Category: All Category

23 Jul

Dollar falls broadly on Trump’s currency comments

  By Daniel Leussink TOKYO (Reuters) – The dollar slumped against the yen and other major peers on Monday after U.S. President Donald Trump expressed discomfort with the greenback’s strength and global finance leaders ended a weekend meeting with little consensus on how to resolve multiple disputes over U.S. tariff actions. The dollar extended losses […]

20 Jul

Yuan slumps, dollar on defensive after Trump comments

  By Daniel Leussink TOKYO (Reuters) – The yuan slumped to a more than one year low on Friday while the dollar edged down against major peers after U.S. President Donald Trump expressed concern about the currency’s strength. The yuan fell after China’s central bank set the daily midpoint for onshore trading lower for a […]

20 Jul

ECB preview: The meaning of summer

19 July 2018 Reading time 4 minutes For next week’s meeting, some ECB veterans might long for the good old days when the bank’s summer meeting was held in the form of a teleconference. With little news, ECB President Mario Draghi will simply reiterate the main message of the June meeting In this article What will be […]