Analysis: Currencies

China's exports to Russia grow in September at fastest pace in nine months

China's exports to Russia grew 15.7% in September from a year earlier, the fastest pace in nine months and up from a 10.1% gain a month prior, Chinese customs data showed on Monday, following fresh...

Currencies: No respite for the dollar

The US dollar continues to rally, helped by the resumption of US inflation and the prospect of a limited 25 basis point cut in interest rates at the next Monetary Policy Committee scheduled for early...

Lula slams US request for information on Brazil's fighter jet purchase

Brazilian President Luiz Inacio Lula da Silva said on Friday it made no sense for the U.S. Department of Justice to request information from Saab over Brazil's purchase of the Swedish firm's Gripen...

Sterling pinned near one month low after British GDP data

The pound was pinned around a one month low on the dollar on Friday, getting little support from data that showed Britain's economy returned to growth in August. Sterling was last flat...

EUR/USD Likely to Fall Into US Election: 3-Minute MLIV

Anna Edwards, Kriti Gupta, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on Bloomberg: The Opening Trade. ...

Turkey imposes anti-dumping duties on steel imports from China, Russia, India, Japan

Turkey has imposed anti-dumping duties on some steel imports from China, Russia, India and Japan, according to a decision published in the Official Gazette on Friday, with the highest tariffs on...

Russia to raise foreign company 'exit tax' to 35% from 15%, business daily reports

Russian authorities are set to raise the one-off contribution that foreign companies leaving the country must make to the state treasury to as high as 35% from 15%, the RBC business daily reported on...

Sterling hovers near one-month low ahead of US inflation print

The pound was flat on Thursday, hovering near its lowest level against the dollar in a month, as traders maintained a cautious stance and waited for potentially market-moving U.S. inflation data due...

Russian rouble hits one-year lows against major currencies

The Russian rouble weakened further on Thursday, remaining at its lowest against the U.S. dollar and China's yuan since October 2023. At 0740 GMT the rouble was down 0.4% at 97.40...

Ukrainian patriotism and profits spur boom in war bonds

Buy new bonds. It's like a donation, lawyer Olesia Mykhailenko wrote, urging her nearly 14,000 social media followers to buy Ukrainian war bonds and publishing a screenshot of her own bond portfolio...

BOJ may not be as dovish as Ueda's cautious rhetoric suggests

Japan's improving economic conditions and receding U.S. recession worries are likely to bring prospects of a December or January interest rate hike back into view, even as a new government complicates...

Britain bolsters sanctions regime on Russia with new trade unit

Britain on Thursday launched a trade sanctions unit with new powers to penalise companies that fail to comply with restrictions on exporting services to Russia. Britain has announce...

China's scorching rally takes a breather to wait on stimulus

Chinese shares fell on Wednesday and commodities nursed sharp losses as investors tempered enthusiasm for a Chinese economic recovery, while broader markets steadied on expectations that the U.S....

Sterling drifts near three-week low against dollar

The British pound drifted near more than three-week lows against the dollar on Tuesday as investors assessed geopolitical risks in the Middle East and the next steps in the Bank of England's easing...

Currencies: Dollar benefits from Middle East escalation

The spread of the Israeli-Palestinian conflict to Lebanon and Iran, combined with good US unemployment figures, has prompted Forex traders to reposition themselves in favor of the dollar. To the point...

Sterling drops versus euro and dollar, geopolitics in focus

Sterling dropped versus the euro and the dollar on Monday, with geopolitical risks and central banks' monetary policy path still in focus. The pound recorded its biggest daily fall last...

How a rates rethink after strong US jobs data could shake up markets

The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling interest rates, if stronger-than-expected growth spurs investors to radically...

Japan's top FX diplomat warns against speculative moves as yen falls

TOKYO -Japan's top currency diplomat, Atsushi Mimura, issued on Monday a warning against speculative moves on the foreign exchange market as the yen fell below 149 per dollar. We will...

Dollar on a roll after US jobs data and Middle East flare-up

Japan's yen fell to its lowest in nearly two months and other major currencies too were grappling with losses early on Monday as the dollar extended a rally sparked by Friday's strong U.S. jobs data...