Dollar to stay bright this year before fading in 2024, Reuters poll of analysts shows

Dollar to stay bright this year before fading in 2024, Reuters poll of analysts shows

A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey October 12, 2021. REUTERS/Cagla Gurdogan Acquire Licensing Rights BENGALURU, Sept 7 (Reuters) – The dollar’s strength will be difficult to overcome for most major currencies by year-end, according to a Reuters poll of forex strategists who said the risks to … Read more

US economy grew modestly in recent weeks, Fed survey shows

US economy grew modestly in recent weeks, Fed survey shows

[1/2]A person arranges groceries in El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger Acquire Licensing Rights Sept 6 (Reuters) – U.S. economic growth was modest amid a cooling labor market and slowing inflation pressures in July and August, a Federal Reserve report published on Wednesday showed, … Read more

Domino effect: India rice export ban puts market on edge for copycat curbs

Domino effect: India rice export ban puts market on edge for copycat curbs

India’s rice export ban leaves 10 mln T of world supply gap Rival rice suppliers could raise exports by 3 mln T Other producers may limit exports as local prices rally Tighter global supplies to heighten food inflation worries MUMBAI, Aug 11 (Reuters) – India’s rice export ban has the world market bracing for similar … Read more

Endgame for Fed’s tightening cycle challenged by easing financial conditions

Endgame for Fed’s tightening cycle challenged by easing financial conditions

July 28 (Reuters) – (This July 28 story has been refiled to remove the garbling in paragraph 2) Less tight financial conditions as exhibited by the red-hot stock market may increase the chances that the Federal Reserve hikes rates again before the end of the year, some economists reckon, even as financial markets put little … Read more