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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Citi partners with MAS for blockchain-based FX solution

Citi, a global financial services firm, has announced a partnership with the Monetary Authority of Singapore (MAS) to develop an

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Dollar attempts rebound after inflation-induced losses; sterling weakens

Investing.com - The U.S. dollar edged higher in early European trade Wednesday, attempting a rebound after the previous session’s sharp

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Japan ex-currency tsar sees structural factors behind yen weakness

By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) - A former top Japanese financial official said on Wednesday yen weakness

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Argentina restarts ‘crawling peg’ to let currency weaken for first time since August

By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) - Argentina's central bank allowed the peso to weaken slightly on

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South African rand rallies amid U.S. inflation data and monetary policy shifts

The South African rand has experienced a significant rally Tuesday, driven by a combination of US inflation data and shifts

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US dollar forecast to weaken in 2024 with anticipated Fed rate cuts

WASHINGTON – The US dollar, which has seen a strong performance in the latter half of 2023, is expected to

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Dollar gains on retail sales data, Fed rate cut date unclear

By Herbert Lash NEW YORK (Reuters) -The dollar gained on Wednesday after still strong U.S. retail sales fell less than

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Asia FX dips, dollar recovers as strong data fuels Fed uncertainty

Investing.com-- Most Asian currencies weakened on Thursday, tracking a recovery in the dollar as stronger-than-expected U.S. retail sales data brewed

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Rupee strengthens on US CPI data, Fed rate cut expectations

The Indian Rupee has seen an ascent against the dollar, driven by softening US currency in response to a decrease

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South African rand rally falters amid market consolidation

The South African rand, after experiencing its most significant two-day gain since July earlier this week, has seen its rally

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Dollar edges higher; consolidating after volatile period

Investing.com - The U.S. dollar edged higher in early European trade Thursday, holding its ground after a rebound from sharp

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NZD stabilizes after recent gains, forecast to trade sideways

The New Zealand dollar (NZD) has stabilized after a period of gains, with market analysts from UOB Group suggesting a

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ECB advances digital euro with new preparation phase

BRUSSELS - The European Central Bank (ECB) has commenced the Digital Euro Preparation Phase, marking a significant step forward in

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South African rand gains on US data and Chinese optimism

JOHANNESBURG - The South African rand has seen a notable appreciation against the US dollar, buoyed by a combination of

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Rintaro Tamaki discusses yen intervention limits amid currency weakness

TOKYO - Rintaro Tamaki, who served as Japan's Vice-Minister of Finance for International Affairs from 2009 to 2011, reflected on

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Pound fluctuates after hitting two-month high against dollar

LONDON - The British pound experienced a notable surge earlier this week, reaching a two-month high against the weakening US

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Nigerian naira hits record low against U.S. dollar in official market

LAGOS - Nigeria's currency, the naira, plunged to an unprecedented low of N1,105 to the U.S. dollar in the official

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Bangladesh faces dollar crisis as reserves fall to $19.6 billion

DHAKA - Bangladesh is grappling with a dollar shortage amid the ongoing global economic challenges, with its foreign exchange reserves

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