By Tom Finn LONDON (Reuters) – The dollar rose on Wednesday, attracting safe-haven bids after reports of further tension in U.S.-China trade negotiations, but its gains were slight, with caution expected from the Federal Reserve at its policy meeting later in the day. Volatility in foreign exchange markets has plummeted due to a dovish shift […]

By Tom Finn LONDON (Reuters) – The Japanese yen rose on Tuesday, benefiting from a U.S. dollar hit by concern over the U.S. economy and expectations that the Federal Reserve will prove accommodative at a meeting this week. The euro also profited from the weaker dollar, adding 0.2 percent to $1.1348 (EUR=EBS). Markets expect the […]

By Daniel Leussink TOKYO (Reuters) – Sterling rallied on Tuesday on speculation that British Prime Minister Theresa May might be closer to securing approval for her Brexit deal after the European Commission agreed to some changes to it ahead of a vote in the British parliament. The pound jumped as high as $1.3290 as May […]

By Aby Jose Koilparambil (Reuters) – Investors remained bullish on China’s yuan for a third straight fortnight, a Reuters Poll showed on Thursday, as markets turned optimistic about the progress in Sino-U.S. trade talks. Long positions on the yuan rose to their highest since February last year, the poll of 10 analysts showed, with investors […]

By Tommy Wilkes LONDON (Reuters) – Price swings in the world’s most-traded currencies have plummeted as a dovish shift by major central banks reversed a brief revival at the end of 2018, and traders are hoping events such as Brexit will shake up moribund markets next month. Volatility is crucial for traders, who can wring […]

By Shinichi Saoshiro TOKYO (Reuters) – The dollar inched up against the yen on Tuesday after Japan’s central bank governor raised the possibility of further policy easing, while the euro’s latest bounce faded as the focus shifted back to economic challenges in the bloc. The greenback rose to 110.615 yen from a low of 110.45 […]

By Tommy Wilkes LONDON (Reuters) – The euro rose past $1.13 and riskier currencies like the Australian dollar strengthened on Monday as optimism over a breakthrough in U.S.-China trade war talks encouraged investors. The euro has been stuck in a trading range since November as growing weakness in the euro zone economy offsets dwindling expectations […]

ITTA BENA, Miss (Reuters) – Decades of bank industry consolidation have weighed on the economies of rural areas as branches and local community banks disappeared and access to financial services declined, Federal Reserve Chairman Jerome Powell said on Tuesday, citing meetings of Fed staff held last year in communities where banks had closed. The trend […]

By Tom Finn LONDON (Reuters) – The dollar rose on Monday as concerns grew that U.S.-China talks this week would not heal a rift over trade between the world’s largest economies. The greenback is being lifted by its safe-haven appeal as investors, worried about a sharp global economic slowdown, pile into the world’s most liquid […]

By Saikat Chatterjee LONDON (Reuters) – The dollar held near a two-week low on Tuesday as growing concern over the trade conflict between the United States and China heightened the safe-haven appeal of the Japanese yen and the Swiss franc. The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating […]