* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Joice Alves. Sterling fell versus the dollar on Thursday after data showed U.S. retail sales unexpectedly increased in August, while Asian stock losses spooking sentiment also weighed on sterling.
Emerging market currencies took a hit on
Thursday as surprisingly chipper U.S. retail sales data sent the
dollar rising, while stocks followed global markets into the red
on China woes.
The dollar hit a near 3-week high against a basket of currencies on
Thursday after data showed U.S. retail sales unexpectedly increased in August, easing some concerns about a
sharp slowdown in ...
The Canadian dollar edged lower
against its U.S. counterpart on Thursday as oil prices fell and
investors weighed domestic data showing some weakening in
activity.
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E. The dollar climbed to the higher end of recent ranges against other major currencies on Thursday, as traders looked to next week's Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stimulus.
A boom in corporate dealmaking, surging input costs and a focus on short-term cash flows in the pandemic have sent companies rushing to hedge their currency exposures this year, giving a boost to banks that sell foreign exchange products.
* Global dealmaking running at record high this year. * Pandemic uncertainty, rising input costs encourage hedging. * FX boost helping banks to offset lower investor activity. By Saikat Chatterjee and Tommy Wilkes.
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Joice Alves. Sterling rose against the euro and fell versus the dollar on Thursday as traders assessed the Bank of England's next move after data showed British inflation hit a more than nine-year high in August, fuelling expectation of a rate increase.
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E. The dollar traded near the middle of its range of the past month versus major peers on Thursday, as traders looked to next week's Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stimulus.
The dollar languished near the
middle of its range of the past month versus major peers on
Thursday, as traders looked to next week's Federal Reserve
policy meeting for indications on how soon ...
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