Analysis: Currencies

UK's Reeves says deeper ties with EU is the 'biggest prize'

British finance minister Rachel Reeves said on Wednesday that she would push for closer integration with the EU to reduce the trade barriers put up by Brexit, adding that European countries should...

Yen perky as Japan fiscal fears dissipate, dollar shaky ahead of payrolls

The yen held on to solid gains on Wednesday, bolstered by a rally in Japan's stock market and bets that Prime Minister Sanae Takaichi's landslide election victory puts her in a strong position to...

EU Parliament backs digital euro, aligns with Council on online- and offline-ready currency

The European Parliament gave its first major backing to the digital euro on Tuesday, endorsing the European Council's negotiating stance for a central bank digital currency with both online and...

Telegram app faces further restrictions, possible fines as Russian authorities clamp down

Telegram, an important platform for public and private communications in Russia, will face further restrictions from authorities because it has failed to correct previous violations, the state...

Stock indexes gain with US technology shares; yen strengthens

Stock indexes rose on Monday, with U.S. technology shares leading Wall Street higher, as investors sought bargains in markets beaten down last week, while the yen strengthened following the resounding...

French central bank governor's departure unlikely to shift ECB policy course

The surprise resignation of Francois Villeroy de Galhau as French central bank governor is unlikely to change the European Central Bank's steady policy course at a time of rare unity among the euro...

Currencies: A sigh of relief

After the sharp swings seen over the past two weeks across several asset classes, investors appear to have regained their composure. As a result, the dollar is once again seeing some profit-taking and...

ECB's Simkus sees equal chance of rate hike or cut

The European Central Bank is equally likely to raise or cut interest rates but it is hard to know when any such move will take place given the prevailing uncertainty about trade and geopolitics, ECB...

ECB's safety net is part of EU plan to court new allies

The ECB's plan to make it easier for foreign central banks to secure funding in euros is the latest part of Europe's emerging strategy to win trade and political friends and hold its own against the...

ECB's Makhlouf flags persistent inflation undershoot, slowing growth as risks to outlook

European Central Bank policymaker Gabriel Makhlouf identified a loss of momentum in euro zone economic growth or the possibility that inflation continues to undershoot the ECB's 2% target in a more...

Sterling recovers some BoE-led losses, politics loom large

The pound rose on Friday, recovering some of the previous day's steep slide that followed a surprisingly tight vote from the Bank of England to leave rates unchanged and its signal that it could cut...

ECB policymakers fret over risk of too-low inflation

European Central Bank policy is right for the current inflation outlook but risks remain that price growth might weaken excessively and the ECB must be ready to act if these materialise, ECB...

ECB's Escriva sees interest rates stable

ECB policymaker Jose Luis Escriva told Spanish radio station Cadena SER he expected interest rates to remain steady in the foreseeable future as inflation expectations were anchored around the...

Dollar set for strongest week since November, yen steadies before polls

The U.S. dollar steadied near a two-week high on Friday, poised for its strongest weekly performance since November as a rout in stocks driven by AI-spending concerns rattled investors, while the yen...

ECB to widen access to euro loans in bid to boost global role, sources say

The European Central Bank is working on opening up access to euro liquidity to more countries, making it cheaper and easier to obtain as part of efforts to bolster the international role of the single...

Traders bet the ECB will stick with steady rates, keeping one eye on the euro

Euro zone markets remained confident on Thursday in the view that the European Central Bank would likely hold interest rates steady for the rest of the year, with euro strength likely remaining in the...

BoE's Bailey welcomes Warsh as Trump's choice to lead U.S. Fed

Bank of England governor Andrew Bailey on Thursday welcomed U.S. President Donald Trump's choice of former Federal Reserve Governor Kevin Warsh to head the U.S. central bank when Jerome Powell's...

ECB leaves rates unchanged, shrugs off inflation dip

The European Central Bank left interest rates unchanged as expected on Thursday, shrugging off a dip in inflation while continuing to warn about an uncertain geopolitical environment. ...

Statement from the ECB following policy meeting

Following is the statement from the European Central Bank following its policy meeting. The Governing Council today decided to keep the three key ECB interest rates unchanged. ...