News
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REFILE-FOREX-Dollar weakens against yen, Swiss franc amid tariff worries
Investors buy safe-haven yen and Swiss franc Yen hovers at five-month highEuro firm after best week in 16 years By Chibuike Oguh, Yadarisa Shabong and Ankur Banerjee NEW YORK, March 10 (Reuters) - The U.S. dollar weakened against the Japanese yen and the Swiss franc on Monday as markets grappled ...Reuters
Mon, Mar 10
EUR/JPY slumps to near 159.00 as Japanese Yen strengthens amid safe-haven demand
The EUR/JPY pair falls sharply to near 159.00 in European trading hours on Monday. The pair faces sharp selling pressure as the Japanese Yen (JPY) outperforms across the board amid dismal market sentiment.Deepening doubts over the United States (US) economic outlook under the administration of...
Fxstreet
Mon, Mar 10
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.3% lower at C$1.4419 to the greenback, or 69.35 U.S. cents, after trading in a range of 1.4354 to 1.4423.Canadian government 10-year bond yields CA10YT=RR f...Reuters
Mon, Mar 10
Tariff and growth worries boost safe-haven yen, Swiss franc
March 10 (Reuters) - The Japanese yen and Swiss franc strengthened against the dollar on Monday, as traders flocked to safe-haven currencies due to lingering worries over tariffs and a U.S. economic slowdown, while the euro added to gains after a strong run last week.
Lloyd’s posts 2024 combined ratio of 86.9%, GWP tops 55.5 billion pounds
GWP increases 6.5% to 55.5 billion poundsUnderwriting profit down 10.2% to 5.3 billion poundsCombined ratio deteriorates 2.9 points to 86.9%Underlying combined ratio improves 1.4 points to 79.1%California wildfire loss estimate of $2.3 billionBy Ryan HewlettMarch 10 - (The Insurer) - Lloyd’s announc...Reuters
Mon, Mar 10
British pound extends losses versus euro, steadies against dollar
By Yadarisa Shabong March 10 (Reuters) - The British pound further eased against the euro and hovered at one-and-a-half month lows on Monday following its biggest weekly loss in over two years versus the shared currency, though it steadied against the U.S. dollar.The euro has had a strong run ove...Reuters
Mon, Mar 10
EUR/GBP to trade at 0.81 in 12 months – Danske Bank
EUR/GBP rose sharply last week fuelled by the sell-off in European fixed income, which was triggered by the outlook of a fundamental change in fiscal spending in Germany, lending support to the broad EUR, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.Fxstreet
Mon, Mar 10
USD/JPY hits the soft target of 147 – Danske Bank
USD/JPY has steadily declined from 157 to around 148 YTD, as narrowing US-Japan yield differentials and a volatile global investment environment have generally favoured the JPY, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.Fxstreet
Mon, Mar 10
EUR/USD: Focus shifts toward cyclical US growth – Danske Bank
EUR/USD has stabilized in the 1.08-1.09 range after a highly volatile week, marking its biggest jump since 2009 following a regime shift in euro area fiscal policy, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.Fxstreet
Mon, Mar 10
ANALYSIS-German spending boost to leave lasting impact on world bond markets
Investors excited by German spending boost, more bond sales10-year Bund yield rose the most in a week since 1990Yields seen reaching levels not sustained since before 2009Higher German yields have knock on effects on yields globallyBy Alun John, Tom Westbrook and Dhara Ranasinghe LONDON/SINGAPORE...Reuters
Mon, Mar 10
