Latin America Currencies Jump as Traders Bet on Carry Comeback – BNN Bloomberg
(Bloomberg) -- Latin American currencies eclipsed peers on Tuesday as comments from Federal Reserve Chair Jerome Powell cemented investor appetite...
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Stock market today: Hopes for AI and rates nudge Wall Street to records, even as most stocks fall
NEW YORK (AP) — Most U.S. stocks slipped Thursday, but hopes for coming cuts to interest rates and Wall Street’s...
Unwinding of hugely popular currency trade rocks markets
A sharp drop in Mexico’s currency after a landslide election result has shaken foreign exchange markets as far as Hungary...
Tesla to boost production with existing factories, new investments in India and Mexico on hold
Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term.The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 million vehicles before investing in new manufacturing lines."This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a...
Four UK B&Bs make the global top 10 in 2024 Tripadvisor awards, the No.1 hotel overall is in Brazil and Santa Monica property is declared top in America
By Ted Thornhill, Mailonline Travel Editor 05:06 23 Apr 2024, updated 05:06 23 Apr 2024 Tripadvisor has named the best...
Cartels, terrorist groups and state actors using digital currency to subvert sanctions
WASHINGTON (TND) — Treasury Department officials are worried that digital currencies are giving terrorist groups, drug cartels and other groups...
$114K in unreported currency seized at Brownsville Port
BROWNSVILLE, Texas (ValleyCentral) — U.S. Customs and Border Protection officers seized over $114,000 in unreported currency at the Brownsville Port...
Mexican peso depreciates in line with other currencies awaiting the Fed’s decision.
At the beginning of the session this Wednesday, March 20th, the Mexican peso experiences a decline against the US dollar,...
Mexican Peso Is So Strong Investors Fear Betting Against It
(Bloomberg) -- Investors are pushing the world’s most expensive currency to ever more dizzying heights, shrugging off the risks from...
EM Forex to Struggle While Fed Stays Cautious on Rate Cuts
By Vivek Mishra and Vuyani NdabaBENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies won't stage significant recoveries against the dollar in the...
