DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "John Mccrank Alun John"


3 mentions found


☆ Dollar holds near seven-month lows as traders await inflation data
  + stars: | 2023-01-10 | by ( John Mccrank Alun John | John Mccrank | Alun John | ) www.reuters.com   time to read: +3 min
The euro edged up 0.01% against the greenback to $1.0733 at 10:30 a.m. EST (1530 GMT), just below its seven-month high of $1.07605 hit Monday. Investors now expect rates to peak just under 5% by June, before starting to come down later in the year. The pause in the dollar's decline comes as traders ready themselves for U.S. Consumer Price Index (CPI) inflation data on Thursday. The China-sensitive Australian dollar spiked at a more than four-month peak of $0.6950 in the previous session. The offshore yuan last traded at 6.7878 per dollar, after hitting its strongest in five months of 6.7590 earlier in the session.
☆ Dollar sags as Fed seen tilting less hawkish, euro back above parity
  + stars: | 2022-10-26 | by ( John Mccrank Alun John | John Mccrank | Alun John | ) www.reuters.com   time to read: +3 min
The European common currency rose as high as$1.0048, the highest since Sept. 20, and was last up 0.5% at $1.0019. At 10:35 a.m. EDT (1435 GMT), the dollar was down 0.595% at 110.28 against a basket of six peer currencies. Fed officials have begun sounding out their desire to slow the pace of increases soon, according to a Wall Street Journal report on Friday that caused markets to reprice. The aggressive pace of Fed tightening this year, aimed at taming stubbornly high inflation, has turbo-charged the dollar. The dollar slumped more than 1.3% against China's offshore yuan , while the onshore yuan finished the domestic trading session at 7.1825 per dollar, the strongest close since Oct. 12.
☆ Breakfast in, shopping out: tourists to the U.S. hit by soaring dollar
  + stars: | 2022-09-29 | by ( Noel Randewich John Mccrank Alun John | Noel Randewich | John Mccrank | ) www.reuters.com   time to read: +5 min
"The exchange rate has been the biggest topic of conversation since we got here," said Jeff Skipper, 50, an electrician. Register now for FREE unlimited access to Reuters.com Register"Everything is pretty expensive for us," said Valerie, a 47-year old university administrator. read moreSterling hit a record low of $1.0327 on Monday, having plummeted 20% against the dollar this year. "Now it's one dollar to the pound…It's really hit us," said Colin Taylor, a retired telecoms engineer from the United Kingdom who was also visiting San Francisco with his wife. The dollar index, which measures the greenback against a currency basket, hit a fresh 20-year high of 114.78 on Wednesday.
0 next >>
Total: 3