Dollar Puts Euro Under Pressure After US Bond Yields Rise

Top Headlines

Dollar Puts Euro Under Pressure After US Bond Yields Rise – Reuters

The US dollar rose to near a two-week high after a rise in US Treasury yields to three percent supported the greenback, while a mixed picture from euro zone business surveys failed to help the single currency at the start of a busy week.

Read More

Sterling Extends Slide After Carney Punctures BoE Rate Hike Bets

Top Headlines

Sterling Extends Slide After Carney Punctures BoE Rate Hike Bets – Reuters

Sterling fell another 0.3 percent to a two-week low after Bank of England governor Mark Carney signalled that the central bank may not rush to raise interest rates in May because economic data was “mixed”.

Read More

Hong Kong and Singapore Step Into Currency Markets

Top Headlines

Hong Kong and Singapore Step Into Currency Markets – Financial Times (subscription)

Hong Kong has begun buying its currency in a rare move that will increase interest rates and add to pressure on its property market, while Singapore has also tightened its monetary policy for the first time in six years.

Read More