Analysis-Cheap yuan catapults China to second-biggest trade funding currency By Reuters
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By Samuel Shen and Rae Wee SHANGHAI/SINGAPORE (Reuters) – Global companies are making a beeline for China’s debt markets, issuing record amounts…
Dollar edges higher, but set for sharp weekly loss as inflationary pressures ease By Investing.com
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Investing.com – The U.S. dollar edged higher in early European trade Friday, but was heading for a sharp weekly loss after cooling…
Naira sees mixed performance amid Nigeria's forex liquidity challenges By Investing.com
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Nigeria’s currency, the Naira, experienced a turbulent week with significant fluctuations across different exchange platforms. Amidst ongoing liquidity issues and a lack…
Binance to halt Russian Ruble trading pairs and exit market By Investing.com
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NEW YORK – Binance, the world’s leading cryptocurrency exchange, is set to remove several spot trading pairs involving the Russian (RUB), including…
Pakistani rupee rallies following IMF agreement and easing import pressures By Investing.com
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ISLAMABAD – The Pakistani rupee experienced a notable improvement in the inter-bank market, appreciating to close at 286.50 against the dollar, marking…
India's forex reserves drop by $462 million to $590.321 billion By Investing.com
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NEW DELHI – The Reserve Bank of India (RBI) has reported a decline in India’s foreign exchange reserves, with a net decrease…
By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) – The dollar posted its second-steepest weekly decline versus other major currencies this…
Asia FX rallies as dollar sinks on growing Fed pause bets By Investing.com
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Investing.com– Most Asian currencies firmed sharply on Monday, tracking extended declines in the dollar amid increasing bets that the Federal Reserve was…
Yuan and Aussie dollar hit three-month highs as U.S. dollar weakens By Investing.com
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LONDON – The yuan and Australian dollar ascended to three-month peaks today, buoyed by strategic moves from China’s central bank and a…
Investing.com – The U.S. dollar fell to a more than two-month low in early European trade Monday, adding to last week’s sharp…