Analysis: Currencies

Rising rates pressuring countries' credit ratings, S&P Global warns

A growing group of countries are likely to see their credit ratings come under pressure as rising global interest rates hit already-stretched finances, one of the world's biggest rating agencies S&P...

Currency overview: Euro and Yen regain ground on the Dollar

The euro and the yen are recovering against the dollar, the Swiss franc is at its highest against the euro, and there's a new rate increase in Canada... Here is an overview of the major news and...

Dollar resumes slide as stock markets tentatively pick up

The U.S. dollar resumed its slide on Monday as risk appetite across markets tentatively strengthened, supported by encouraging economic data and bets that the Federal Reserve will tighten policy at a...

Euro climbs as ECB eyes rate hikes, dollar slides

The dollar index fell on Monday while the euro rallied after the European Central Bank indicated a move from negative interest rates, and riskier currencies gained ground along with equities. ...

Dollar approaches 20-year highs, Fed meeting in focus

The dollar held just below a 20-year high against a basket of currencies on Monday before an expected Federal Reserve rate hike this week, with traders focused on the potential for the U.S. central...

Sterling falls as data shows Britain's economic growth stutters

Sterling fell on Monday against the euro and the dollar after data showed the UK economy slowed more sharply than expected in February. Monthly gross domestic product rose by 0.1% in February, down...

U.S. dollar rises to nearly two-year high on hawkish Fed comments

The U.S. dollar hit its highest in nearly two years on Tuesday, boosted by hawkish comments from Federal Reserve officials who pushed for a quick reduction in the central bank's bloated balance sheet,...

Dollar hits 6-year high vs yen as BOJ moves against rising bond yields

The dollar hit a six-year high versus the yen after the Bank of Japan moved to contain rising bond yields, while U.S. Treasury yields soared to new multi-year highs, highlighting a divergence between...

Analysis-Euro back in fashion as traders bet ECB hawks are here to stay

Investors are piling into derivatives linked to a rising euro, according to industry data and trading sources, as they bet the European Central Bank's hawkish tilt means the end to eight years of...

Bitcoin: the end of supercycles?

Bitcoin is already 13 years old. Thirteen years of volatility and emotional roller coaster for early investors and traders. Since then, Bitcoin has matured with the entire cryptocurrency market in its...

Exclusive-Foreign banks face bigger capital bill under draft EU plan

Foreign banks based in the European Union may have to hold more capital and liquidity under revisions to rules being considered by the bloc's member states, an EU document showed....

Crypto crime hit record $14 billion in 2021, research shows

Crime involving cryptocurrencies hit an all-time high of $14 billion last year, blockchain researcher Chainalysis said on Thursday, a record that comes as regulators call for more powers over the...

Dollar slips as risk sentiment improves, Aussie outperforms

The euro, Australian dollar and other currencies recovered against the U.S. dollar as traders turned more positive about the economic outlook on Wednesday, even as Omicron cases rocketed and investors...

Pound loses post BOE-glow on Omicron fears

The British pound fell to a three-day low on Monday, struggling to hold above $1.32 against the dollar as a risk-off mood swept through financial markets and as pressure grew on policymakers to slow...

Sterling edges down to near 2021 low versus dollar

The British pound inched down on Friday to within striking distance of its 2021 low against the dollar, as the UK's pandemic curbs and weak economic data dampened expectations that the Bank of England...

Cryptocurrencies tumble as coronavirus variant shakes markets

LONDON -Bitcoin tumbled over 9% on Friday, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the...

Dollar bounces back ahead of U.S. inflation test

The U.S. dollar bounced back against major peers on Wednesday after weakening over the past three days with investors ramping up bets ahead of U.S. inflation data which may heap pressure on...

Dollar hovers near one-month low as strong euro, stock rally weigh

The dollar hovered near its weakest level in a month against major peers on Friday, hurt by a stronger euro as traders bet on earlier European interest rate increases and as an equity rally sapped...

Bitcoin: It's the quiet ones you have to watch

As cryptocurrency fans know, Bitcoin's price can quickly move up or down based on the movements of large wallets held by a small community. Some experts estimate that about 1,000 wallets hold more...