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NEW YORK (Reuters) – The U.S. dollar climbed against the euro and sterling on Wednesday, starting the new year on a strong footing, but edged lower against the safe-haven Japanese yen as investors remained wary of slowing global growth and volatile equity markets. Weak manufacturing data from Spain, France, Italy, and Germany, sent the euro […]

LONDON (Reuters) – A gradual rise by the Japanese yen in recent weeks culminated in a dramatic overnight surge — firing a warning shot for world markets and the global economy in 2019. Historically, outsizes yen gains in short periods, such as the Russian default in 1998 and the global market meltdown in 2008, are […]

NEW YORK (Reuters) – The U.S. dollar slipped against the euro on Friday, giving up all the gains logged after a robust U.S. jobs report, following comments from Federal Reserve Chairman Jerome Powell that the U.S. central bank will be sensitive to the downside risks the market is pricing in. “We will be patient as […]