ECB weighs lifting rates to record high even as economy slows
A shopper pays with a ten Euro bank note at a local market in Nice, France, June 7, 2022. REUTERS/Eric...
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Euro rises from near 3-month low before ECB; Aussie jumps
U.S. Dollar and Euro notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsTOKYO,...
China asks big banks to stagger and adjust dollar purchases – sources
U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Twenty years after euro “No” vote, Swedes fret over weak crown
Swedish crown has lost 17.5% against euro in 18 monthsInflation impact could mean higher interest rates for longerWeakness a mystery...
S&P 500, Nasdaq gain, Treasury yields dip as data firms Fed pause bets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023....
Peak China gloom or geopolitical quagmire?
LONDON, Sept 13 (Reuters) - Whether China has become "uninvestable" or not, avoidance of the world's second-largest economy suggests the economic and political risks there have simply become too hard to assess.U.S. Commerce Secretary Gina Raimondo's trip to China last month had promised some economic and trade detente between the two superpowers now at loggerheads. But it was quickly defined by her comment that more and more U.S. firms see China as "uninvestable" amid spying, fines, raids and other risks.While bricks-and-mortar investment, supply-chain exposure and stock listings have been under...
Sterling weakens as UK economy shrinks more than expected
UK pound coins plunge into water coloured with the European Union flag colours in this illustration picture, October 26, 2017....
Dollar steady ahead of key US inflation data, yen retraces gains
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsTOKYO, Sept 13...
US exceptionalism thwarts dollar bears but Fed test looms
NEW YORK, Sept 12 (Reuters) - Resilient U.S. growth is fueling another rebound in the dollar and sending bearish investors...
Co-founder of fake cryptocurrency scheme sentenced to 20 years in US prison
Sept 12 (Reuters) - A federal judge in New York sentenced the co-founder of the purported cryptocurrency OneCoin to 20 years in prison on Tuesday for what prosecutors called a $4 billion fraud.U.S. District Judge Edgardo Ramos in Manhattan sentenced Karl Sebastian Greenwood, a dual citizen of Sweden and the United Kingdom, who pleaded guilty to fraud and money laundering charges in December 2022.Ramos also ordered Greenwood to forfeit $300 million.Greenwood has been detained in New York since his 2018 arrest in Thailand and extradition to the United States over...