Bitcoin rises 5.5% to $19,897 By Reuters
© Reuters. FILE PHOTO: A representation of bitcoin is seen in an illustration picture taken on June 23, 2017. REUTERS/Benoit Tessier/File Photo (Reuters) – rose 5.54% to $19,897 at 22:13 GMT on Friday, adding $1,044 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 20.6% from the year’s low of $16,496 […]
Dollar wobbles as U.S. inflation fuels hopes of slower Fed rate path By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar swayed on Friday, flirting with seven-month lows after a sharp dive overnight as data showed U.S. inflation was slowing, boosting hopes of the Federal Reserve taking its foot […]
Asian FX bulls jump to multi-year highs, spurred by China reopening: Reuters poll By Reuters
© Reuters By Archishma Iyer (Reuters) – Bullish bets on the Thai baht and Chinese yuan hit five-year highs as China’s sharp pivot from its strict COVID-19 curbs boosted investors’ appetite for strengthening long positions in regional currencies, a Reuters poll showed on Thursday. Long positions firmed on nearly all Asian emerging currencies, many of […]
Bitcoin rises 6% to $19,005 By Reuters
© Reuters. FILE PHOTO: A representation of bitcoin is seen in an illustration picture taken on June 23, 2017. REUTERS/Benoit Tessier/File Photo (Reuters) – rose 6% to $19,005 at 21:04 GMT on Thursday, adding $1,075 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 15.2% from the year’s low of $16,496 […]
India’s Dec gold imports plunge 79%; fall by over a third in 2022: Report
MUMBAI (Reuters) – India’s gold imports in December plunged 79% from a year earlier to the lowest level in at least two decades for the month as a rally in local prices near record high dampened demand, two government sources told Reuters on Thursday. Lower imports by the […]
Yen jumps; dollar tentative ahead of U.S. inflation data By Reuters
© Reuters. FILE PHOTO: A U.S. hundred dollar bill and Japanese 10,000 yen notes are seen in this photo illustration in Tokyo, February 28, 2013. REUTERS/Shohei Miyano By Rae Wee SINGAPORE (Reuters) – The yen got a boost on Thursday on expectations that the Bank of Japan will review the side effects of its monetary […]
With a sale of Chinese yuan, Russia kicks off 2023 forex intervention By Reuters
© Reuters. FILE PHOTO: 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 By Guy Faulconbridge and Darya Korsunskaya MOSCOW (Reuters) -Russia said it would resume foreign currency interventions with the sale of yuan from Friday, underscoring the growing […]
Dollar, euro hold firm ahead of U.S. inflation, ECB in focus By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Joice Alves LONDON (Reuters) – The U.S. dollar and euro held firm on Wednesday as traders assessed European Central Bank’s latest statements and waited to see whether data due this week will confirm that U.S. inflation […]
Brazil currency trims losses after initial shock from capital riots By Reuters
© Reuters. FILE PHOTO: Brazilian Real and U.S. dollar notes are pictured at a currency exchange office in Rio de Janeiro, Brazil, in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes By Susan Mathew and Shreyashi Sanyal (Reuters) -Brazil’s currency fell on Monday but was off its session low after supporters of former President Jair […]
China state media warn of two-way volatility for yuan in 2023 By Reuters
© Reuters. A Chinese yuan currency sign is illustrated inside a bank in Hong Kong, March 25, 2013. REUTERS/Bobby Yip/Files SHANGHAI (Reuters) – Investors should avoid Chinese currency risk and adapt to higher foreign exchange volatility, three state financial newspapers in Shanghai and Beijing said in front-page commentaries on Tuesday after more than a week […]