Investing in CurrenciesGoldman Hits $1.30 Pound Bet in Just a Week as BOE Seen on Hold – BNN Bloomberg11 months ago(Bloomberg) -- It took just seven days for the pound to vindicate Goldman Sachs Group Inc.’s bullish call.The currency rose...
Investing in CurrenciesJapan Likely Spent Extra $13.5 Billion to Prop Up Yen Friday – BNN Bloomberg11 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 Bloomberg11 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 Bloomberg11 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 Bloomberg11 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 Bloomberg11 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 Bloomberg11 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 Bloomberg11 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 Bloomberg11 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 Bloomberg11 months ago(Bloomberg) -- Uganda plans domestic gold purchases to build foreign exchange reserves and limit risks on reserve investments, becoming the...