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STERLING SLIDES
Dollar climbs to two-month peak as Fed hike bets ramp upThe dollar surged to a two-month high following a robust U.S. jobs report, intensifying expectations for a Federal Reserve rate hike this y...
Surge in airfares may hit summer travel demand, industry warnsInternational airfares are soaring, impacting summer travel plans. Industry experts predict a significant drop in demand due to higher tick...
Global Market Today: Asian shares rally, oil retreats as Trump extends Iran ultimatumMarkets were taken on a rollercoaster ride at the start of the week after Trump added five days to his Saturday ultimatum for Iran to reope...
Dollar toppled as oil shock turns central banks hawkishSoaring energy prices stemming from the U.S.-Israeli war on Iran have shifted global interest rate expectations, leaving the Federal Reserv...
Safe-haven yen and dollar shine amid selloff in stocks; NZ dollar slidesGlobal markets are experiencing a risk-off sentiment. The Japanese yen and U.S. dollar are in demand. Asian stock markets saw significant d...
Dollar slumps to 8-week low vs yen as trade war risk recedesThe U.S. dollar fell to an eight-week low against the yen and hovered near a one-month low versus sterling as trade war fears eased. The ma...
Dollar ascendant as surging US yields spur demand for safe havensThe dollar surged to a two-week high against major peers on Thursday due to a rout in Treasuries, boosting its appeal with higher U.S. yiel...
Dollar ascendant as Fed cut bets pared, jawboning props up yenThe dollar held close to a six-week peak versus the euro and sterling reached on Monday, after U.S. data unexpectedly showed the first expa...
Yen gains as bets firm for imminent rate hike; sterling slidesThe dollar index, which measures the currency against the yen and five other major rivals, stuck close to a nearly two-month low reached Fr...
Yen sinks as currency traders keep short and carry onThe yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth weekly drop on the dollar as investo...
Dollar little changed on MLK Day, sterling slides in risk-off tradingGLOBAL-Dollar little changed on MLK Day, sterling slides in risk-off trading
Safe-haven dollar slides as bank fears ease; yen surgesThe yen, traditionally also a safe haven, however, rebounded strongly for overnight losses, with analysts pointing to likely repatriation o...
London FTSE 100 index breaks through 8,000 pointsThe benchmark index rallied to an all-time pinnacle at 8,003.65 points, helped by the weak pound which boosts the share prices of multinati...
Pound falls to weakest level since 1985 against the US dollarSterling fell as much as 1% to $1.1406, a level last seen in 1985, when Margaret Thatcher was prime minister. Much like then, the economic ...
Sterling, euro slide as dollar marches higherThe euro slid 0.37% to just hold above parity against the dollar at $1.10016, while the pound hit a fresh two-and-a-half year low of $1.155...
Dollar takes a break from this week's slide ahead of BoE, ECB meetingsThe dollar found a footing in Asia on Thursday, pausing the week's slide as a slump in tech and social media stocks soured appetite for ris...
Pound hovers near 2-month lows after new COVID-19 restrictionsThe pound was last down 0.5% at $1.271, the lowest since late July, giving up earlier gains of as much as 0.13% against the dollar.
- Rupee rebounds after hitting historic low
In seven straight sessions, the rupee has lost a total 217 paise or 4.34%. RBI's role in forex markets could not be ascertained.
- TCS sees revenue impact from weak euro, pound
Crisis in eurozone & sliding euro are worries for outsourcing sector that counts Europe as second-biggest market. Gainers & losers | High-d...
- Rupee ends 2-week slide with 13p gain
The rupee bounced back from its near two-week lows on Wednesday afternoon, as the dollar’s slide against major currencies supported the loc...