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…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
Euro and British Pound Gain Traction as Investors Anticipate Us Employment Report
Investors are favoring the euro and British pound today, Friday, as they await the US employment report that may indicate…
Dollar edges higher ahead of key U.S. payrolls release
Investing.com - The U.S. dollar traded higher Friday, on course for another positive week, ahead of the release of the…
Goldman Sachs monitors USD/JPY volatility amid intervention speculations
In recent days, Goldman Sachs has been closely observing the erratic behavior of the currency pair, which has been characterized…
US dollar’s rally supercharged by soaring real yields on Treasuries
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Surging U.S. real yields are aiding the dollar's rebound, rewarding bullish investors…
Exclusive-Iraq to end all dollar cash withdrawals by Jan. 1 2024 – central bank official
By Timour Azhari BAGHDAD (Reuters) -Iraq will ban cash withdrawals and transactions in U.S dollars as of Jan. 1 2024…
India Joins JP Morgan’s GBI-EM, Predicts $23 Billion Forex Inflow
In a significant development for the Indian economy, Finance Minister Nirmala Sitharaman announced on Thursday that the country has been…
Dollar slips from highs as yields retreat; euro edges higher
Investing.com - The U.S. dollar edged lower Thursday after weak employment data resulted in a moderation in U.S. Treasury yields,…
South Africa central bank won’t defend depreciating rand- Kganyago
By Kopano Gumbi JOHANNESBURG (Reuters) -South Africa's central bank Governor Lesetja Kganyago said on Thursday that the bank would not…
Russian rouble hovers close to 100 vs dollar
(Reuters) - The Russian rouble hovered around 99.5 to the dollar on Thursday, struggling to pull away from the 100…
Bearish bets on Asian currencies firm on hawkish Fed rhetoric, rate woes – Reuters poll
By Roushni Nair (Reuters) - Bearish bets on most Asian currencies were raised, a Reuters poll found on Thursday, as…
BOJ data suggests mysterious yen spike wasn’t intervention
By Kevin Buckland TOKYO (Reuters) - The Bank of Japan's money market data indicated on Thursday that a mysterious spike…
Canadian dollar seen rebounding as U.S. ties anchor domestic economy: Reuters poll
By Fergal Smith TORONTO (Reuters) - Analysts are sticking to their bullish forecasts on the Canadian dollar for the coming…
Undeterred by dollar’s renewed strength, analysts see weakness ahead – Reuters poll
By Hari Kishan BENGALURU (Reuters) - Foreign exchange strategists are sticking with their forecasts for a weaker dollar despite having…
Yen gets reprieve as dollar dented by private payrolls report
By Brigid Riley TOKYO (Reuters) - The yen received some much needed relief on Thursday as the dollar settled back…
GBP/USD pair battles headwinds from hawkish Fed and BoE’s rate hike pause
The currency pair has been grappling with a variety of factors during Thursday's Asian trading session, including USD dynamics, the…
Indian rupee to trade in tight range as RBI keeps intervening – Reuters poll
By Milounee Purohit BENGALURU (Reuters) - The Indian rupee will trade in a tight range over the coming months as…
RBI Intervenes in Forex Market to Stabilize Rupee Amid Rising Us Treasury Yields
The Reserve Bank of India (RBI) has stepped into the forex market this Wednesday, potentially employing a Sell Buy Swap…
BOJ data suggests there was no forex intervention on Tuesday
TOKYO (Reuters) -The Bank of Japan's money market data showed on Wednesday that Japan likely did not intervene in the…