Currencies

In this compelling conversation with Tom Bodrovics of Palisades Gold, VON GREYERZ partner, Matthew Piepenburg, bluntly dissects the empirical realities from the main stream fantasies regarding the risk-asset and economic narratives making the current headlines. He touches upon risk asset facts, the deep implications of debt-to-GDP levels globally, the real rather than sensational consequences of ongoing de-dollarization and the now undeniable fact that gold is replacing the UST as a global reserve asset.The conversation opens with a candid assessment of the common denominator (and common sense) reality of unsustainable debt...

Committed to growing its client base, oneZero has released various features within its data and analytics offering to help FX clients solve specific challenges in their respective markets Alex Neo, oneZero When the unwind of the yen carry trade shook Asian and global FX markets in August 2024, market participants using oneZero’s sophisticated data and analytics suite – alongside its pricing and risk management hub – gained a competitive edge with clear, actionable insights into their liquidity performance as conditions evolved.oneZero is committed to helping clients boost profitability through technology...

Federal Reserve chair Jerome Powell warned on Wednesday that persistent trade tensions could complicate the central bank’s objectives of controlling inflation and sustaining employment, prompting a risk-off mood in the US market. “Asian markets saw a slight uptick, while the yen weakened as investors responded positively to the initial round of trade talks between the US and Japan,” said TickMill market strategy partner Patrick Munnelly. “Japanese stocks posted modest gains after President Donald Trump announced significant progress in discussions aimed at preventing higher tariffs on Japan. “The yen depreciated following...

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee rose on Thursday to log its best weekly performance in a month as foreign portfolio inflows into Indian equities picked up and as the dollar remained on the defensive amid concerns about how tariffs would affect the world's largest economy. The rupee closed at 85.3675 against the U.S. dollar, up from its close at 85.6775 in the previous session. The currency rose about 0.8% week-on-week, its best weekly gain since March 17. Indian financial markets are shut on Friday for the...

BENGALURU: Stock markets in emerging Asia fell on Wednesday, snapping a four-day winning streak, as US curbs on some Nvidia chip exports to China amplified trade tensions between the top economies. Among currencies, the Thai baht surged as much as 33.22 per US dollar for the first time since October 21, 2024, driven by a softer greenback, record high gold prices and China’s better-than-expected economic growth in the first quarter. Thailand is a major gold trading hub in the region, and its currency is closely linked to the commodity’s price....

You’ve got questions, we’ve got experts Anna Diamond - Reporter May 2019 An image of a lion, like the designs on Lydian coins during the Iron Age Illustration by Jean-Manuel Duvivier Q: What is considered the world’s first currency? — Dennis Macmath | Waterford, Michigan It’s a bit tricky, says Ellen Feingold, curator of the National Numismatic Collection at the National Museum of American History, because we don’t know what the first objects used as a medium of exchange were. But the earliest coins were used around the sixth or...

Rupee sustained its upward momentum for the third consecutive session, closing 12 paise higher at 85.68 (provisional) against the US dollar on Wednesday. The rally was supported by renewed foreign fund inflows and a weaker greenback. Forex traders attributed the rupee’s strength to upbeat domestic macroeconomic data and a 90-day pause on US reciprocal tariffs, which triggered broad-based buying in equities. Additionally, easing crude oil prices in the international market lent further support to the local unit. Also Read:Currency Market News: Rupee gains 26 paise to reach 85.54 vs dollar...

The Indian Rupee gathers strength in Wednesday’s early European session.  The softer US Dollar and lower crude oil prices continue to underpin the INR.  The US March Retail Sales report and speech by Fed Chair Powell will be the highlights later on Wednesday.  The Indian Rupee (INR) trades in positive territory for the fifth consecutive day on Wednesday. The weakening of the US Dollar (USD) and the extended decline in crude oil prices eased the Indian currency’s losses. It’s worth noting that India is the world's third-largest oil consumer, and...

BENGALURU: Asian emerging market equities climbed for a fourth consecutive session on Tuesday as risk sentiment improved after US President Donald Trump hinted he might grant exemptions on auto-related tariffs. Currencies hovered around multi-week highs against the dollar, which held near a two-year low versus a basket of major peers. Meanwhile, an MSCI index tracking emerging market currencies hovered at a seven-session high. Investors took delight in signs of temporary tariff exemptions for certain sectors and hopes that punitive levies could be negotiated down after the last two weeks’ unprecedented...

Vladimir Putin’s capital controls have prevented foreign firms from moving currency out of Russia and bolstered the price of the rouble - Gavriil Grigorov/Sputnik/Pool via Reuters Russia’s rouble has become the world’s best-performing global currency as Donald Trump’s tariff war upends financial markets. The rouble has strengthened 38pc against the dollar since the start of the year, according to data compiled by Bloomberg, following a dramatic fall in confidence in the US currency. Its returns have vastly outpaced the next best performing currencies, the Swedish krona and Swiss franc, which...