Analysis: Currencies

Dollar moves higher against the yen as Trump announces tariffs

The dollar weakened against the euro and turned higher against the yen on Wednesday as U.S. President Donald Trump began a long awaited announcement of sweeping new tariffs that look certain to...

BOJ warns of possible hit to global trade from planned new US tariffs

Planned new U.S. tariffs could have a huge impact on world trade, Bank of Japan Governor Kazuo Ueda said on Wednesday, warning of a possible hit to global growth hours before President Donald Trump is...

EU proposes that states use central funding to bolster defence readiness

The European Commission proposed on Tuesday that European Union countries, especially those bordering Russia, be allowed to use the money they get from the EU budget to bolster their defence...

Sterling inches higher as Starmer says US trade talks 'well advanced'

Sterling edged up against the dollar on Tuesday as investors hoped a deal between Britain and the U.S. would prevent significant negative economic impact from the U.S. tariffs President Donald Trump...

Russian factory activity sees sharpest decline in nearly three years, PMI shows

Russia's manufacturing sector experienced its sharpest contraction in nearly three years in March, as output and new orders fell in the face of weak domestic and foreign demand, a business survey...

Russian rouble seen weakening back to around 100 to the US dollar in a year: Reuters Poll

The Russian rouble is seen weakening back to the level of around 100 to the U.S. dollar in one year from now, following a rally at the start of this year, a Reuters poll of 18 economists showed on...

Currencies: Follow the rates

To fully understand currency movements, it is sometimes useful to refer to the evolution of bond yields, as part of the carry trade. The correlation between the dollar and the U.S. 10-year bond is a...

Pound steadies against dollar as US trade tariffs loom

Sterling held steady against the dollar on Monday as Britain hopes to negotiate a deal with the U.S. to avoid President Donald Trump's broader round of reciprocal tariffs this week. ...

Sterling blips up after UK retail sales

The pound briefly rose on Friday after UK data showed retail sales were surprisingly strong in February, offering some optimism about the resilience of the consumer, while economic growth met...

Dollar hovers ahead of PCE and tariff onslaught

The dollar was headed for a steady week on Friday and a quarterly loss next week as concern about tariffs slowing U.S. growth has pushed down U.S. yields, stocks and the currency. The...

French, German, Korean, Turkish firms eye ammunition JV with Poland, minister says

Firms from Germany, South Korea, Turkey and France are bidding to create an ammunition manufacturing joint venture with Poland, to be signed off in 3-4 months, that could also lead to strategic...

Sterling gains as traders eye US tariffs

The British pound strengthened against the dollar and the euro on Thursday, as traders turned their attention to U.S. tariffs and the risk of an intensifying global trade dispute, a day after finance...

Russia's Rusagro loses a third of its value after Moshkovich detained

Rusagro, Russia's leading producer of sugar, meat, oil and fat products, has lost nearly a third of its market value on the Moscow stock exchange since news of the detention of its billionaire founder...

Euro at three-week low as Trump imposes auto tariffs

The euro weakened to a three-week low on Thursday and the yen was steady against the dollar after U.S. President Donald Trump slapped a 25% tariff on imported cars and light trucks starting next week...

Ukraine may sign economic deal next week, US Treasury chief tells Fox News

U.S. Treasury Secretary Scott Bessent said on Wednesday Ukraine may sign an economic deal next week and President Donald Trump will not hesitate to raise sanctions on Russia if the need arises. ...

Russian oil freight rates from Baltic ports to India ease as more Western shipowners return

Freight rates for Russian oil supplies from its Baltic ports to India are declining from recent record highs amid an increase in offers from Western shipowners after Urals crude oil prices fell below...

Swedish central bank sees rate cuts at end but uncertainty high - minutes

Sweden's central bank is set to hold the interest rate steady for the foreseeable future, but rate-setters are ready to act if inflation deviates too much from the target, minutes of the latest policy...

Pound weakens slightly after cooler-than-expected British inflation

Sterling weakened slightly on Wednesday after data showed British inflation slowed to an annual rate of 2.8% in February from 3.0% in January, also slightly below market expectations. ...

Japan lawmaker says yen undervalued, eyes steps to reverse outflows

Japan's economic fundamentals suggest the yen's real value is closer to 120-130 per dollar rather than the current 150 levels, senior lawmaker told Reuters, as the ruling party considers steps to help...