Investing in CurrenciesAfter Scoring 60% Returns, Carry Traders Are Ditching Peso, Real – BNN Bloomberg7 months ago(Bloomberg) -- Latin America is being replaced as the go-to trade for currency investors as politics turns double-digit gains into...
Investing in CurrenciesTurkey’s Investor-Pleasing Currency Policy Faces Critics at Home – BNN Bloomberg7 months ago(Bloomberg) -- A combination of high interest rates and a predictable currency have made Turkey an unusually safe bet for...
Investing in CurrenciesArgentina Overcomes Key Hurdle Impeding End of Currency Controls – BNN Bloomberg7 months ago(Bloomberg) -- Argentina’s central bank repurchased the majority of put options from financial entities Thursday, bringing President Javier Milei one...
Investing in CurrenciesGoldman Hits $1.30 Pound Bet in Just a Week as BOE Seen on Hold – BNN Bloomberg7 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 Bloomberg7 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 Bloomberg7 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 Bloomberg7 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 Bloomberg7 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 Bloomberg7 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 Bloomberg7 months ago(Bloomberg) -- Japan’s top currency official continued his attempts to keep speculators on edge amid potential signs of an evolution...