South Korea pension fund, central bank expand FX swap line as won drops By Reuters
SEOUL (Reuters) – South Korea’s pension fund and central bank have agreed to expand their foreign exchange swap line and extend it by one year...
Tag : Reuters
South Korean won hits 15-year low as hawkish Fed, domestic politics weigh By Reuters
By Jihoon Lee and Yena Park SEOUL (Reuters) -The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by...
Dollar rallies broadly, yen tumbles after BOJ keeps markets guessing By Reuters
By Rae Wee SINGAPORE (Reuters) -The dollar flirted with a two-year peak on Thursday after the Federal Reserve signalled a slower pace of rate cuts...
Dollar steady against peers as Fed rate cut looms By Reuters
By Brigid Riley TOKYO (Reuters) – The U.S. dollar held steady against the yen and other major rivals on Wednesday as investors waited to see...
PBOC is expected to set the USD/CNY reference rate at 7.2838 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting...
Dollar holds firm as traders bet on cautious Fed in 2025 By Reuters
By Amanda Cooper and Tom Westbrook LONDON/SINGAPORE (Reuters) -The dollar held firm on Tuesday ahead of an expected interest rate cut in the United States,...
South African rand weakens ahead of Fed decision By Reuters
JOHANNESBURG (Reuters) – slipped against a stronger dollar on Tuesday, as investors turn their attention to the Federal Reserve’s interest rate decision. At 0820 GMT,...
PBOC is expected to set the USD/CNY reference rate at 7.2842 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting...
Brazil currency faces volatility as Lula criticises rates, central bank intervenes By Reuters
SAO PAULO (Reuters) -Brazil’s currency faced a choppy market on Monday, opening sharply lower against the U.S. dollar after renewed criticism of interest rate levels...
Transatlantic balance buoys sterling towards pre-Brexit berth: Mike Dolan By Reuters
By Mike Dolan LONDON (Reuters) -Sterling’s return close to pre-Brexit referendum levels against the euro owes much to Britain’s delicate dance between resetting relations with...