Analysis: Currencies

US job openings rise in October, layoffs decrease

U.S. job openings increased moderately in October while layoffs declined, suggesting the labor market continued to slow in an orderly fashion. Job openings, a measure of labor demand,...

Russia's interest rate, inflation seen higher after rouble's fall- Reuters poll

The Russian central bank is set to raise its benchmark interest rate by another 200 basis points to 23% at its Dec. 20 board meeting after the rouble's sharp fall in November, a Reuters poll showed on...

Sterling picks up versus dollar, flat against euro

Sterling gained against the dollar on Tuesday after dovish comments from Federal Reserve Governor Christopher Waller and was steady against the euro as political turmoil in France kept investors on...

Trump tariffs could weigh on European growth and inflation, ECB's Cipollone says

Import tariffs expected to be implemented by the administration of U.S. President-elect Donald Trump could lower economic growth and inflation in the 20 nations sharing the euro, European Central Bank...

Sterling rises versus euro towards its 2-1/2-year high

Sterling dropped versus the dollar and rose against the euro on Monday, with political troubles in France and the so-called Trump trade back in focus. The euro fell on Monday on growing...

Exclusive-Russia's VTB expects rouble to stabilise around 100/dollar, CEO says

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 sector, CEO of Russia's second largest lender...

Exclusive-Russia's VTB does not expect Western sanctions to be lifted soon

Western sanctions imposed on Russia over its military action in Ukraine will not be lifted anytime soon, the CEO of Russia's second largest lender VTB Andrei Kostin told Reuters in an interview. ...

Dollar faces crunch week for US rates, yen holds gains

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 recent rebound was underpinned by wagers on rising rates...

Russia lifts gasoline export ban for producers

Russia's government lifted a temporary ban on the bulk of gasoline exports supplied by producers, while extending the restrictions for other exporters, such as independent traders and re-sellers,...

Russia's Rosneft may delay refinery modernisation due to high interest rates, taxes

MOSCOW -Rosneft, Russia's largest oil producer, said on Friday it may delay modernizing its refineries due to high interest rates and taxes, as its nine-month profit fell 13.9% year on year to 926...

Russia's Gazprom swings to Q3 loss on one-off tax as 9-month income surges

MOSCOW -Gazprom, Russia's largest gas producer, incurred a loss of 53 billion roubles in the third quarter of 2024 due to an expected one-off rise of 20% in the profit tax rate expected in 2025, the...

Pound set for best week since September as dollar stumbles

The pound held steady on Friday, leaving it on track for its biggest weekly rise since mid-September after the dollar gave up some of its post-election gains. Sterling was last at $1.269...

Euro zone inflation edges up; 'underlying' price growth steady

Euro zone inflation accelerated in November and its most closely watched components remained high, data showed on Friday, adding to the case for a more cautious European Central Bank interest rate cut...

Asian shares slip, yen aims for best week in 4 months on BOJ hike bets

Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local inflation data had traders favouring an imminent rate hike from the Bank of Japan. ...

Inflation inches up in German states, pointing to national rise in November

Inflation rose in a number of German states in November, preliminary data showed on Thursday, suggesting that the national inflation rate would also increase as forecast. In Bavaria, the...

Russia's labour shortage spreads as defence sector poaches staff

Bus number seven was not running this morning, Olga Slatina wrote on social media from the Sverdlovsk region in Russia's Ural Mountains. The dispatcher said it wouldn't be there as there was no one to...

Ukraine's Zelenskiy says he will sign 2025 budget on Thursday

President Volodymyr Zelenskiy said on Wednesday that he would sign Ukraine's 2025 budget the following day, a document calling for the country's first wartime tax increases. Zelenskiy...

Sterling drops versus dollar, flat against euro, awaits data

Sterling rose against the dollar and was little changed versus the euro on Wednesday, with investors focused on the market reaction to U.S. President-elect Donald Trump's tariff promises. ...

Sterling holds steady as Trump triggers currency swings

The pound was little changed on Tuesday, relatively unscathed after a threat from U.S. President-elect Donald Trump to ramp up tariffs on Canada, Mexico and China sparked volatility in currency...