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Forex
Dec 02, 2024
Dollar now in overstretched territory after Trump-fueled rally
 -- The dollar is now in overstretched territory, following its latest Trump-fueled surge, UBS warned on Monday.  "We caution that the dollar's valuation appears...
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Dec 02, 2024
Euro slides on political turmoil in France
The euro experienced a significant decline against the US dollar on Monday, falling by 1% to a session low of 1.0462, marking a trajectory for its most substantial daily loss since...
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Dec 02, 2024
Asia FX under pressure from new US export curbs on China; yuan hits 1-yr low
-- Most Asian currencies extended declines on Tuesday with the Chinese yuan hitting a one-year low, as markets assessed the impact of new U.S. export restrictions...
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Dec 02, 2024
Euro drops 0.50% versus strengthening dollar, France in focus
(Reuters) - The euro dropped versus a strengthening dollar on Monday, with investors concerned about political developments in France. France's far-right National Rally (RN) party...
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Dec 02, 2024
South African rand weaker ahead of manufacturing PMI
JOHANNESBURG (Reuters) - South Africa's rand weakened early on Monday, ahead of a purchasing managers' index (PMI) survey for the domestic manufacturing sector. At 0620 GMT, the...
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Dec 02, 2024
Exclusive-Russia's VTB expects rouble to stabilise around 100/dollar, CEO says
MOSCOW (Reuters) - The Russian rouble will stabilise at around 100 to the U.S. dollar after the period of volatility in the aftermath of U.S. sanctions on Russia's financial...
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Dec 02, 2024
Asia FX rattled by Trump tariff threat as dollar surges; yuan at 4-mth low
-- The Chinese yuan hit a four-month low against a rallying dollar on Monday as Asian currencies fell sharply on U.S. President-elect Donald Trump's latest threat to...
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Dec 02, 2024
China's yuan slides to 4-month low on tariff threats and mixed PMI data
SHANGHAI (Reuters) - The yuan fell to a four-month low on Monday, as tariff threats and mixed purchasing managers' index (PMI) data raised concern China's economy might need...
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Dec 02, 2024
BRICS currencies weaken, dollar strong after Trump threatens tariffs
-- Currencies of countries under the BRICS bloc weakened on Monday, while the dollar firmed after U.S. President-elect Donald Trump threatened to impose steep tariffs...
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Dec 01, 2024
Dollar faces crunch week for US rates, yen holds gains
By Wayne Cole SYDNEY (Reuters) - The dollar started in a cautious mood on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while the yen's...
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