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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Chinese yuan faces headwinds ahead of Golden Week holiday
The is bracing for the upcoming Golden Week holiday, an event that will lead to a temporary trading halt in…
Bank of Japan’s caution against premature tightening impacts yen
In a recent development, the Bank of Japan (BoJ) is exercising restraint against premature tightening in Japan's monetary ecosystem, as…
Legal fog over central bank digital currencies “unacceptable”, BIS warns
By Marc Jones LONDON (Reuters) - Developing national digital currencies are at risk due to a lack of legal powers…
Mauritius Central Bank in Digital Rupee Experimentation, Reduces FX Market Intervention
The Bank of Mauritius is currently experimenting with the launch of a digital rupee, as confirmed by its Governor Harvesh…
Pre-holiday yuan-dollar trade volume dips, disrupting daily average
The pre-holiday trade volume between the yuan and the dollar has seen a significant drop, causing disruption to the usual…
Dollar steadies at elevated levels; rising yields offer support
Investing.com - The U.S. dollar steadied Wednesday near to new 10-month highs on worries of higher U.S. interest rates, while…
Russia’s yuan adoption may erode dollar dominance, EBRD suggests
In the wake of the ongoing Ukraine war and subsequent sanctions, Russia's adoption of the could potentially undermine long-term dollar…
Mizuho highlights PBOC’s measures to stabilize yuan and curb outflows
In a recent development on Wednesday, Mizuho's analyst Cheung highlighted the People's Bank of China's (PBOC) strong bias towards the…
Surge in yuan-based transactions between Russia and China undermines US dollar’s dominance
The US dollar's dominance is being threatened by an increasing shift towards yuan-based transactions between Russia and China, as per…
Asia FX muted; China, Japan currency intervention in focus
Investing.com-- Most Asian currencies kept to a tight range on Wednesday amid continued fears of higher U.S. interest rates, while…
Dollar Strengthens as US Yields Rise, Stock Indices Retreat
The US dollar has seen an uptick against major currencies, including the Euro (EUR), British Pound (GBP), Swiss Franc (CHF),…
German government trims debt sales, signaling reduced financial aid
The German government has announced a reduction in its planned federal debt sales for Q4 2023, marking a significant decrease…
Japan Finance Minister warns markets as yen nears intervention danger zone
By Tetsushi Kajimoto TOKYO (Reuters) -Japan's finance minister said on Tuesday that authorities won't rule out any options in dealing…
South Korea to extend forex trading hours, simplify rules for foreign traders
South Korea is gearing up to implement substantial modifications to its foreign-exchange (forex) trading regulations with the aim of invigorating…
Russian rouble firms against euro, steady vs dollar
(Reuters) - The rouble firmed against the euro on Monday while trading little changed against the dollar, in a week…
Dollar hits 10-month high as US yields spike, yen slides
By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) - The dollar rose to a new 10-month peak on Tuesday as…
Dollar climbs to 10-month highs; another Fed hike eyed
Investing.com - The U.S. dollar rose Tuesday, climbing to 10-month highs after bond yields soared to 16-year peaks amid growing…
India’s inclusion in JP Morgan’s bond index to bolster rupee and attract foreign investment
JP Morgan Chase (NYSE:) & Co's recent announcement to include Indian government bonds in its emerging markets bond index from…