British pound slumps to four-month low against greenback after Brexit talks break-up
The British pound remained on the back foot versus a basket of major peer currencies into Friday's session, as Brexit jitters continue to dent investor sentiment.
Currencies
Brazilian real to turn unstable due to pension reform
The Brazilian real will turn more unstable as it becomes increasingly exposed to a pending discussion of a plan to overhaul the country’s costly social security system that is proving hard to sell in a divided Congress, a Reuters poll showed.
Yen advances on new trade tensions, growth worries
The Japanese yen gained on Tuesday (April 9) as traders favoured the safe-haven currency after the US announced it was considering tariffs on $11 billion of selected EU goods and the International Monetary Fund cut its global growth forecast for 2019 to 3.3% from 3.5%.
China has $3.090 trillion in foreign exchange reserves
Chinese foreign exchange reserves, the world’s largest, rose by $2.26 billion from a month earlier to $3.090 trillion in February 2019, data from the People's Bank of China (PBOC) showed, beating market expectations of $3.087 trillion and marking the highest level since A
Czech coruna set to strengthen against the euro
The Czech coruna is expected to gain almost 2 percent against the euro in the coming year as the Czech National Bank (CNB), Central Europe’s most hawkish, keeps raising interest rates to fight inflation, a Reuters poll predicted.
NBS: Serbian dinar to remain steady against eurozone's currency
The Serbian dinar (RSD) will remain steady against the single currency on Tuesday, making the official medium exchange rate RSD 118.2437 for one euro, the National Bank of Serbia (NBS) said in a statement.
Swedish Krona rallies after Riksbank sticks to interest rate rise path
The krona rallied on Wednesday (Feb.13) after Sveriges Riksbank, the world's oldest central bank, held its benchmark repo rate.
Australian dollar slides amid yuan devaluation
China's currency was headed for its worst daily decline in over five months on Friday after newly-disappointing data out of the world's second-largest economy damaged risk sentiment and weighed on the Australian dollar.
Romanian leu hits new negative record against euro
Romania's national currency, the Leu (RON), weakened to an all-time low against the euro on Wednesday (Jan. 9), a day after the central bank (BNR) decided to maintain its benchmark rate unchanged.
Dollar drops as investor caution grows ahead of Fed's final meeting for 2018
The dollar fell to a one-week low on Tuesday as investors awaited the U.S. Federal Reserve's decision on interest rates.
