‘Way too early’ to declare victory over inflation, says ECB’s Nagel
Joachim Nagel, President of Germany’s federal reserve Bundesbank addresses the media during the bank’s annual news conference in Frankfurt, Germany March 1, 2023. REUTERS/Kai Pfaffenbach/File...
Dollar falls to 2-1/2 month low on Fed expectations, yen strengthens
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Nov 20 (Reuters)...
Worsening euro zone business downturn reignites recession fears
LONDON, July 24 (Reuters) – Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined...
Dollar gains, euro dips after cautious ECB
SINGAPORE, May 4 (Reuters) – The dollar rose on Thursday against the euro after the European Central Bank eased its pace of rate hikes, a...
Dollar gains after strong New York factory survey
SINGAPORE, April 17 (Reuters) – The dollar rose on Monday after New York state factory activity in April increased for the first time in five...
Investors put $538 billion into cash funds over eight weeks, Bank of America says
LONDON, April 14 (Reuters) – Investors have moved $538 billion into cash funds over the past eight weeks as they pulled money out of bank...
Dollar heads for longest stretch of weekly losses since 2020
SINGAPORE, April 14 (Reuters) – The dollar headed for its longest stretch of weekly losses in almost three years on Friday, as traders ramped up...
Dollar dips as producer prices cool, euro hits one-year high
NEW YORK, April 13 (Reuters) – The dollar fell to a two-month low against a basket of currencies and a one-year low against the euro...
Exclusive: Germans shun deposits abroad on fear of new crisis
Demand for foreign deposits down 15%-20% since SVB collapse Germans seek safety in domestic banks, platforms say Smaller, foreign banks forced to raise rates FRANKFURT,...
Dollar clings to modest gains on data
U.S. jobless claims fall, showing labor market tightness Fed funds futures price in peak of 5.34% in July Stronger dollar will result in harder U.S....