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UK Health Minister resigns, calls for a leadership contest to oust PM StarmerWes Streeting has resigned as health minister. He is calling for a leadership contest to replace Keir Starmer. This follows disastrous loca...- US stocks hit records, oil steadies as Trump says Iran war 'close to over'U.S. stock benchmarks S&P 500 and Nasdaq hit record highs, fueled by easing U.S.-Iran tensions and strong earnings expectations. Oil prices...
- Dollar slides as Fed dents hawks, markets eye two more rate cutsThe US dollar weakened on Thursday following the Federal Reserve's policy meeting. Investors anticipated a more hawkish stance but received...
- Sterling's stunning rally keeps twitchy currency markets on edgeSterling has hit new highs against the dollar and euro, driven by speculative interest rate bets. Analysts warn these gains could be unstab...
- Dollar eases against euro as European political jitters subsideThe dollar was modestly weaker against the euro on Monday, as the common currency recovered from the more than one-month lows hit last week...
- Tokyo stocks rebound after US recordsTokyo markets opened higher on Friday after the Dow and S&P 500 closed at new record highs on Wall Street. Many stock markets around Asia, ...
- Dollar edges down vs euro as eventful week kicks offThe euro was up 0.12% to $1.0853, while the dollar index - which measures the currency against six major peers - was about flat at $103.83....
- Bruised dollar wobbles as traders eye US rate cuts next yearThe dollar nursed steep losses on Thursday and was headed for a yearly decline after two years of strong gains as expectations of interest ...
- Dollar extends gains after inflation data liftData on Wednesday had shown U.S. producer prices increased more than expected in September amid higher costs for energy products and food
- Dollar gains on flight to safety; pound, Swedish crown, kiwi struggleThe impasse in Washington over debt ceiling negotiations has helped lift the dollar, even though it could lead to a default and push the co...
- Sterling slips after BoE hints rates near peakThe pound strengthened right after the decision was announced, with some having expected the central bank to downshift to a 25 basis-point ...
- Sterling ticks up as UK inflation hits 41-year highIn response to the data, finance minister Jeremy Hunt, who is set to unveil a series of tax hikes and spending cuts on Thursday, said "toug...
- EMs hurt less as dollar’s wrath sinks rich nationsWe are seeing in developed markets the same forces that emerging markets have grappled with for the past few decades; inflation pressures a...
- 'Perfect storm' lifts dollar over unsettled marketsSome investors believe the dollar's strength is unlikely to last. Analysts at Neuberger Berman said in a recent note that the dollar has en...
- Sterling falls below $1.39, set for worst week since Sept 2020The pound dropped against a strengthening dollar on Thursday after the Fed surprised markets by signalling it would raise interest rates an...
- As Fed wakes sleeping dollar, jolted bears may bolster gainsBetting against the dollar has been a popular trade for months, as the Fed's insistence that it would maintain its ultra-dovish stance desp...
- Dollar slips, lacking direction before Fed meetingThe dollar index held steady overnight then rose as European markets opened, before slipping to 91.807 at 1237 GMT, down by less than 0.1%.
- Nikkei ends at over 30-year high on hopes for expanded US stimulusThe benchmark Nikkei share average rose 1.63 per cent to 27,292.37, its highest closing level since Aug. 16, 1990, while also posting its b...
- Dollar weakens on vaccine, US stimulus optimismRiskier currencies, including the Australian and New Zealand dollars as well as the Chinese yuan led gains against the dollar. Both the Aus...
- Japan shares fall as third wave of COVID-19 outbreak hurts sentimentThe Nikkei rose 0.6% for the week after hitting a 29-year high on Tuesday as progress in developing a coronavirus vaccine lifted equities.
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