USD/JPY: Looking Precarious Seeking Alpha We observed another leg of USD weakness late last week post the European Central Bank meeting on Thursday, where Draghi appeared nonchalant about the recent surge in Euro strength during the press conference, while revealing that the central bank wil...
Rupee sprints to 1-mth high of 63.78 vs US dollar Moneycontrol The broad-based US dollar sell-off remained a key theme during forex session on Friday. | Steering its spectacular run for the third straight session, the rupee today surged by 27 paise to hit a fresh one-month high of 63.78 against the dollar as the...
PBOC Sets Yuan Parity At 6.5032 Vs. Dollar, 10th Straight Gain Seeking Alpha The People's Bank of China set the yuan midpoint at 6.5032 against the dollar on Friday, compared to the previous close of 6.4850, marking the 10th straight stronger fixing and the highest level since May 12, 2016. | The China Foreign Exchange Trade ...
Venezuela’s Maduro says will shun US dollar in favor of yuan, others The Himalayan CARACAS: Venezuelan President Nicolas Maduro said on Thursday his cash-strapped country would seek to “free” itself from the US dollar next week, using the weakest of two official foreign exchange regimes and a basket of currencies. | Maduro was ...
Dollar Wobbles Like A Bop Bag Seeking Alpha By Stephen Innes | A further escalation of the North Korea set of circumstances as another missile test looms, coupled with both Russia and China expressing little appetite to concede to strong sanctions, has left the global markets engulfed by geopo...
Nigeria: Naira Appreciates Against Dollar All Africa [Premium Times] The Naira on Tuesday appreciated against the dollar at the parallel market, the News Agency of Nigeria, NAN, reports. ... ...
Rupee opens 6 paise lower at 64.10 against US dollar Moneycontrol The Indian rupee depreciated further in opening trade Tuesday on dollar demand. | Moneycontrol News | The Indian rupee depreciated further in opening trade Tuesday on dollar demand. It started off trade at 64.10 a dollar, down 6 paise compared to pre...
Deutsche Bank CEO urges ECB to end cheap money era Market Watch FRANKFURT--The head of Germany's largest bank said Wednesday the European Central Bank should begin the process of ending its very accommodative monetary policy, regardless of the strength of the euro. | Speaking at a banking conference organized by German newspaper Handelsblatt, John Cryan, Deutsche Bank's chief executive, said that while cheap mo...
U.S. stocks, yields, dollar, slip on North Korea jitters Sify By Hilary Russ | NEW YORK (Reuters) - Wall Street stocks fell on Tuesday, Treasury yields recorded their steepest one-day drop since May and the dollar slipped as investors shied away from risk following North Korea's biggest nuclear bomb test yet. | The drop in major U.S. markets, which had been closed for Monday's Labor Day holiday, followed that...
