Ethiopian Central Bank Sells Dollars at Special Auction – BNN Bloomberg
(Bloomberg) -- The National Bank of Ethiopia sold dollars to commercial lenders as it seeks to close the gap between...
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Carry Trade Out of Danger Zone But Watch Yuan, Citi Quants Say – BNN Bloomberg
(Bloomberg) -- China’s yuan is more at risk of being squeezed by the unwind of global carry trades as positioning...
Pakistan’s Dollar Bonds Rally 30% Ahead of IMF Loan Approval – BNN Bloomberg
(Bloomberg) -- The rally in Pakistani dollar bonds needs authorities to stay on the path of economic reforms proposed by...
Japan’s Executives Struggle to Read Volatility in Stocks, Yen – BNN Bloomberg
(Bloomberg) -- Japan’s biggest companies are struggling to provide clear guidance to investors as the extreme volatility in the country’s...
Global Carry Trade Unwind Extends as Peso Drops, Yen Gains – BNN Bloomberg
(Bloomberg) -- An unwinding of global carry trades is helping to jolt markets around the world.The yen and yuan pushed...
Euro Jumps to $1.10 on Bets Fed May Go Beyond ECB on Rate Cuts – BNN Bloomberg
(Bloomberg) -- The euro climbed to the strongest level in seven months as signs the US economy is much weaker...
Malaysian Ringgit Surges Most Since 2015 on Inflows, Optimism – BNN Bloomberg
(Bloomberg) -- The ringgit jumped the most in nine years on bets foreign capital will flood in amid optimism surrounding...
Yuan Strengthens Through PBOC’s Daily Guideline as Bears Flee – BNN Bloomberg
(Bloomberg) -- The offshore yuan strengthened through China’s daily reference rate for the first time since November, as traders rushed...
Dollar Path Splits Goldman, Fidelity Over Emerging-Market Bonds – BNN Bloomberg
(Bloomberg) -- Goldman Sachs Group Inc. says emerging-market investors should favor dollar-denominated bonds over local-currency ones. Fidelity International says the...
Opinion | Second Trump presidency would pose little threat to King Dollar
In global foreign exchange markets, particularly in developing economies, it is often dubbed a “wrecking ball”. The US dollar, the...
