Sterling languishes as dollar king of the currencies
A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON,...
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Stocks decline, Treasury yields jump as investors weigh rate outlook
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023....
European asset managers reject plans for tigher liquidity rules
LONDON, Sept 5 (Reuters) - Proposals to force open-ended investment funds to hold more liquid assets to cope with a...
Argentina, in dollar love affair, agonizes over divorcing the peso
LONDON/BUENOS AIRES/NEW YORK, Sept 5 (Reuters) - María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a steady devaluation of the little-loved local peso.The peso currency is now in the crosshairs of the country's dark horse presidential front-runner, libertarian radical Javier Milei, who has pledged to eventually scrap the central bank and dollarize the economy, Latin America's third largest.Milei - facing a tight three-way battle with traditional political...
Asian currencies slip as China data disappoints
U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Biden takes shot at Trump on jobs in battleground Pennsylvania
PHILADELPHIA, Sept 4 (Reuters) - U.S. President Joe Biden on Monday took shots at his likely 2024 rival, Donald Trump, in a Labor Day speech aimed at shoring up support in Pennsylvania, a state he needs to win next year to retain the White House.A self-described champion of labor unions, Biden addressed union workers in Philadelphia as he sought to explain his economic policies to a public worried about the economy, despite easing inflation and low unemployment levels."It wasn't that long ago we were losing jobs in this country," Biden...
European shares end flat as China stimulus-driven advances falter
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 1, 2023. REUTERS/Staff/File...
Dollar eases as traders bet Fed is done with rate rises
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/ Acquire Licensing RightsSINGAPORE, Sept 4...
US unemployment rate spikes to 3.8%; labor market still has momentum
Nonfarm payrolls increase 187,000 in AugustUnemployment rate rises to 3.8% from 3.5% in JulyAverage hourly earnings gain 0.2%; up 4.3%...
Russia central bank head not ruling out rate hike, against tighter currency controls
National flag flies over the Russian Central Bank headquarters in Moscow, Russia May 27, 2022. REUTERS/Maxim Shemetov//File Photo Acquire Licensing...
