Nigeria’s Naira Falls to Record Low After Dollar Liquidity Plunges 72% – BNN Bloomberg
(Bloomberg) -- Nigeria’s local currency fell the most in about two weeks to a record low, after of a steep...
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Hedge Funds, Asset Managers Turn Dollar Bulls on Election Risks – BNN Bloomberg
(Bloomberg) -- Speculative currency traders are betting on a stronger greenback for the first time in two months. The shift...
Yen’s Drop to Three-Month Low Reignites Intervention Concern – BNN Bloomberg
(Bloomberg) -- The yen dropped to its weakest level against the dollar in almost three months, reviving concern that Japanese...
Emerging Currencies Weaken as Traders Gauge China Stimulus Plan – BNN Bloomberg
(Bloomberg) -- Currencies in developing economies mostly weakened to the dollar as China’s new stimulus measures failed to spark a...
High-Speed Trader IMC Readies Foreign Exchange Market Launch – BNN Bloomberg
(Bloomberg) -- IMC Trading is set to start dealing in currency options this month to capitalize on soaring demand at...
Baht Rally Halts as Thailand Campaigns for Lower Rates – BNN Bloomberg
(Bloomberg) -- A decline in Thailand’s baht this month has spurred speculation that the currency’s rally may be ending as...
Amundi, NWI Look Past US Vote Jitters to Bet on Mexican Peso – BNN Bloomberg
(Bloomberg) -- Money managers from Amundi SA to NWI Management are building contrarian bets on the Mexican peso, wading back...
Zimbabwe Central Bank Chief Says ZiG 43% Devaluation Is ‘Once-Off’ Event – BNN Bloomberg
(Bloomberg) -- Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and steps were...
Yuan Drags Asian Currencies as China’s Spending Plans Disappoint – BNN Bloomberg
(Bloomberg) -- China’s onshore yuan had its worst day in more than a year after a week-long break, fueling a...
EM Currencies Break Five-Day Winning Streak After Iran Strike – BNN Bloomberg
(Bloomberg) -- Emerging-market currencies broke a five-day winning streak on Tuesday, with Iran’s missile strikes against Israel prompting investors to...
