Currencies

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldSteven Kamin was previously head of international finance at the Federal Reserve and is now senior fellow at the American Enterprise Institute.In the wake of President Trump’s initial salvo of broad-based tariffs, on 2 April, stock prices plunged, volatility as measured by the VIX index soared, and Treasury yields shot up substantially.  Ordinarily, these developments would be expected to buoy the value of the dollar, which is a “flight-to-safety” currency sought...

The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s reserve currency remained in question following a stream of tariff-related pronouncements from US President Donald Trump.Investors braced for another volatile week as Trump’s imposition and then abrupt postponement of tariffs on goods imported to the US continued to sow confusion.The dollar reversed early gains as the Asian trading session got under way, languishing near a 10-year low against the Swiss franc at 0.8188.Sterling held to most of its 1.7 per...

15 Due to the crisis of confidence in the United States. The dollar rises, investors make money Worldwide, the reserve currency remains within the current post of a series of statements by SBSA President Donald Trump, the country with tariffs.This is reported by Reuters.Investors are prepared for any unstable situation: the introduction by Trump, and then a sudden delay in tariffs on goods, imports to the United States, continue to sow confusion.Against the basket of six dollars, the US is holding near a three-year low of 99.77.The White House was...

KEY TAKEAWAYS Global stocks are rallying Monday after President Donald Trump temporarily exempted smartphones, computers, and semiconductors from his "reciprocal" tariffs.The Stoxx Europe 600 index is rising 2%, the Nikkei closed up 1.2%, and Hong Kong's Hang Seng finished 2.4% higher.Analysts said investors remain worried about holding assets based on the U.S. dollar, which is down against major currencies Monday.  Global stocks are rallying Monday after President Donald Trump temporarily exempted smartphones, computers, and semiconductors from his "reciprocal" tariffs. The reprieve for consumer electronics imports, many of which come from China,...

The US dollar has been the anchor of the global financial system for decades now. But in recent weeks, market behaviour has started to tell a different story. As President Donald Trump continues to double down on tariffs and policy threats, capital is beginning to move elsewhere. What used to be as the safe haven currency is now treated as a liability. And while investors are losing their confidence in the dollar, the euro is moving in the opposite way. You don’t usually see that outside of wars or financial crises. But now,...

Bitcoin (BTC) price approaches its key resistance level at $85,000 on Monday; a breakout indicates a bullish trend ahead. Ethereum (ETH) and Ripple (XRP) found support around their key levels last week, suggesting a recovery is in the cards. Mantra (OM) price hovered at $0.83 during the Asian session on Monday, following a massive 90% crash from $6.33 on Sunday. The crash wiped out $5.2 billion in the token’s market capitalization, quickly drawing comparisons to the infamous collapse of Terra LUNA and FTX in 2022. Mantra’s team has been accused...

India’s stock, currency, and bond markets will remain closed on Monday, April 14, for a local holiday, resuming trading on Tuesday.  | Photo Credit: iStockphoto India's equity, currency and debt markets will be closed on Monday, April 14, for a local holiday. Trading will resume on Tuesday, April 15.The benchmark BSE Sensex rose 1.8%, while the broader NSE index advanced 1.9%, paring most of their weekly losses after U.S. President Donald Trump's 90-day pause on hefty "retaliatory" tariffs on countries excluding China.The Indian rupee rose 0.75% versus the U.S. dollar...

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets climbed Monday as U.S. President Donald Trump paused tariffs on some consumer electronics, boosting risk sentiment. Hong Kong stocks led gains in the region, with the Hang Seng Index ending the day 2.4% higher at 21,417.40 to and Hang Seng Tech Index moving up 2.34% to 5,015.12. Mainland China's CSI 300 rose 0.23% to close at 3,759.14. Japan's benchmark Nikkei 225 ended the day 1.18% higher at 33,982.36%, while the broader Topix index rose 0.88% to 2,488.51. In South Korea, the Kospi index added 0.95%...

Share Share Share Share Email As cryptocurrencies like Bitcoin and Ethereum move towards mainstream adoption, some innovative companies are considering integrating virtual currencies into their payroll systems. But is compensating your workforce with decentralized digital money instead of traditional fiat currency a savvy move, or a risky experiment? This in-depth article examines the potential benefits and drawbacks for employers thinking about whether to pay their staff in cryptocurrency. The Potential Advantages of Crypto Payroll Lower Cross-Border Payment Fees One of the biggest appeals of paying employees in cryptocurrency...

The 21st Director General-Level Talks on Customs Cooperation was held between India and Nepal in Kathmandu on April 10-11, 2025 Published Date - 13 April 2025, 02:50 PM New Delhi: Customs authorities of India and Nepal have discussed ways to check trans-border criminal activities, smuggling of gold and narcotics, and fake currency notes (FCN), the finance ministry said in a statement on Sunday. The 21st Director General-Level Talks on Customs Cooperation was held between India and Nepal in Kathmandu on April 10-11, 2025, it said. Issues...