Poll and Economic Data Correspondent, Asia, Singapore
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Oct 21, 2013

Companies step up FX hedging after big moves in EM, dollar

LONDON, Oct 21 (Reuters) – After months of volatility in
emerging market currencies and deep uncertainty over the outlook
for the dollar, bruised companies have stepped up hedging of
their foreign exchange exposure.

Providers of protection against big moves in currencies,
which can play havoc with budget plans and eat into corporate
profits, say business is up. But some say firms that have not
yet hedged against FX volatility may have missed the boat.

Oct 18, 2013

Sterling trades near two-week high versus struggling dollar

LONDON (Reuters) – Sterling traded near a two-week high against the dollar on Friday, supported by strong British data and as the greenback fell on worries about the economic impact of the U.S. government shutdown.

The pound was up 0.1 percent at $1.6189, having hit $1.6195 earlier – its highest level since October 3. It had risen 1.3 percent in the previous session which was its second-biggest daily gain in 2013.

Oct 16, 2013

Dollar higher against yen on U.S. debt deal prospects

LONDON (Reuters) – The dollar rose against the yen on Wednesday on renewed assurances from U.S. lawmakers that a deal to avert a U.S. default and reopen the partially-shut government was within reach.

Officials said an agreement to lift the government’s $16.7 trillion borrowing limit was near late on Tuesday after two separate legislative efforts in the House were buried by Republican rebellions, fraying market nerves.

Oct 16, 2013

Dollar rises versus yen on bets of a U.S. debt deal

LONDON (Reuters) – The dollar rose against the yen on Wednesday after U.S. lawmakers gave renewed assurances a deal to avert a U.S. default was in reach at the end of a chaotic day in Washington.

Officials said an agreement to lift the government’s $16.7 trillion borrowing limit was near late on Tuesday after two separate legislative efforts in the House were buried by Republican rebellions, fraying market nerves.

Oct 15, 2013

Sterling struggles vs. firm dollar on prospect of U.S. debt deal

LONDON (Reuters) – Sterling fell against a firmer dollar on Tuesday as U.S. senators signalled they were close to a deal to reopen the U.S. government and avert an immediate debt default.

The pound rose earlier after British inflation data came in slightly higher than expected which lent some support to the view that the Bank of England would hold off pumping in more stimulus into the economy.

Oct 14, 2013

Elusive U.S. debt deal pushes dollar lower versus yen

LONDON (Reuters) – The dollar slipped on Monday and the yen gained from safe-haven demand over concerns the United States might default on its debt as lawmakers struggled to reach a deal before this week’s deadline.

The dollar slipped 0.3 percent to 98.25 yen, having touched a low of about 98.05 yen earlier in the day. The dollar retreated from a near two-week high of 98.60 yen set on Friday.

Oct 14, 2013
Oct 14, 2013
Oct 14, 2013
Oct 13, 2013
    • About Anooja

      "Six years in Reuters covering macroeconomics and polling mainly for the G7, parts of Africa and the Gulf. Presently looking after polls and economic data coverage and writing about the exciting and complex economies of Asia. Have worked in Bangalore and Singapore."
      Joined Reuters:
      2005
      Languages:
      English, Hindi
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