Investing in CurrenciesJapan Likely Spent Extra $13.5 Billion to Prop Up Yen Friday – BNN Bloomberg9 months ago(Bloomberg) -- Japan likely stepped into the currency market for a second straight day on Friday as it continued its...
Investing in CurrenciesArgentina to Sell Dollars in Parallel Market to Shore Up Peso – BNN Bloomberg9 months ago(Bloomberg) -- Argentina’s central bank will sell dollars in parallel currency markets starting Monday in a bid to shore up...
Investing in CurrenciesNigerian Central Bank Dollar Sales Fail to Stem Naira Weakness – BNN Bloomberg9 months ago(Bloomberg) -- Nigeria’s naira extended its losing streak to a fourth day, slipping to the weakest level since March despite...
Investing in CurrenciesZimbabwe Bankers Back Plan to Adopt ZiG as Sole Currency Before 2030 – BNN Bloomberg9 months ago(Bloomberg) -- Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date of 2030,...
Investing in CurrenciesPound Bulls Savor Labour Victory With Rate Cuts Seen Delayed – BNN Bloomberg9 months ago(Bloomberg) -- The pound is trading at its strongest level in years, cementing its position at the top of the...
Investing in CurrenciesJapan Currency Chief Keeps Traders in Dark Over Yen Intervention – BNN Bloomberg9 months ago(Bloomberg) -- Japan’s top currency official continued his attempts to keep speculators on edge amid potential signs of an evolution...
Investing in CurrenciesPound Rises to One-Year High as Outlook Brightens for UK Economy – BNN Bloomberg9 months ago(Bloomberg) -- The pound rose to a one-year high, extending its peer-beating run this year amid an improving economic outlook...
Investing in CurrenciesEmerging-Market Currencies Hit Highest Since May on US CPI Data – BNN Bloomberg9 months ago(Bloomberg) -- Emerging-market currencies jumped to their highest since May after US consumer prices unexpectedly fell in June, cementing bets...
Investing in CurrenciesUganda Is Latest African Nation Eying Gold as a Currency Shield – BNN Bloomberg9 months ago(Bloomberg) -- Uganda plans domestic gold purchases to build foreign exchange reserves and limit risks on reserve investments, becoming the...
Investing in CurrenciesGlobal Reserve Managers Worry Their Assets Are at Risk, Says UBS – BNN Bloomberg9 months ago(Bloomberg) -- Central bank reserve managers are increasingly worried about the safety of their currency assets, citing rising geopolitical risk...