EUROP

Sterling hits record low but rebounds as markets keep close eye on BoE

Woman holds British pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/ Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 26 (Reuters) – Sterling skidded to an all-time low against the dollar before recovering on Monday, as investors waited to see if the Bank of England will intervene to calm …

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Oil prices fall for a second day on concerns for expected recession

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 26 (Reuters) – Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by …

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Sterling crumbles to record low, dollar soars on UK fiscal angst

Woman holds British pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/ Register now for FREE unlimited access to Reuters.com Register TOKYO, Sept 26 (Reuters) – Sterling tumbled to a record trough on Monday as traders scampered for the exits on speculation the new government’s economic plan will stretch Britain’s finances to the …

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Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates

BOJ keeps ultra-low rates, dovish policy guidance Japan’s FX diplomat said took ‘decisive’ action Confirmation of intervention sends dollar sliding over 2% Analysts doubt whether Tokyo can keep propping up yen Bank of Canada says did not help BOJ TOKYO, Sept 22 (Reuters) – Japan intervened in the foreign exchange market on Thursday to buy …

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Bank of England raises rates to 2.25%, despite likely recession

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 22 (Reuters) – The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and said it would continue to “respond forcefully, as necessary” to inflation, despite the economy entering recession. The BoE estimates Britain’s economy will shrink 0.1% in …

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EXCLUSIVE Qatar planning for World Cup fans to avoid prosecution for minor offences – Sources

Soccer Football – FIFA World Cup Qatar 2022 Stadium Preview – Ahmed bin Ali Stadium, Al Rayyan, Qatar – September 1, 2022 General view inside the stadium ahead of the World Cup REUTERS/Mohammed Dabbous Register now for FREE unlimited access to Reuters.com Register Qatar tries to balance religious tradition, World Cup fervor Embassies have warned …

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Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Register now for FREE unlimited access to Reuters.com Register Dollar index at two-decade high Euro slides back toward two-decade lows Putin announces partial troop mobilization for Ukraine Markets gauging Fed hawkishness in Powell briefing LONDON/NEW YORK, Sept 21 (Reuters) – The dollar surged to a new two-decade high on Wednesday just ahead of another expected …

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Stocks fall, bonds and gold gain as Russia threats add to Fed jitters

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Stocks fell, while safe havens such as government bonds and the dollar rose, as anxious investors fled risk assets after Russian President Vladimir Putin on Wednesday ordered a mobilization over Ukraine and accused the West of “nuclear blackmail” . European currencies …

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