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British pound extends losing streak on first trading day

The British pound continued its historical trend of starting the year on a weak note, marking a seventh consecutive year of losses on the first trading day after New Year's Day. ...

UK factories report sharpest contraction in nearly a year, PMI shows

LONDON (Reuters) - British factory activity shrank at the fastest pace in 11 months in December and manufacturers cut staffing levels due to higher taxes and weak foreign demand,...

Dollar slips lower, but retains underlying strength in 2025

- The US dollar edged lower Thursday as traders eased into the new year, but the greenback remained near the two-year high seen earlier in the week and was likely to...

Asia FX marks tepid start to 2025, yuan slips on weak PMI data

-- Most Asian currencies moved in a flat-to-low range on Thursday as the prospect of slower U.S. interest rate cuts in 2025 kept traders averse to regional...

Mexican peso posts biggest annual drop versus US dollar in 16 years

MEXICO CITY (Reuters) - Mexico's peso weakened nearly 23% this year to close the final day of trading at 20.82 pesos per U.S. dollar on Tuesday, the currency's deepest drop...

Montenegro says it extradites Terraform Lab co-founder Do Kwon to US

PODGORICA (Reuters) -Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, where he faces charges of having deceived investors about the...

Dollar slips, but on track for hefty gains in 2024

- The US dollar edged lower Tuesday, but was still on course to record hefty gains in 2024 given the more cautious stance by the Federal Reserve regarding rate cuts...

Asia FX set for yearly losses as strong dollar weighs; China factory data in focus

-- Most Asian currencies edged lower on Tuesday and headed for yearly losses as the dollar remained strong heading into 2025, while the Chinese yuan weakened after...

Dollar edges lower as yields slips; hefty annual gain likely

- The US dollar slipped slightly Monday, as US bond yields retreated, but remained near recent highs as the end of the year draws near. At 04:5 ET (09:55 GMT), the...

Turkish lira sinks following Erdogan's interest rate remarks

-- The Turkish lira has been noted as the poorest performer among emerging-market currencies on Monday. This comes in response to President Recep Tayyip Erdogan's...

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