Analysis: Currencies

Euro zone growth slows in December but completes strongest quarter since 2023, PMI shows

The euro zone economy expanded at a slower pace last month but ended 2025 with its strongest quarterly growth in more than two years as solid momentum in services offset a manufacturing contraction, a...

Dollar pressured as Venezuela fear gives way to optimism

The U.S. dollar ticked lower for a second day against major peers on Tuesday, as market jitters from U.S. military action in Venezuela eased and stocks rallied around the world, helped by dovish...

Dollar retreats with markets focused on US data, shrugging off Venezuela

The dollar retreated from a near four-week high against major currencies on Monday as traders turned their focus to a raft of key U.S. economic data this week for clues on the monetary policy...

Dollar gains as traders look past Venezuela to flurry of US data

The dollar started the first full trading week of 2026 by climbing to multi-week highs against a range of currencies after a weak December, with the main focus on this week's raft of key economic...

Dollar firms as traders look past Venezuela to flurry of US data

The dollar started the first full trading week of the New Year on the front foot, rising to a 3-1/2-week peak versus the euro and a two-week high against the yen. Currency traders...

Dollar firmer as Venezuela raid hangs over sentiment

The dollar started the first full trading week of the new year on the front foot, rising to a 3-1/2-week high versus the euro and gaining against sterling. Currency moves have so far...

Germany's CSU says it will push ahead with European stock exchange plan

Germany's conservative Christian Social Union , sister party to Friedrich Merz's CDU, on Saturday said it will help push ahead with the Chancellor's call for a single European stock exchange to...

Dollar rises to start 2026 after biggest annual drop in eight years

The U.S. dollar began 2026 stronger on Friday, snapping last year's slump against most currencies as investors look ahead to a critical week of economic data that could steer Federal Reserve policy...

Dollar starts 2026 tentatively higher after biggest annual drop in eight years

The U.S. dollar made a slightly positive start to 2026 on Friday after struggling against most currencies last year, while the yen inched back towards a 10-month low as traders awaited U.S. economic...

Dollar makes a soft start to 2026 after sharpest drop in 8 years

The U.S. dollar made a feeble start to 2026 on Friday after struggling against most currencies last year, while the yen steadied near 10-month lows as traders awaited economic data this month to gauge...

Bulgaria celebrates entry into euro zone, lev currency banished into history

EU member Bulgaria marked its entry into the euro zone on Thursday with a display of euro coins on the facade of the central bank in Sofia and fireworks to celebrate a long-awaited milestone. ...

Dollar climbs after claims data but still well down in 2025

The U.S. dollar advanced on Wednesday, erasing earlier declines after a stronger than expected labor market reading, but it was still set for its biggest annual drop since 2017 after a year of...

US removes former Sberbank executive Alexandra Buriko from sanctions list

The United States has removed Alexandra Buriko, the former chief financial officer of Russia's state-owned Sberbank, from its list of sanctioned individuals, according to a post on the Treasury...

Sterling hits strongest in two months on euro in holiday-thinned trade

The pound touched its strongest level in two months on the euro and held steady against the dollar in Tuesday's holiday thinned trading, though there was little in terms of news to jolt the currency...

Russian Railways plans to cut spending by 20% in 2026

The board of directors of state-owned Russian Railways has approved spending for 2026 at 713.6 billion roubles , down from 890.9 billion roubles this year, the company said on Monday. ...

Sterling steady near recent highs on dollar and euro

The pound held steady against both the dollar and the euro in thin holiday trading on Monday with little in the way of scheduled events that could move the currency until the new year. ...

Russian billionaire Potanin acquires minority stake in cloud provider Selectel

A joint venture controlled by Russian billionaire Vladimir Potanin has acquired a 25% stake in IT infrastructure provider Selectel, one of the venture's partners said on Monday, as Moscow seeks to...

Russian factory activity shrinks at fastest pace since March 2022, PMI shows

Russia's manufacturing sector contracted at its fastest rate since March 2022 in December, as output and new orders fell sharply, S&P Global reported on Monday. The Purchasing Managers'...

Bulgaria prepares for the euro amid excitement and scepticism

Bulgarian banks, businesses and shoppers were preparing this week to say goodbye to the lev currency ahead of a move to adopt the euro on January 1, a long-awaited milestone met with excitement,...