Tag: currency
Rebounding U.S. dollar a growing headache for investors
Investors reeling from the recent volatility in global financial markets are eyeing another potential worry: a rebounding dollar.
The...
Dollar set for first losing week in seven amid U.S. yield...
The U.S. dollar was headed for its worst week since early February against major peers on Friday, weighed down by a retreat...
Russian rouble steadies ahead of expected rate cut
The Russian rouble firmed on Friday, hovering near highs last seen in March 2020 against the euro and strengthening past 72 against...
Russian rouble weakens with Ukraine tensions, sanctions threats in focus
The Russian rouble weakened back past 79 versus the dollar on Wednesday after showing tentative signs of recovery in the previous session,...
Turkish Inflation Seen Hitting 19-Year Record Amid Lira Woes
Turkish inflation is expected to surge to a 19-year high in December, propelled by a slump in the lira and President Recep...
Bank of Korea Raises Rates Again, Sees Faster Inflation
The Bank of Korea raised interest rates for the second time since August and signaled it will further pare back stimulus, in...
On inflation, central bankers shouldn’t take market’s word for it
Investors are pricing in the briskest inflation rates in decades for the United States and the euro zone but central bankers may...