By Tom Finn LONDON (Reuters) – The Japanese yen surged to a 3-month high against the dollar on Thursday as investors piled into the safe-haven currency fearing that the U.S.-China trade conflict could escalate. Two days of trade talks begin in Washington on Thursday and traders are waiting to see whether Chinese and U.S. negotiators […]

By Saikat Chatterjee LONDON (Reuters) – The dollar recovered on Thursday after suffering some brief losses overnight with traders focusing on relatively confident comments from Fed Chair Jerome Powell on the economy’s outlook. The greenback took a beating after a surprisingly sharp retreat in the ISM index of manufacturing to 52.8 and downgrades of the […]

By Tommy Wilkes LONDON (Reuters) – The New Zealand dollar fell on Wednesday after weak jobs data added to expectations for an interest rate cut as investors worldwide waited for news from Federal Reserve Chairman Jerome Powell at the end of a two-day policy meeting. Trading was thin with large parts of Asia and Europe […]

(Bloomberg) — Chinese President Xi Jinping addressed some 40 world leaders at the Belt and Road forum in Beijing, but his speech may have been aimed at a head of state not in the audience: U.S. President Donald Trump. Xi spent a large portion of his speech Friday addressing Chinese domestic reforms, pledging to address […]

By Daniel Leussink TOKYO (Reuters) – The dollar edged up against a basket of key rivals on Tuesday, while the Canadian dollar was supported by rising crude oil prices due to U.S. plans to tighten a clampdown on Iranian oil exports from next month. Financial markets in Australia and New Zealand reopened after the long […]

By Daniel Leussink TOKYO (Reuters) – The dollar edged up against key peers such as the euro and the yen on Monday, boosted by the relative strength of the U.S. economy, while losing ground against the Canadian dollar following a rise in crude oil prices. Financial markets in Australia, Hong Kong and many major countries […]

By Saikat Chatterjee LONDON (Reuters) – The euro fell to a one-week low on Thursday after weak manufacturing surveys in Europe raised concerns about an economy struggling to gain traction before the long Easter weekend. Activity in Germany’s manufacturing sector shrank for a fourth straight month in April, while a similar survey from France also […]

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. The euro’s stagnant start to the year might be ending as signs emerge that Europe’s economic growth is reviving. Traders are unwinding bets against the common currency in the options market, with a gauge of sentiment […]

By Tommy Wilkes LONDON (Reuters) – The Australian and Canadian dollars rose on Tuesday, aided by a surge in oil prices to five-month highs that lifted most commodity-linked currencies. Oil prices have rallied on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela, although […]

ANKARA (Reuters) – Fears over renewed tensions with the United States reversed some of the Turkish lira’s overnight gains in early trade on Thursday following a dovish Fed decision that had boosted emerging market currencies late on Wednesday. The United States could soon freeze preparations for delivering F-35 fighter jets to Turkey, officials told Reuters, […]