Yen lower as BOJ sticks to ultra-easy policy, losses trimmed By Reuters
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration By Samuel Indyk and Ankur Banerjee LONDON (Reuters) – The yen dropped against major currencies on Wednesday after the Bank of Japan maintained ultra-low interest rates, although it recovered some ground on expectations […]
Column-Trapdoor for dollar, red flag for Fed: Mike Dolan By Reuters
2/2 © Reuters. FILE PHOTO: An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo 2/2 By Mike Dolan LONDON (Reuters) – The U.S. dollar’s accelerating decline from the heady highs of 2022 has a ways to go yet – but the speed of the drop may build […]
Foreign investors pour $925 million into Egypt since Wednesday By Reuters
© Reuters. FILE PHOTO: A man counts Egyptian pounds outside a bank in Cairo, Egypt October 24, 2016. REUTERS/Mohamed Abd El Ghany/File Photo CAIRO (Reuters) – Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three days since its currency sharply depreciated last week, Egypt’s central bank said […]
Russia’s central bank sold $47 million worth of Chinese yuan on Jan. 13 By Reuters
© Reuters. Banknotes of Chinese yuan and Russian rouble are seen amid flags of China and Russia in this illustration picture taken September 15, 2022. REUTERS/Florence Lo/Illustration (Reuters) – Russia’s central bank said on Tuesday that it sold almost $47 million worth of on January 13 to buy roubles, as it began to make up […]
BoE sceptical over digital pound as euro zone backs work on digital euro By Reuters
2/2 © Reuters. FILE PHOTO: A general view shows the Bank of England building, in London, Britain November 3, 2022. REUTERS/Toby Melville 2/2 By Huw Jones LONDON (Reuters) – Bank of England Governor Andrew Bailey questioned the need for a digital pound on Monday just as euro zone finance ministers backed further preparatory work on […]
Yen perched near 7-month high as BOJ looms By Reuters
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration By Tom Westbrook SINGAPORE (Reuters) – The dollar drifted off multi-month lows on Tuesday, while the yen was perched near seven-month highs as investors held their breath for a potential policy shift at […]
Morgan Stanley cuts year-end dollar forecast By Reuters
© Reuters. FILE PHOTO: The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego, California September 24, 2013. REUTERS/Mike Blake/File Photo (Reuters) -Morgan Stanley cut its 2023 year-end forecast for the to 98, and expects the greenback’s weakness to be more pronounced against the euro this year as worries […]
Dollar finds its footing near seven-month low, all eyes on yen By Reuters
© Reuters. FILE PHOTO: Examples of Japanese yen banknotes are displayed at a media event in Tokyo, Japan, November 21, 2022. REUTERS/Kim Kyung-Hoon/File Photo By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar started the week on the back foot, hitting a seven-month low against a basket of major peers in Asian trade […]
PBOC is expected to set the USD/CNY reference rate at 6.7090 – Reuters estimate
<p>PBOC CNY reference rate is due around 0115 GMT.</p><p>Heads up for later today:</p><ul><li><a href="https://www.forexlive.com/centralbank/pboc-mlf-liquidity-injection-today-unchanged-rate-expected-but-some-expect-a-small-cut-20230115/" target="_blank" rel="follow" data-article-link="true">PBOC MLF liquidity injection today – unchanged rate expected (but some expect a small cut)</a></li></ul><p>PBOC Governor Yi Gang</p> This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Bitcoin rises 5.6% to $21,044 By Reuters
© Reuters. FILE PHOTO: Bitcoin are seen in this illustration picture taken September 27, 2017. REUTERS/Dado Ruvic/File Photo (Reuters) – rose 5.58% to $21,044 at 2344 GMT on Saturday, adding $1,113 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 27.6% from the year’s low of $16,496 on Jan 1. Ether, […]