Citi Warns of Euro-Yen Intervention Risk If Pair ‘Threatens’ 180 – BNN Bloomberg
(Bloomberg) -- Japanese authorities might step into the market and sell the European common currency if euro-yen nears the 180...
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After Scoring 60% Returns, Carry Traders Are Ditching Peso, Real – BNN Bloomberg
(Bloomberg) -- Latin America is being replaced as the go-to trade for currency investors as politics turns double-digit gains into...
Argentina Overcomes Key Hurdle Impeding End of Currency Controls – BNN Bloomberg
(Bloomberg) -- Argentina’s central bank repurchased the majority of put options from financial entities Thursday, bringing President Javier Milei one...
Fintechs Fly Planes of Cash Into Zimbabwe to Meet Demand for Dollars – BNN Bloomberg
(Bloomberg) -- At least once a month — and sometimes as often as three times a week — a private...
Japan Likely Spent Extra $13.5 Billion to Prop Up Yen Friday – BNN Bloomberg
(Bloomberg) -- Japan likely stepped into the currency market for a second straight day on Friday as it continued its...
Argentina to Sell Dollars in Parallel Market to Shore Up Peso – BNN Bloomberg
(Bloomberg) -- Argentina’s central bank will sell dollars in parallel currency markets starting Monday in a bid to shore up...
Nigerian Central Bank Dollar Sales Fail to Stem Naira Weakness – BNN Bloomberg
(Bloomberg) -- Nigeria’s naira extended its losing streak to a fourth day, slipping to the weakest level since March despite...
Zimbabwe Bankers Back Plan to Adopt ZiG as Sole Currency Before 2030 – BNN Bloomberg
(Bloomberg) -- Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date of 2030,...
Indonesian Rupiah Set for Longest Rally in Eight Years as Prabowo Sought to Allay Debt Fears – BNN Bloomberg
(Bloomberg) -- Indonesia’s moves to ease concern over the nation’s fiscal outlook and growing bets for more Federal Reserve interest-rate...
Japan Currency Chief Keeps Traders in Dark Over Yen Intervention – BNN Bloomberg
(Bloomberg) -- Japan’s top currency official continued his attempts to keep speculators on edge amid potential signs of an evolution...
