investors who hold tens of trillions' worth assets in the currency may for the first time in decades be...

Is the Dollar's Reign on the Line?

The U.S. dollar took a nosedive on Friday, hitting a decade-low against the Swiss franc. Investors, spooked by growing concerns over the U.S. economy, sought refuge in safer assets like the Swiss...

Japan inflation probably accelerated in March on rice price rise - Reuters poll

Japan's core inflation probably accelerated in March from the previous month as rice prices rose, a Reuters poll showed, a sign of persistent cost pressure that is likely to encourage the central bank...