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 CurrenciesFintechs Fly Planes of Cash Into Zimbabwe to Meet Demand for Dollars – BNN Bloomberg7 months ago(Bloomberg) -- At least once a month — and sometimes as often as three times a week — a private...
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 CurrenciesIndonesian Rupiah Set for Longest Rally in Eight Years as Prabowo Sought to Allay Debt Fears – BNN Bloomberg7 months ago(Bloomberg) -- Indonesia’s moves to ease concern over the nation’s fiscal outlook and growing bets for more Federal Reserve interest-rate...
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...