African Nations Turn to Gold to Protect Against Currency Losses – BNN Bloomberg
(Bloomberg) -- African nations are rushing to build their gold reserves to hedge against geopolitical tensions that have battered their...
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Markets Wrap – BNN Bloomberg
(Bloomberg) -- Stocks traded mixed as focus turned from US politics to a heavy week for company earnings with tech...
Citi Warns of Euro-Yen Intervention Risk If Pair ‘Threatens’ 180 – BNN Bloomberg
(Bloomberg) -- Japanese authorities might step into the market and sell the European common currency if euro-yen nears the 180...
Zambia Should Hold Off on Dedollarization, Top Lender Says – BNN Bloomberg
(Bloomberg) -- Zambia should first stabilize its economy and build confidence in its own currency before trying to reduce the...
Treasuries Slip, Dollar Jumps in Wild Week for Macro Traders – BNN Bloomberg
(Bloomberg) -- Treasuries slipped and the dollar headed for its first weekly gain this month as traders wrapped up an...
Zimbabwe’s Imara Says Push to ZiG Sole Currency Is ‘Startling and Concerning’ – BNN Bloomberg
(Bloomberg) -- Zimbabwe should restore the trust of its citizens rather than suggest they be forced to abandon the dollar,...
After Scoring 60% Returns, Carry Traders Are Ditching Peso, Real – BNN Bloomberg
(Bloomberg) -- Latin America is being replaced as the go-to trade for currency investors as politics turns double-digit gains into...
Turkey’s Investor-Pleasing Currency Policy Faces Critics at Home – BNN Bloomberg
(Bloomberg) -- A combination of high interest rates and a predictable currency have made Turkey an unusually safe bet for...
Argentina Overcomes Key Hurdle Impeding End of Currency Controls – BNN Bloomberg
(Bloomberg) -- Argentina’s central bank repurchased the majority of put options from financial entities Thursday, bringing President Javier Milei one...
Goldman Hits $1.30 Pound Bet in Just a Week as BOE Seen on Hold – BNN Bloomberg
(Bloomberg) -- It took just seven days for the pound to vindicate Goldman Sachs Group Inc.’s bullish call.The currency rose...
