Analysis: Currencies

Time for Europe to wake up amid US threats, ECB's Villeroy says

Europe must wake up in the face of threats of fresh tariffs by U.S. President Donald Trump over Greenland, European Central Bank policymaker Francois Villeroy de Galhau said on Wednesday. ...

Asian shares extend selloff, global bond rout stokes fresh anxiety

Asian stocks extended their losses for a third session on Wednesday, undone by heightened tensions over U.S. threats to acquire Greenland ahead of President Donald Trump's Davos speech, while a global...

Trump, sharing leaked texts and AI mock-ups, vows 'no going back' on Greenland

U.S. President Donald Trump said on Tuesday there was no going back on his goal to control Greenland, refusing to rule out taking the Arctic island by force and lashing out at NATO allies as European...

Russia ran a 2025 budget deficit of 2.6% of GDP, highest since 2020

Russia ran a budget deficit of 5.6 trillion roubles , or 2.6% of GDP, in 2025, the Finance Ministry said on Monday, the highest deficit since 2020 as a percentage of GDP and the highest since 2006 in...

Six candidates for ECB vice presidency

Euro zone finance ministers will nominate on Monday a successor to European Central Bank Vice President Luis de Guindos. Following are some details on each of the six candidates who...

IMF sees steady global growth in 2026 as AI boom offsets trade headwinds

The International Monetary Fund again edged its 2026 global growth forecast higher on Monday as businesses and economies adapt to U.S. tariffs that have eased in recent months and a continued AI...

Currencies: The dollar caught between two fires

The latest US data still paints a positive macroeconomic backdrop: solid growth supported by rising productivity, the return of disinflation and an accommodative monetary stance. The main risk is not...

Britain has 'moved away' from aligning with EU regulation, financial district's ambassador says

The prospect of Britain realigning its financial rules with the European Union has passed, and the country should avoid linking its regulations to any single jurisdiction, the ambassador for London's...

China and Russia in talks after halt to power supplies

China has stopped imports of electric power supplies from Russia, Kommersant newspaper reported on Friday, citing sources familiar with the situation and high prices, while Russia said it was ready to...

Some in BOJ see scope to raise rates sooner than markets expect, sources say

Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect with April a distinct possibility, as a sliding yen risks adding to already broadening inflationary...

ECB on a steady rate path for now but Fed tussle a risk, chief economist warns

The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a potential deviation by the Federal Reserve from its mandate, could...

Russia's oil and gas budget revenue falls 24% to lowest since 2020

Russia's federal budget revenues from oil and gas dropped by 24% in 2025 to the lowest level since 2020, according to Finance Ministry data, as oil prices fell while the rouble appreciated. ...

Sterling edges down versus dollar after UK data

Sterling slightly pared its fall against the dollar on Thursday after UK economic data showed the economy grew more strongly than expected in November, but failed to affect the policy rate outlook. ...

ECB has no room for complacency as attack on Fed raises risks, Kazaks says

The European Central Bank should be on alert as the U.S. administration's attack on the Federal Reserve raises new risks to the economic outlook, ECB policymaker Martins Kazaks said in an interview. ...

Sterling edges higher, key UK data flurry up ahead

The pound rose on Wednesday, gaining against the dollar, euro and yen, ahead of economic growth data later this week that might help shape expectations for Bank of England monetary policy in the...

Global central bankers defend Fed's Powell after Trump threat

STORY: Federal Reserve chair Jerome Powell received major support on Tuesday . The heads of many of the world's leading central banks issued a rare joint statement backing him. ...

Currencies : Employment fails to shift the narrative

Investors had been waiting eagerly, although the jobs report has ultimately done little to alter the current momentum.

Euro zone economy caps resilient 2025 with retail and industry boosts

Euro zone retail sales rose more than expected in November and German industry continued to expand, offering further evidence that the currency bloc ended a turbulent year with stable - if modest -...

Portugal proposes Mario Centeno for ECB vice-presidency

Portugal's finance ministry has submitted the country's former central bank chief Mario Centeno as a candidate to become the next vice-president of the European Central Bank, it said on Friday. ...