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...
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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...
Emerging Currencies Trim Gains as Fed’s Big Cut Not a Pacesetter – BNN Bloomberg
(Bloomberg) -- Emerging-market currencies briefly soared before coming down from a session high on Wednesday as Federal Reserve Chair Jerome...
Dollar Heads for 2024’s Biggest Monthly Loss as Fed Signals Cut – BNN Bloomberg
(Bloomberg) -- The proximity of Federal Reserve interest-rate cuts is tormenting the US dollar this month, sending the world’s reserve...
Pimco Sees Value in Local EM Debt as Fed to Spark Yield Hunt – BNN Bloomberg
(Bloomberg) -- Local currency debt from emerging markets will provide the best returns for investors once the Federal Reserve begins...
