Currencies

  • Euro Hits Three-Month High Against US Dollar
    Euro_jumps_to_three-_week_high_against_the_dollar 2019-06-24 04:00:44 UTC
    TOKYO (Reuters) - The euro rose to a three-month high against the dollar on Monday, as bearish bets on the U.S. currency remained solid on prospects of a near-term interest rate cut by the Federal Reserve. The euro stretched its rally last week, up 1.4%, and advanced about 0.15% to $1.1386 in ...

  • Asia Shares Hit 4-Month Low on Risk of Endless Trade War
    Asia_shares_hit_four-month_low_on_risk_of_endless_trade_war 2019-05-23 05:34:55 UTC
    SYDNEY (Reuters) - Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a prolonged technology cold war between the world’s two largest economies. Late Wednesday, Reuters reported the U.S. administration...

  • Brexit: The Irish border has become a sticking point
    Brexit-_the_irish_border_has_become_a_sticking_point 2018-10-15 16:25:14 UTC
    LUXEMBOURG (AP) — Britain and the European were still both refusing to blink Monday over the question of the Irish border in Brexit talks — only two days ahead of a summit once seen as the moment when they would have to reach deal on Britain’s divorce from the bloc. A flurry of diplomatic meet...

  • Dow Jones Worst Day Since 2011
    Dow_jones_worst_day_since_2011 2018-02-06 03:58:21 UTC
    TOKYO (AP) — Shares tumbled in Asia on Tuesday after a wild day for U.S. markets that resulted in the biggest drop in the Dow Jones industrial average in six and a half years. Japan’s Nikkei 225 index dropped as much as 5.6 percent in early trading Tuesday. By midday it was down 5.3 percent at...

  • Dollar Slides to 3-year Low as Euro Gains
    Solid_european_economic_outlook_kept_euro_strong_against_dollar 2018-01-24 07:28:05 UTC
    SINGAPORE (Reuters) - The dollar slid to three-year lows against a basket of major peers on Wednesday. The euro climbed to as high as $1.2335 EUR=, its strongest level since December 2014, and was last up 0.2 percent at $1.2318. Euro zone consumer confidence jumped much more than expected i...

  • Bitcoin extended its sharp tumble of the past 24 hours
    Bitcoin_extended_its_sharp_tumble_of_the_past_24_hours 2018-01-17 17:16:08 UTC
    (Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than 20 percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year. Bitcoin, which skyrocketed nea...

  • Down 35 percent: Bitcoin tumbled below $13,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-12-22 07:47:50 UTC
    TOKYO (Reuters) - Cryptocurrency bitcoin tumbled below $13,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, down roughly 35 percent from its record top near $20,000 set at the start of the week. It was last down 7 percent at $14,499 BTC=BTSP but fell as much as 14.7 percent earlier in ...

  • Bitcoin loses 20 percent of its value in less than 24 hours
    Bitcoin_loses_over_20_percent_of_its_value_in_less_than_24_hours 2017-11-30 20:57:52 UTC
    LONDON (Reuters) - Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value since hitting an all-time high of $11,395 on Wednesday. The cryptocurrency fell as much as 8 percent on Thursday on the Luxembourg-based Bitstamp exchange to hit $9,000...

  • Bitcoin tops an all-time high above $10,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-11-29 06:11:39 UTC
    NEW YORK (Reuters) - Red-hot bitcoin soared through an all-time high above $10,000 on Wednesday, taking its gains to more than 900 percent so far this year, the most of any asset class. Despite widespread scepticism of many veteran bankers and fund managers, it is being propelled by a continue...

  • Strong German Growth Data Lifts Euro
    Solid_european_economic_outlook_kept_euro_strong_against_dollar 2017-11-14 22:08:49 UTC
    NEW YORK (Reuters) - The euro was set for its strongest session in more than four months on Tuesday, boosted by strong economic growth in Germany, but world stocks fell for the fourth straight day as oil prices fell and investors worried about U.S. tax reform. U.S. Treasury two-year note yield...

  • Bitcoin surged to a record high of more than $6,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-10-20 20:12:57 UTC
    NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies. The original virt...

  • North Korea Missile Test Jolts Investors: U.S. Stocks Drop
    What_is_a_point_on_the_new_york_stock_exchange_ 2017-08-29 14:07:59 UTC
    (Reuters) - The Dow fell more than 100 points at the open on Tuesday as North Korea’s missile test over Japan prompted President Donald Trump to warn that “all options are on the table”, triggering a flight to safety among investors. The missile, tested early on Tuesday, flew over Japan and la...

  • Hottest Tech startups don't need venture capital money
    Hottest_tech_startups_don't_need_venture_capital_money 2017-07-24 07:00:59 UTC
    NEW YORK (Reuters) - U.S. venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge - some of the hottest tech startups that sell the coins just don't need their money. Only a few years ago, digital currency entrepreneurs, like o...

  • Solid European economic outlook kept euro strong against dollar
    Solid_european_economic_outlook_kept_euro_strong_against_dollar 2017-07-21 04:12:59 UTC
    TOKYO (Reuters) - Concerns about Trump's inability to push the US economy and strong global growth are weakening the dollar. The euro held near two-year highs against the dollar on Friday after the head of the European Central Bank said tapering of its stimulus will be on the table this autumn...

  • US Dollar falls to lowest level in 2017
    Us_dollar_falls_to_lowest_level_in_2017 2017-07-17 21:08:40 UTC
    NEW YORK (Reuters) - The U.S. dollar hit its lowest level against a basket of major currencies in 10 months on Monday and the Australian dollar hit a more than two-year high on strong Chinese economic data and doubts that the Federal Reserve would raise interest rates again this year. China's ...

  • US auto industry has been bracing for a downturn
    Us_auto_industry_has_been_bracing_for_a_downturn 2017-07-03 16:51:23 UTC
    The U.S. auto industry has been bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. A glut of nearly new used vehicles poses competition for new vehicle sales and automakers have relied increasingly on high consumer discounts and loosened lending terms. Major...

  • Should I buy euros now or later?
    Euro_jumps_to_three-_week_high_against_the_dollar 2017-06-09 23:19:33 UTC
    LONDON — The UK currency has experienced significant volatility in the fallout from the General Election. The Conservatives failed to secure a majority in the contentious vote, leaving the nation grappling with the result of a hung parliament. Sterling is buying €1.14 after dropping sharpl...

  • Trudeau vows to stand up for Canadian interests against Trump
    Justin_trudeau_rejected_trump's_rhetoric_over_canadian_dairy_industry 2017-04-25 17:13:52 UTC
    OTTAWA — Prime Minister Justin Trudeau vowed to stand up for Canadian interests on Tuesday after the U.S. imposed new tariffs on softwood lumber and trade tensions between the two countries escalated, sending the Canadian dollar to a 14-month low. While the currency fell, shares in Canadian lu...

  • Global Stocks Slide, Treasuries and Yen Up
    Global_stocks_slide__treasuries_and_yen_up 2017-04-11 05:04:09 UTC
    Asian stocks fell in choppy trade on Tuesday as the political tinderbox in the Middle East and the Korean Peninsula added to uncertainty over the looming French vote, pushing edgy investors into safer assets such as the yen and Treasuries. Oil continued its steady climb on supply concerns in t...

  • US dollar struggles near a four-month low against the yen
    Us_dollar_struggles_near_a_four-month_low_against_the_yen 2017-03-22 03:58:12 UTC
    By Shinichi Saoshiro | TOKYO — The dollar struggled near a four-month low against the yen on Wednesday as a bout of investor risk aversion hit U.S. stocks and sent U.S. Treasury yields sharply lower, eroding the greenback's interest rate allure. The U.S. currency was off 0.1 percent at 111...

  • Euro marks strongest gain against dollar in one month
    Euro_jumps_to_three-_week_high_against_the_dollar 2017-03-13 01:51:24 UTC
    The euro edged up near a one-month high against the dollar in Asian trading on Monday, after some European Central Bank policymakers raised the possibility of hiking interest rates before bond purchases end. The euro was up 0.1 percent at $1.0691 EUR=, after rising as high as $1.0699 on Friday...

  • Euro jumps to three- week high against the dollar
    Euro_jumps_to_three-_week_high_against_the_dollar 2017-03-10 19:44:15 UTC
    The euro jumped to a three-week high against the dollar on Friday after a report that the European Central Bank had discussed the possibility of raising interest rates before the end of its quantitative easing program. Sources told Reuters some ECB policymakers had suggested hiking rates from ...

  • Dollar continues under pressure amid Trump protectionism
    Dollar_continues_under_pressure_amid_trump_protectionism 2017-01-24 06:44:36 UTC
    Dollar struggles, pressured by worries over Trump protectionism. The dollar wallowed near seven-week lows in Asian trade on Tuesday, pressured by concerns about the impact of U.S President Donald Trump's protectionist trade stance. The dollar index, which tracks the greenback against a bask...

  • Asia stocks, dollar slip amid U.S. election tension
    Asia-stock 2016-11-03 04:50:54 UTC
    Asia shares joined the U.S. dollar on the defensive on Thursday as the nail-biting U.S. presidential race saw the S&P 500 suffer its longest losing streak in five years as investors sailed to safer harbors. Tensions were aggravated by media reports that some agents at the FBI had wanted to pre...

  • Asia stocks shaky as FBI review of Clinton emails rattles markets
    Stock 2016-10-31 07:18:13 UTC
    SINGAPORE (Reuters) - Most Asian stocks struggled higher on Monday but investors were rattled by news that the FBI is planning to review more emails related to Democratic presidential candidate Hillary Clinton's private server, just a week before the election. European markets also looked set ...