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230 posts

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Currencies

Currencies

Dollar's reserve currency status depends on U.S. controlling spending, 'bond king' Gundlach warns

By Press Room
October 19, 2023
1 Mins read
Currencies

ECB starts preparation for digital euro in multi-year project

By Press Room
October 19, 2023
2 Mins read
By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank took a further step on Wednesday towards launching a digital version of…
Currencies

Asia FX nurses steep losses as dollar firms before Powell speech

By Press Room
October 19, 2023
2 Mins read
Investing.com– Most Asian currencies were muted on Thursday, nursing steep overnight losses as the dollar firmed tracking a spike in Treasury yields…
Currencies

Asian FX bears firm on Middle East tensions, hawkish Fed fears: Reuters poll

By Press Room
October 19, 2023
2 Mins read
By Upasana Singh (Reuters) – Investors maintained bearish bets on most emerging Asian currencies as an escalation of the Middle East conflict…
Currencies

China ramps up yuan internationalisation under Belt and Road Initiative

By Press Room
October 19, 2023
2 Mins read
SHANGHAI/SINGAPORE (Reuters) – China is using loans agreed through its Belt and Road Initiative (BRI) to promote the yuan internationally, having already…
Currencies

ECB's Valimaki: digital euro will not be an investment object

By Press Room
October 19, 2023
1 Mins read
By Anne Kauranen HELSINKI (Reuters) – A digital euro would allow consumers in Europe to pay with central bank money but it…
Currencies

Dollar steady ahead of Fed Chair remarks, underpinned by higher US yields

By Press Room
October 19, 2023
2 Mins read
By Brigid Riley and Alun John TOKYO (Reuters) – The dollar held firm against major currencies on Thursday and gained against more…
Currencies

UK inflation data to impact BoE policy and Pound Sterling volatility

By Press Room
October 19, 2023
1 Mins read
The UK’s Office for National Statistics is scheduled to release the Consumer Price Index (CPI) data for September on Wednesday. The data,…
Currencies

Asia FX creeps higher on China GDP beat, M.East tensions weigh

By Press Room
October 19, 2023
1 Mins read
Investing.com– Most Asian currencies firmed slightly on Wednesday tracking a stronger-than-expected reading on Chinese economic growth, although fears of an escalation in…
Currencies

Naira plummets to record low against US dollar in both markets

By Press Room
October 19, 2023
1 Mins read
The Nigerian Naira experienced a significant drop on Tuesday, hitting an all-time low against the US dollar in both official and parallel…
Currencies

China activates $6.5 billion swap line with Argentina

By Press Room
October 19, 2023
1 Mins read
BUENOS AIRES (Reuters) -Argentina’s central bank said on Wednesday that China has cleared a currency swap line totaling a freely accessible $6.5…
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