Nigerian Central Bank Dollar Sales Fail to Stem Naira Weakness – BNN Bloomberg
(Bloomberg) -- Nigeria’s naira extended its losing streak to a fourth day, slipping to the weakest level since March despite...
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Zimbabwe Bankers Back Plan to Adopt ZiG as Sole Currency Before 2030 – BNN Bloomberg
(Bloomberg) -- Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date of 2030,...
Japan Currency Chief Keeps Traders in Dark Over Yen Intervention – BNN Bloomberg
(Bloomberg) -- Japan’s top currency official continued his attempts to keep speculators on edge amid potential signs of an evolution...
Pound Rises to One-Year High as Outlook Brightens for UK Economy – BNN Bloomberg
(Bloomberg) -- The pound rose to a one-year high, extending its peer-beating run this year amid an improving economic outlook...
Uganda Is Latest African Nation Eying Gold as a Currency Shield – BNN Bloomberg
(Bloomberg) -- Uganda plans domestic gold purchases to build foreign exchange reserves and limit risks on reserve investments, becoming the...
Japan’s Public Pension Fund Steps Up as BOJ Mulls Bond Cuts – BNN Bloomberg
(Bloomberg) -- Japan’s Government Pension Investment Fund is emerging as an important source of demand for the nation’s debt just...
Latin America Currencies Jump as Traders Bet on Carry Comeback – BNN Bloomberg
(Bloomberg) -- Latin American currencies eclipsed peers on Tuesday as comments from Federal Reserve Chair Jerome Powell cemented investor appetite...
Wall Street week ahead: Spotlight on consumer inflation, Jerome Powell’s testimony
Wall Street in the week ahead will see some key economic reports that could influence the stock markets. Among the...
Apple, Disney, and Big Exporters Hurt by Strong Dollar. Why It’s Not Going Away.
A stronger dollar is a pain for companies. But with U.S. assets still looking attractive to overseas buyers, the currency...
Wall Street today: US stocks mixed after weak manufacturing data
US stocks were mixed on Monday after a report showed manufacturing weakened last month. The S&P 500 was steady in...
