News
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Sterling draws strength from UK retail sales
By Amanda Cooper GDANSK, March 28 (Reuters) - The pound briefly rose on Friday after data showed UK retail sales were surprisingly strong in February, offering some optimism about the resilience of the consumer, while the broader economy barely grew in the fourth quarter.British retail sales unex...Reuters
Fri, Mar 28
Geopolitical angst prompts over 60% of companies to hedge FX for longer, survey shows
By Amanda CooperGDANSK, March 28 (Reuters) - Two out of three companies around the world are planning to change their currency hedges by adding to them, or keeping them for longer in response to growing geopolitical tensions, a survey on Friday from software provider MillTechFX showed.Companies and ...Reuters
Fri, Mar 28
FOREX-Euro dips and dollar ticks higher with inflation, tariffs in focus
By Harry Robertson and Tom Westbrook LONDON/SINGAPORE, March 28 (Reuters) - The euro fell slightly on Friday after European inflation data came in lower than expected and as a U.S. tariff deadline loomed, while the dollar ticked higher as investors waited for U.S. price figures later in the day.D...Reuters
Fri, Mar 28
ANALYSIS-Wall Street straps in for Trump’s tariff reveal; sees no end to fog of uncertainty
S&P 500 set for biggest first-quarter decline since 2022Investors expect heavy volatility after April 2 tariff revealRetaliatory tariffs could make Wall Street's ride even rockierBy Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK, March 28 (Reuters) - U.S. President Donald Trump's sche...Reuters
Fri, Mar 28
India pushes to ease international payments through homegrown network to rival Visa, Mastercard
By Jaspreet Kalra and Nikunj OhriMUMBAI/NEW DELHI, March 28 (Reuters) - India is asking the Financial Action Task Force (FATF), a global money-laundering watchdog, to reduce compliance requirements for cross-border payments made through its homegrown system, several sources familiar with the discuss...Reuters
Fri, Mar 28
Pound Sterling gains as UK Retail Sales surprisingly grew in February
The Pound Sterling (GBP) advances against its major peers on Friday, except the Japanese Yen (JPY), after the release of the United Kingdom (UK) Retail Sales data for February and revised Q4 Gross Domestic Product (GDP) figures.Fxstreet
Fri, Mar 28
