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Forex

U.S. Treasury's Mnuchin watching Chinese yuan weakness for manipulation

02h43 The United States is monitoring the recent weakness in China's yuan currency and will review whether the currency has been manipulated, Treasury Secretary Steven Mnuchin told Reuters on Friday.. . .  Full story

U.S. dollar drops, yields rise after Trump comments on Fed policy and tariffs

20/07 The U.S. dollar weakened, long term Treasury yields rose and stocks closed mostly lower on Friday after President Donald Trump complained again about the greenback's strength and about Federal Reserve interest rate rises.. . .  Full story

Brazil's real soars after Trump comments boost LatAm currencies

20/07 Latin American currencies, particularly Brazil's real, strengthened on Friday after President Donald Trump lamented the strong U.S. dollar, spurring investors worldwide to lock in profits on the greenback. In a CNBC. . .  Full story

C$ rises vs soft U.S. dollar on robust Canadian data

20/07 The Canadian dollar rose against a broadly weak U.S. dollar on Friday after strong inflation and retail sales data reinforced expectations for another interest rate hike by the Bank of Canada this year.. . .  Full story

Dollar drops further on Trump's comments on currency, rate hike

20/07 The dollar fell across the board on Friday, as the latest comments by U.S. President Donald Trump complaining about the strength of the greenback and the rise in U.S. interest rates squashed a rally. . .  Full story

Trump and the U.S. dollar: Actions speak louder than words

20/07 U.S. President Donald Trump may not be happy about the strength of the U.S. dollar, but the greenback's recent rally may partly be a product of his own making.. . .  Full story

Ethiopia's birr black-market evaporates as confidence booms

20/07 A "hard currency amnesty" and reform-driven confidence in Ethiopia's economy, both at home and abroad, have helped close a once yawning gap between the official and black market exchange rates for its birr currency.. . .  Full story

Trump ratchets up criticism of Fed interest rate rises

20/07 U.S. President Donald Trump on Friday dug in on his criticism of the Federal Reserve's policy on raising interest rates, saying it takes away from the United States' "big competitive edge.". . .  Full story

Oil prices contend with strengthening U.S. dollar: Kemp

20/07 The rising value of the U.S. dollar against most other major currencies is creating an additional headwind for oil prices, as it pushes up the local price of crude and fuels across much of. . .  Full story

Fed will be unaffacted by Trump's comments - Bullard

20/07 The Federal Reserve will remain unaffected by President Donald Trump's comments on U.S. monetary policy and is focused on achieving the goals set for it by Congress, St. Louis Federal Reserve Bank President James Bullard. . .  Full story

Sterling bounces off 10-month low after bruising week

20/07 The pound rose towards the $1.31 mark on Friday as the dollar skidded lower and traders took stock at the end of a bruising week for the British currency.. . .  Full story

Sri Lankan rupee firms as remittances boost dollar inflows

20/07 The Sri Lankan rupee ended slightly firmer on Friday as remittances boosted dollar inflows, helping offset the importer dollar demand, traders said.. . .  Full story

China green-lights offshore foreign currency bonds as interbank collateral

20/07 China on Friday said that it will soon introduce a foreign currency lending business that will allow borrowers to use offshore foreign currency bonds as collateral for interbank loans, in a further step toward liberalising. . .  Full story

Investors buy big in bonds, flee gold in large numbers-BAML

20/07 Global investors ploughed $5 billion into bonds and withdrew money from gold and European equities in the past week, as fears of a trade war encourage investors to seek safety in fixed income, Bank. . .  Full story

Indonesia's Pertamina seeks to cut asset risks as rupiah slides

20/07 Indonesia's Pertamina is seeking government approval to divest assets to help shield the state energy company from rising crude oil prices and a rupiah that is at its lowest level in more than 2-1/2 years.. . .  Full story

U.S. banks get Q2 trading boost but more volatility needed: McGeever

20/07 Banks have not had much to cheer when it comes to market trading in recent years, but the batch of U.S. second quarter earnings just out is providing some good news.. . .  Full story

Yuan slide keeps currencies in the firing line

20/07 The latest slide in China's yuan kept emerging markets in the firing line on Friday after another week of turbulence caused by continuing trade war fears and an increasingly powerful dollar.. . .  Full story

Currencies rebound amid robust Hungarian wage, Polish retail data

20/07 Central European currencies rebounded on Friday as a dollar rally lost momentum in global markets, while new data showed robust growth in wages in Hungary and retail sales in Poland. The. . .  Full story

China markets gyrate as yuan hits one-year lows

20/07 China's yuan rebounded from more than one-year lows against the dollar on Friday afternoon, driven up on suspected dollar sales by major state banks to prop up a currency that has been hit. . .  Full story

Currency crisis tops agenda for whoever wins Pakistan election

20/07 Whoever wins next week's election in Pakistan will have to urgently resolve a currency crisis that threatens to put the brakes on the fast-growing economy, with the most likely solution being another bailout from the. . .  Full story

-Polish retail sales up as amid record-low unemployment

20/07 Poles rushed to the shops in June as low unemployment and rising wages drove double-digit growth in retail sales, analysts said.. . .  Full story

Sterling stuck near 10-month low after bruising week

20/07 The British pound steadied around the $1.30 mark on Friday as traders took stock at the end of a bruising week in which weak economic data and more political uncertainty around the government's Brexit. . .  Full story

Indonesia c.bank intervenes to stablise rupiah -c.bank deputy

20/07 Indonesia's deputy central bank governor Mirza Adityaswara said that Bank Indonesia had intervened in the bond and foreign exchange markets on Friday to stablise the rupiah currency.. . .  Full story

S.Korean stocks rise as China shares rebound; won edges lower

20/07 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index erased early falls to close higher on Friday as Chinese shares rebounded, while the won inched down on escalating trade war worries. South. . .  Full story

Asian currencies fall on yuan weakness, lingering trade concerns

20/07 China's yuan tumbled to its lowest in more than a year against the dollar after China's central bank lowered its midpoint fix for a seventh straight session, although it reversed most of its losses. . .  Full story

China's yuan turns up, bounces off 1-yr lows as big state banks seen selling dollars

20/07 China's yuan bounced back from more than one-year lows against the U.S. dollar on Friday afternoon, after traders said major state banks sold dollars to prop up the fragile Chinese currency which has been. . .  Full story

Philippine c.bank considering 'strong monetary action' to tame price pressures

20/07 The Philippine central bank is considering "strong monetary action" at its meeting next month to tame inflation and foreign exchange volatility, its governor said on Friday, signalling a third interest rate rise this year.. . .  Full story

Australia, NZ dlrs near 3-week lows on trade worries, steady greenback

20/07 The Australian and New Zealand dollars hovered near recent lows on Friday as the greenback held at a one-year peak and amid worries of an escalation in the ongoing Sino-U.S. trade war.. . .  Full story

S.Korea stocks gain after dollar drops on Trump's comments; won falls

20/07 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index climbed on Friday as the dollar sagged after U.S. President Donald Trump expressed concern about. . .  Full story

Markets rise on U.S. corn export demand, crop worries

19/07 U.S. grain futures rose on Thursday on strong demand for corn and worries that harvests may be smaller than expected due to unfavorable global weather.. . .  Full story

Dollar pares back after Trump comments; world stocks dip

19/07 The U.S. dollar pulled back from year-high levels on Thursday after U.S. President Donald Trump expressed concern about a strong currency, while disappointing earnings reports and escalating trade tensions weighed on stocks.. . .  Full story

Dollar pulls back from one-year high after Trump comments

19/07 The dollar fell from a one-year peak to trade just slightly higher on Thursday after U.S. President Donald Trump expressed concern about a strong currency and the Federal Reserve's interest rate increases.. . .  Full story

Gold dips to one-year low as U.S. dollar firms

19/07 Gold sank to a one-year low on Thursday as the dollar rose after comments from Federal Reserve Chairman Jerome Powell that reaffirmed expectations more U.S. interest rate increases are on the way this year.. . .  Full story

Trump says 'not thrilled' about U.S. interest rate hikes

19/07 U.S. President Donald Trump on Thursday told CNBC that he was unhappy about the Federal Reserve's decision to hike interest rates, saying he was concerned about their potential impact on the U.S. economy and American. . .  Full story