Euro back at 2002 levels on fears of recession, energy crisis U.S. equities regain some ground, U.S. Treasury yields tumble July 5 Reuters The euro sank on Tuesday to its weakest level against the dollar in almost 20 years while oil futures tumbled and bond prices rose as investors sought safety after the latest data […]

Rates as of 0500 GMT I just want to point out though that more than 40 senior UK officials resigned yesterday, following Chancellor of the Exchequer Rishi Sunak and Health Secretary Sajid Javid out the door in protest at UK PM Boorish Johnsons ineptitude.  According to the FT, a delegation of senior cabinet ministers will […]

NEW YORK, July 7 Reuters A cocktail of global growth fears, Federal Reserve hawkishness and euro weakness has boosted the U.S. dollar to its highest level in around 20 years, and some investors are betting there may be more gains ahead. The dollar index , which measures the greenback against six major currencies, is up […]

TOKYO, July 7 Reuters The safehaven dollar retreated from near a twodecade high against major peers on Thursday, tracking an easing in Treasury yields, while U.S. equity futures accelerated gains as investors continued to assess the economic outlook. The euro clawed its way back from near a twodecade trough, while the commoditylinked Australian dollar surged […]

July 7 Reuters Oil stocks and chipmakers drove European shares higher on Thursday, with the latter getting a lift from upbeat preliminary results by South Korea39;s Samsung, while investors awaited minutes of the ECB39;s meeting for clues on rate hikes. The continentwide STOXX 600 index was up 0.8 by 0718 GMT, after closing 1.7 higher in […]

July 7 Reuters Euro zone bond yields rose on Thursday, tracking overnight moves in U.S. Treasuries as the tussle between inflation and recession fears continued to grip markets. A deteriorating inflation situation and concern about lost faith in U.S. Federal Reserve39;s power to make it better prompted U.S. central bank officials to rally around an […]

Euro just off its two decade low Rising risk appetite support the single currency Swiss Franc hovering around 7year high vs euro Aussie dollar up on commodity prices rebound July 7 Reuters The euro edged higher on Thursday, supported by rising risk appetite but still within striking distance of its twodecade low as surging energy […]

STANBUL, July 7 Reuters The lira extended its recent losses on Thursday, weakening as far as 17.3, as the dollar39;s broad strength was compounded by worries about Turkey39;s soaring inflation and foreign exchange policy. The lira slipped 0.4 against the U.S. currency to trade at 17.2950 at 0810 GMT. After a brief rally just under […]

Johnson to resign later on Thursday source Sterling climbs 0.5 vs dlr, 0.3 vs euro Markets had priced in his departure already Economic drivers far more important for pound LONDON, July 7 Reuters Sterling enjoyed a small bounce on Thursday after reports that British Prime Minister Boris Johnson would shortlyresign, with traders welcoming the prospect […]