Analysis: Currencies

Markets quietly welcome EU shift to joint borrowing for Ukraine loan

The European Union's decision to fund lending to Ukraine through borrowing is welcome news to markets, analysts said on Friday, cementing the use ?of joint ?debt as a financing solution while avoiding...

How will the EU's 90 billion euro loan to Ukraine work?

A 90 billion euro EU loan for Ukraine, blocked by Hungary under outgoing Prime Minister Viktor Orban, could be revived following Orban's defeat in an election this month and a resumption of Russian...

ECB's growth, inflation risks are large but balanced, Sleijpen says

Risks to euro zone growth and inflation are fairly balanced ?but ?remain large, so the European Central Bank needs to keep an open mind about future policy moves, Dutch central bank chief Olaf...

Currencies: Political Dissent

At first glance, the US Federal Reserve did the job expected of it, but a closer reading still reveals real dissension within the institution that cannot be kept quiet.

Sterling hits 17-year high against yen as traders overlook rate divergence

The pound held steady against the euro and the dollar on Friday, after the ?Bank of ?England delivered an expected rate cut, while hitting its highest since 2008 against the yen, hit by profit-taking...

Ukraine welcomes 90 billion-euro EU loan, despite lack of deal on Russian assets

Ukraine thanked the European Union on Friday for deciding to provide it with 90 billion euros of ?support over the next two years - even if the bloc failed to agree on an ambitious plan to finance it...

Indian rupee forward premiums hit 3-year high on year-end adjustments, hedging

U.S. dollar/Indian rupee forward premiums rose to three-year peaks on ?Friday, ?spurred by excess dollar liquidity, traders unwinding positions and hedging demand in the non-deliverable forward...

Investors react to EU funding deal for Ukraine

European Union leaders decided on Friday to borrow cash to fund Ukraine's defence against Russia rather than use ?frozen ?Russian assets, sidestepping divisions to secure a 90 billion euro loan. ...

French central bank sees higher growth ahead - if political clouds clear

The French economy is expected to post modest but ?steady growth ?in the coming years, driven by a recovery in household spending and business investment if political uncertainty clears, the central...

BOJ Governor Ueda's comments at news conference

The Bank of Japan has raised its interest rates on Friday to levels unseen in three decades and signalled readiness for further hikes, taking another landmark step in ?ending ?decades of huge monetary...

Japan's core inflation steady in November, stays above BOJ target

Japan's core consumer prices rose ?3.0% ?in November from a year earlier, data showed on Friday, staying above the central bank's 2% target for the 44th straight month. The outcome...

Bank of Japan raises rates to 30-year high, signals more hikes

STORY: The Bank of Japan raised interest rates on Friday to levels not seen in 30 years. The new rate of 0.75% is up from a previous 0.5%, and the first rise since January. ...

Finalists for top Fed job want to cut rates, but diverge from there

The four candidates interviewed by President Donald Trump as finalists to replace Federal Reserve Chair Jerome Powell in May share a desire to cut interest rates, but diverge on other aspects of...

Canadian dollar edges higher ahead of retail sales data 

The Canadian dollar strengthened against its U.S. counterpart on Thursday but the move was limited ahead of domestic retail sales data and after Canadian Prime Minister Mark Carney played down the...

ECB policymakers see steady rates next year but cut not off table, sources say

European Central Bank policymakers expect to keep interest rates steady next year but they are not yet ready to take a rate cut off the table because the outlook is too uncertain, three sources told...

ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine

European Central Bank President Christine Lagarde said on Thursday she was fully confident European Union leaders would agree a way to support Ukraine given the vital importance of the issue. ...

Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say

Russia's government has ordered Russian Railways to sell a 62-floor central Moscow skyscraper to help the railway monopoly pay off some of its $50 billion debt, three sources told Reuters. ...

Wall St opens higher as inflation eases; forecast boosts Micron

Wall Street's main indexes opened higher on Thursday after softer-than-expected inflation data boosted expectations for more interest rate cuts by the Federal Reserve, while chipmaker Micron's blowout...

US weekly jobless claims fall as seasonal volatility persists

The number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week's surge and suggesting labor market conditions remained stable in December. ...