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FOREX-Dollar, sterling buoyed by US-UK trade deal
Trump announces US-UK trade dealBoE cuts interest ratesMarkets eyeing U.S.-China trade talksDollar clings to gains from Fed rate decisionBy Chibuike Oguh NEW YORK, May 8 (Reuters) - The U.S. dollar gained against the safe-haven yen and Swiss franc on Thursday with market nerves calmed by news of ...Reuters
Thu, May 8
Global central banks diverge as tariff risks hamper US Fed
BoE cuts rates; Norway and Sweden hold rates steady US Fed caught between high inflation and weakening growthTrade uncertainty creates challenging central bank outlookBy Naomi Rovnick LONDON, May 8 (Reuters) - Big central banks are diverging as White House tariffs threaten to raise U.S. inflation...Reuters
Thu, May 8
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.4% lower at C$1.3888 to the greenback, or 72 U.S. cents, after trading in a range of 1.3814 to 1.3898.Canadian government 10-year bond yields CA10YT=RR ro...Reuters
Thu, May 8
RPT-Cryptoverse: As markets question US exceptionalism, bitcoin starts to shine
By Lisa Pauline MattackalMay 8 (Reuters) - It's late to the sell-USA party. But bitcoin is finally reclaiming its place as a big alternative for investors spooked by President Donald Trump's trade war and keen to dump U.S. stocks, Treasuries and the dollar. After an initial tumble to its low...Reuters
Thu, May 8
FOREX-Sterling strengthens after BoE rate decision
BoE cuts rates to 4.25% as it sees tariff hit to growthU.S. and Britain to announce trade deal at 1400 GMTTraders watching Sino-U.S. talks on Saturday in SwitzerlandDollar clings onto Fed-inspired gains from WednesdayBy Linda Pasquini and Kevin Buckland TOKYO/GDANSK May 8 (Reuters) - The pound st...Reuters
Thu, May 8
Cryptoverse: As markets question US exceptionalism, bitcoin starts to shine
By Lisa Pauline MattackalMay 8 (Reuters) - It's late to the sell-USA party. But bitcoin is finally reclaiming its place as a big alternative for investors spooked by President Donald Trump's trade war and keen to dump U.S. stocks, Treasuries and the dollar. After an initial tumble to its low...Reuters
Thu, May 8
BoE's Bailey welcomes potential UK-US trade deal
LONDON, May 8 (Reuters) - Bank of England Governor Andrew Bailey said on Thursday he welcomed news that Britain was poised to strike a trade deal with the United States, saying it will help reduce uncertainty."I very much welcome it, and I think it's very well done to those involved, and the...Reuters
Thu, May 8
Sterling rises even as BoE cuts rates, Britain poised for US trade deal
LONDON, May 8 (Reuters) - The pound rose on Thursday, after the Bank of England delivered a widely expected cut to interest rates, just as Britain was poised to strike a deal with the United States on trade.The BoE cut its main rate by a quarter point to 4.25%, despite an unexpected three-way...Reuters
Thu, May 8
RPT-COLUMN-Europe braces for Transatlantic capital reverse: Mike Dolan
By Mike DolanLONDON, May 8 (Reuters) - Europe may be better prepared to absorb a seismic shift in global investment flows than many assume, as a number of regulatory twists are set to bolster euro market depth.U.S. President Donald Trump's unilateral redrawing of world trade rules is raising the...Reuters
Thu, May 8
Asian banks see big boost to wealth business as currencies rally
Asian currency rally boosts demand for wealth, forex productsTrump's tariffs push investors from U.S. assets to AsiaCurrency volatility drives demand for Asia banks' forex servicesBy Selena Li, Yantoultra Ngui and Anton Bridge HONG KONG/SINGAPORE, May 8 (Reuters) - A sharp rally in Asian...Reuters
Thu, May 8
EXCLUSIVE-Ukraine considers shift from dollar to euro amid geopolitical realignments
Hryvnia, launched in 1996, has used dollar as reference currency EU membership talks shaping Ukraine's currency considerationsUkraine expects $55 billion in external financing for 2025By Karin Strohecker and Olena Harmash LONDON, May 7 (Reuters) - Ukraine is starting to consider a shift away ...Reuters
Thu, May 8
