Yen’s Drop to Three-Month Low Reignites Intervention Concern – BNN Bloomberg
(Bloomberg) -- The yen dropped to its weakest level against the dollar in almost three months, reviving concern that Japanese...
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Ethiopia Plans Tight Monetary Policy Following Currency Reform – BNN Bloomberg
(Bloomberg) -- Ethiopia will keep interest rates high for the rest of the year to combat transitory inflation caused by...
Most Latam currencies edge up tracking higher commodity prices
* IMF raises Latin American growth forecast for 2024 * Latam Airlines upgrades earnings outlook * MSCI's Latam FX index up 0.1%, stocks down 0.1% (Updated at 1852 GMT) By Shashwat Chauhan, Pranav Kashyap and Johann M Cherian Oct 22 (Reuters) - Most currencies in resources-rich Latin America rose on Tuesday, with Chile's peso in the lead as prices of crude oil and copper, some of the region's top exports, rose, while focus was also on the U.S. presidential elections in two weeks. Copper producer Chile's peso firmed 0.6% as...
Emerging-Market Currencies Rebound as Dollar, US Yields Retreat – BNN Bloomberg
(Bloomberg) -- A gauge of emerging-market currencies advanced Friday as risk appetite grew across foreign-exchange markets with the greenback and...
Indian Rupee May Outperform Asia FX as US Poll Brings Volatility – BNN Bloomberg
(Bloomberg) -- The Indian rupee may have been Asia’s worst-performing currency last quarter, but it is poised to be the...
Emerging Currencies Weaken as Traders Gauge China Stimulus Plan – BNN Bloomberg
(Bloomberg) -- Currencies in developing economies mostly weakened to the dollar as China’s new stimulus measures failed to spark a...
High-Speed Trader IMC Readies Foreign Exchange Market Launch – BNN Bloomberg
(Bloomberg) -- IMC Trading is set to start dealing in currency options this month to capitalize on soaring demand at...
Baht Rally Halts as Thailand Campaigns for Lower Rates – BNN Bloomberg
(Bloomberg) -- A decline in Thailand’s baht this month has spurred speculation that the currency’s rally may be ending as...
Amundi, NWI Look Past US Vote Jitters to Bet on Mexican Peso – BNN Bloomberg
(Bloomberg) -- Money managers from Amundi SA to NWI Management are building contrarian bets on the Mexican peso, wading back...
Zimbabwe Central Bank Chief Says ZiG 43% Devaluation Is ‘Once-Off’ Event – BNN Bloomberg
(Bloomberg) -- Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and steps were...
