Hedge funds are using options to bet on year-end US dollar gain
Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s...
Currencies
GIFT City mulls expanding Foreign Currency Settlement System to include Euro, GBP & more
The Foreign Currency Settlement System (FCSS) launched recently at GIFT City is set to expand soon, with plans to support...
Southeast Asian regional bloc did not say it’s ‘giving up dollars’
Southeast Asian countries are promoting the use of local currencies in trade to reduce their reliance on the US dollar and...
Asian Currencies Gain Slightly as Fed Minutes Bolster Rate Cut Expectations; Yen Near 8-Month Low
Most Asian currencies edged higher on Thursday after the U.S. Federal Reserve’s September meeting minutes reinforced expectations of interest rate...
Indian central bank steps up offshore FX defence to shield rupee
The local currency’s one-month volatility against the US dollar has fallen sharply this month India’s central bank has ramped up...
Asia: Stocks mixed as traders assess AI rally, US rates and shutdown
Technology firms have been riding to ever-higher levels this year, dragging equity markets with them as companies pump hundreds of...
RBI ramps up offshore currency market interventions to shield rupee
The expanded intervention comes at a time when rupee is charting fresh lows against the dollar, weighed down by record...
Ringgit opens higher against US dollar ahead of Budget 2026 on improved sentiment
KUALA LUMPUR, Oct 9 — The ringgit opened higher against the US dollar today, supported by improved local market sentiment...
Why is the U.S. dollar up in this economic moment?
Today, the U.S. dollar is hovering around a two-month high. Which is curious, because this year has otherwise been tough...
Why hard assets are breaking records
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