Currencies

Dollar bounces before inflation data, bitcoin hits two-year high By Reuters

By Karen Brettell NEW YORK (Reuters) -The dollar jumped against the euro and yen on Wednesday as investors positioned for U.S. and European inflation data

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ECB in Two-Year Preparation for Potential Digital Euro Launch

The European Central Bank (ECB) has embarked on a two-year preparation phase for its potential digital euro project. The focus

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Naira depreciates further, residents stockpile dollars amid currency market turmoil

In a significant development, Nigeria's currency, the naira, depreciated by nearly 5% against the US dollar in the parallel market.

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US dollar undervalued despite high yields, says Credit Agricole

Credit Agricole (OTC:) highlighted an unusual divergence in the financial markets on Wednesday. Despite US 2-year rates and 10-year yields

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Asia FX nurses steep losses as dollar firms before Powell speech

Investing.com-- Most Asian currencies were muted on Thursday, nursing steep overnight losses as the dollar firmed tracking a spike in

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

By Upasana Singh (Reuters) - Investors maintained bearish bets on most emerging Asian currencies as an escalation of the Middle

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China ramps up yuan internationalisation under Belt and Road Initiative

SHANGHAI/SINGAPORE (Reuters) - China is using loans agreed through its Belt and Road Initiative (BRI) to promote the yuan internationally,

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

By Anne Kauranen HELSINKI (Reuters) - A digital euro would allow consumers in Europe to pay with central bank money

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

By Brigid Riley and Alun John TOKYO (Reuters) - The dollar held firm against major currencies on Thursday and gained

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India cenbank sold net $3.86 billion in spot forex market in August – bulletin

MUMBAI (Reuters) - The Reserve Bank of India (RBI) sold a net $3.86 billion in the spot foreign exchange market

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Dollar dips on dovish Powell comments

By Karen Brettell NEW YORK (Reuters) - The dollar dropped on Thursday after Federal Reserve Chair Jerome Powell was interpreted

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Nigeria’s naira hits record low of 980 per dollar on official market -Refinitiv data

ABUJA (Reuters) -Nigeria's naira hit a record low of 980 per dollar on the official market on Tuesday, Refinitiv data

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Japan finance minister: No comment on IMF remarks on FX intervention

By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki on Tuesday declined to comment on remarks by an International

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Dollar nudges higher as investors eye Powell speech, yen on intervention watch

By Samuel Indyk and Ankur Banerjee LONDON (Reuters) - The U.S. dollar swayed in a tight range on Tuesday as

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Kenyan shilling hits record low against US dollar, impacting markets

On Tuesday, the Kenyan shilling fell to a historic low against the US dollar, with the Central Bank of Kenya

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Japan ruling LDP offers proposals for Kishida’s economic package, but no income tax cuts

TOKYO (Reuters) - Lawmakers from Japan's ruling Liberal Democratic Party (LDP) gave a list of proposals to Prime Minister Fumio

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Asia FX edges lower as dollar finds footing before more economic cues

Investing.com-- Most Asian currencies fell slightly on Tuesday as demand for the dollar remained steady before several major U.S. economic

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Poland’s zloty strengthens amid political shift

Poland's currency, the zloty, appreciated against major currencies including the euro, dollar, Swiss franc, and British pound on Monday. This

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Asia FX muted, dollar retreats with Israel-Hamas war in focus

Investing.com-- Most Asian currencies fell slightly on Monday,  while the dollar retreated from recent peaks as investors continued to fret

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