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  • Swedish textile recycler Syre to partner with Gap, Target as demand for sustainable clothing grows
    June 24, 2025
  • Uber stock rises as Waymo autonomous rides launch in Atlanta
    June 24, 2025
  • Uber, Waymo launch autonomous ride-hailing service in Atlanta
    June 24, 2025
  • January 10, 2025

UK fiscal position is sterling's "Achilles' Heel" - BoA

- The recent surge in UK gilt yields has highlighted the fragility of sentiment towards the country’s fiscal position, said Bank of America, which remains the...

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  • January 10, 2025

Dollar retains strength ahead of payrolls; sterling slips again

- The US dollar edged higher Friday, holding on to recent gains ahead of the release of the highly influential monthly jobs report, while sterling continued to...

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  • January 9, 2025

Asia FX weakens with dollar near 2-year peak ahead of payrolls data

-- Most Asian currencies weakened on Friday, while the dollar sat near its strongest level in over two years as traders braced for a potentially strong nonfarm...

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  • January 9, 2025

UK government debt yields reach highest since 1998 as pound weakens

-- The yield on United Kingdom (TADAWUL:4280) government debt, also known as gilts, reached its highest levels since 1998 on Thursday, while the British pound...

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  • January 9, 2025

BofA sees stronger dollar in 2025, euro and franc to lag

Bank of America analysts revised their long-term forecasts for the U.S. dollar, now anticipating a stronger performance through the end of 2025. The revised outlook comes after the...

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  • January 9, 2025

Firm dollar adds pressure to sterling and euro

By Ankur Banerjee and Greta Rosen Fondahn (Reuters) -The U.S. dollar drew strength from rising Treasury yields on Thursday, adding pressure to the pound and euro, while the yen...

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  • January 9, 2025

Sterling slumps to new low; gilt yields soar

- The British pound slumped to its lowest level in over a year Thursday, weighing by falling confidence in the country’s fiscal outlook amid soaring borrowing...

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  • January 9, 2025

Hong Kong sees no need to change US dollar-pegged currency system

HONG KONG/SHANGHAI (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the...

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  • January 9, 2025

Brazil's real seen more stable; to trade close to 6 per U.S. dollar at end-2025: Reuters poll

By Gabriel Burin BUENOS AIRES (Reuters) - Brazil's real currency is forecast to trade slightly stronger, at around 6 per U.S. dollar at the end of 2025 following a punishing year...

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  • January 9, 2025

Dollar stable, underpinned by rising yields, hawkish Fed minutes

- The US dollar steadied Thursday, underpinned by rising Treasury yields after hawkish comments from the Federal Reserve and strong economic data furthered bets on a...

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