Analysis: Currencies

Currencies: dollar at a turning point

With the shutdown now a thing of the past, one of the recent supports for the dollar may have disappeared with it. We should have some answers this week with the release of the latest US inflation...

German exports get welcome boost from Eastern Europe, says business group

BERLIN -Germany's export business, struggling under high U.S. tariffs and a slump in China, got a welcome shot in the arm from trade with Eastern Europe in the first nine months of this year,...

New reflationist members at Japan's top economic panel push for big stimulus

TOKYO -Two newly appointed members of the Japanese government's top economic panel called on Wednesday for an economic stimulus package larger than last year's, highlighting a stronger reflationist...

Berlin to set aside 7.6 billion euros for TenneT Germany as it considers 25.1% stake

BERLIN -The German government is considering acquiring a 25.1% minority stake in electricity grid operator TenneT's German unit, an economy ministry spokesperson said on Wednesday, for which it plans...

Rumors rife about Starmer's future in London

Rumors about the future of the British Prime Minister and poor employment figures have reinforced the prospect of a rate cut in December. Gilt yields and the pound sterling are falling.

Yen stablecoin issuer predicts growing presence in Japan's bond market

TOKYO -Stablecoin issuers could become major buyers of Japanese government bonds in several years and influence the central bank's control over monetary policy, the head of Japan's first domestic...

Trump says 50-year mortgages would be no 'big deal'

WASHINGTON -U.S. President Donald Trump downplayed efforts to offer a 50-year mortgage as a way to make owning a house more affordable than with typical 30-year loans, even as homeowners would pay...

Biggest IKEA retailer reports profit rise as it tries to sway budget-conscious buyers

STOCKHOLM/LONDON -The world's biggest retailer of IKEA furniture reported a rise in annual profit on Tuesday, while it tries to bring back cash-strapped consumers, and said it had raised prices in...

Global investment houses eye Chinese yuan rise past key 7 mark in 2026

SHANGHAI -Some investment houses expect the Chinese yuan to strengthen beyond the psychologically critical 7-yuan-per-dollar mark for the first time since 2023 next year, underpinned by narrowing...

What is climate finance and why does it matter?

BELEM, Brazil -Countries trying to shift to clean energy while also preparing for extreme weather and other impacts in a warmer world will need money - a lot of it. As the costs and risks of global...

US consumer watchdog says it is legally blocked from accessing funds

WASHINGTON -The top U.S. consumer watchdog said on Monday it was legally prohibited from drawing cash from the Federal Reserve to support continuing operations, but that its current funding should...

India trade delegation to visit Moscow as U.S. tariffs hit exports

NEW DELHI -A large delegation of Indian exporters will start a four-day visit to Moscow on Tuesday, a senior trade body official said, part of New Delhi's push to diversify export markets amid the...

ECB's rates at right level barring deviations, ECB VP says

FRANKFURT -The European Central Bank's interest rates are at the appropriate level barring changes in the economic situation, the ECB's Vice President Luis de Guindos said in an interview published...

European business braces for greater impact from US tariffs in 2026

BRUSSELS -European business sees a far greater impact in 2026 from U.S. tariffs and other trade tensions than in 2025, when front-loading mitigated the consequences, a survey by BusinessEurope showed...

BOJ saw growing case for near-term rate hike, October meeting summary shows

TOKYO -Bank of Japan policymakers saw a growing case to raise interest rates in the near term, with some calling for the need to ensure companies' wage-hike momentum will be sustained, a summary of...

BOJ debated likelihood of near-term rate hike, October meeting summary shows

TOKYO -Bank of Japan policymakers saw a growing case to raise interest rates in the near term, with some calling for the need to ensure companies' wage-hike momentum will be sustained, a summary of...

Hungary gets exemption from US sanctions over Russian energy use, White House official says

WASHINGTON -The United States has granted Hungary a one-year exemption from sanctions connected to using Russian energy, a White House official said on Friday. ...

Canada's job market posts surprise expansion in October, unemployment falls

OTTAWA -Canada's job market made a surprise gain in October, reversing past declines, and its unemployment rate fell, data showed on Friday, a bright spot in a country that has suffered from U.S....

More 'bumps in the road' likely as Bank of England shrinks balance sheet, official says

LONDON -Money markets are likely to see more bumps in the road as the Bank of England reduces its balance sheet, but BoE liquidity facilities are working well to smooth them, a senior official said...