ISTANBUL (Reuters) – The Turkish lira weakened slightly against the dollar in quiet holiday trade on Friday as a bitter standoff dragged on between Ankara and Washington over the fate of an American pastor being tried in Turkey. The lira <TRYTOM=D3> eased to 6.1079 against the U.S. currency from a close of 6.0950, having weakened […]

The U.S. fell against other currencies on Friday as trade talks between the U.S. and China ended. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, decreased 0.12% to 95.44 as of 5:24 AM ET (9:24 GMT). The U.S. and China moved ahead with 25% tariffs on $16 […]

The Turkish lira continued its decline on Thursday, bringing year-to-date losses against the dollar to more than 50%, as meetings between Turkish and U.S. officials produced few results. USD/TRY was up 2.50% at 5.4122 by 4:42 AM ET (8:42 GMT), hovering just below an earlier record high of 5.4486. A Turkish delegation went to Washington […]

The dollar edged lower against a currency basket on Wednesday, sliding for a second day as trade tensions faded, while sterling wallowed near one-year lows, pressured lower by Brexit uncertainty. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, touched a low of 94.82 and was at 94.98 […]

By Tuvan Gumrukcu and Ali Kucukgocmen ANKARA/ISTANBUL (Reuters) – Turkey’s lira weakened against the dollar on Wednesday, hit by concern about President Tayyip Erdogan’s grip on monetary policy and reports that efforts to resolve a diplomatic row had yet to make tangible progress. A Turkish delegation is visiting Washington this week to discuss the friction […]

By Daniel Leussink TOKYO (Reuters) – The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a ‘hard’ Brexit from the European Union, while simmering U.S.-China trade tensions provided support to the greenback. Comments from officials about a no-deal Brexit stoked fears Britain would crash out […]

The pound slumped to its lowest level since early September on Monday after amid mounting worries over Brexit after Britain’s international trade secretary warned that a no-deal Brexit was now more likely than not. GBP/USD hit a low of 1.2956, its weakest level since September 4 was down 0.31% to 1.2962 by 05:24 AM ET […]

TOKYO (Reuters) – Japan’s latest tweak to its ultra-easy monetary policy settings has nudged its bond yields higher but not nearly enough to entice hundreds of billions of dollars worth of Japanese investment in overseas debt to return home. At this week’s policy review, the Bank of Japan (BOJ) signaled a greater tolerance for higher […]

LONDON (Reuters) – The dollar rallied on Thursday as the Federal Reserve’s upbeat assessment of the economy combined with a flare-up in the trade tensions between the United States and China to boost demand for the U.S. currency. The euro fell to a one-week low as the dollar gained in early European trading. The escalation […]

The euro pushed higher on Tuesday as investors awaited reports on growth and inflation in the euro area, while the yen slid lower after the Bank of Japan said it would be more flexible in its massive stimulus program. EUR/USD was up 0.17% to 1.1725 by 03:36 AM ET (07:36 GMT), after rising 0.41% on […]