Analysis: Currencies

Accenture warns of forex hit amid strong IT services' demand

Accenture Plc on Thursday warned this year's dollar surge would hurt its fiscal 2023 results, even as robust demand for digital offerings helped the IT services major top quarterly earnings...

Rouble rebounds after trading suspension, Gazprom shares down

The rouble turned to gains after slipping beyond the 61 mark against the dollar on Monday, while shares in Gazprom inched lower after Russia said it had stopped gas supplies to Europe via the Nord...

Analysis-Bond bear market? 'Worst year in history' for asset as inflation bites

An accelerating decline in bond markets is bringing fresh pain for fixed income investors in a year when global bonds have already lost a fifth of their value....

Dollar eases from near two-decade peak as Jackson Hole looms

The U.S. dollar edged back from near a two-decade peak against a basket of major currencies on Thursday as investors looked to a speech by Federal Reserve Chair Jerome Powell the following day for...

Gold faces first weekly decline in a month on dollar advance

Gold was headed for its first weekly drop in a month after hitting a three-week low on Friday, under pressure from a stronger dollar and rising U.S. bond yields as the Federal Reserve looked set...

Exclusive-Bank of England will probably need to raise rates again, Ramsden says

The Bank of England will probably have to raise interest rates further from their current 14 year-high to tackle inflation pressures that are gaining a foothold in Britain's economy, BoE Deputy...

Safe haven dollar eases as risk appetite lifted by jobs data

The dollar eased on Monday, giving back some of the gains it made following Friday's blockbuster U.S. jobs report, as investors looked ahead to Wednesday's inflation data for more clues about the...

Pound struggles around $1.20 on economy worries

Sterling held around the $1.20 level versus the U.S. dollar on Monday as traders worried about the outlook of the British currency after recent dismal data before a widely expected U.S. interest rate...

Explainer-Why the euro's fall below parity versus dollar matters

Europe's single currency has dropped below parity against the dollar for the first time in almost 20 years, battered by growing recession fears in the euro area....

Steady dollar casts shadow on EM currencies as growth fears persist

A firm dollar put pressure on emerging market currencies and stocks at the start of a new quarter on Friday as disappointing economic data from across the world cemented fears of a global...

Rising rates pressuring countries' credit ratings, S&P Global warns

A growing group of countries are likely to see their credit ratings come under pressure as rising global interest rates hit already-stretched finances, one of the world's biggest rating agencies S&P...

Currency overview: Euro and Yen regain ground on the Dollar

The euro and the yen are recovering against the dollar, the Swiss franc is at its highest against the euro, and there's a new rate increase in Canada... Here is an overview of the major news and...

Dollar resumes slide as stock markets tentatively pick up

The U.S. dollar resumed its slide on Monday as risk appetite across markets tentatively strengthened, supported by encouraging economic data and bets that the Federal Reserve will tighten policy at a...

Analysis-As U.S. economy's exceptionalism fades, so does the dollar

The dollar's rally to two-decade highs appears to have stalled, with doubts growing on whether the U.S. economy will prove as resilient and monetary policy as aggressive as previously expected....

Dollar approaches 20-year highs, Fed meeting in focus

The dollar held just below a 20-year high against a basket of currencies on Monday before an expected Federal Reserve rate hike this week, with traders focused on the potential for the U.S. central...

U.S. dollar rises to nearly two-year high on hawkish Fed comments

The U.S. dollar hit its highest in nearly two years on Tuesday, boosted by hawkish comments from Federal Reserve officials who pushed for a quick reduction in the central bank's bloated balance sheet,...

Dollar hits 6-year high vs yen as BOJ moves against rising bond yields

The dollar hit a six-year high versus the yen after the Bank of Japan moved to contain rising bond yields, while U.S. Treasury yields soared to new multi-year highs, highlighting a divergence between...

Bitcoin: the end of supercycles?

Bitcoin is already 13 years old. Thirteen years of volatility and emotional roller coaster for early investors and traders. Since then, Bitcoin has matured with the entire cryptocurrency market in its...

Exclusive-Foreign banks face bigger capital bill under draft EU plan

Foreign banks based in the European Union may have to hold more capital and liquidity under revisions to rules being considered by the bloc's member states, an EU document showed....