Investing in CurrenciesPound Rises to One-Year High as Outlook Brightens for UK Economy – BNN Bloomberg7 months ago(Bloomberg) -- The pound rose to a one-year high, extending its peer-beating run this year amid an improving economic outlook...
Investing in CurrenciesEmerging-Market Currencies Hit Highest Since May on US CPI Data – BNN Bloomberg7 months ago(Bloomberg) -- Emerging-market currencies jumped to their highest since May after US consumer prices unexpectedly fell in June, cementing bets...
Investing in CurrenciesUganda Is Latest African Nation Eying Gold as a Currency Shield – BNN Bloomberg7 months ago(Bloomberg) -- Uganda plans domestic gold purchases to build foreign exchange reserves and limit risks on reserve investments, becoming the...
Investing in CurrenciesGlobal Reserve Managers Worry Their Assets Are at Risk, Says UBS – BNN Bloomberg7 months ago(Bloomberg) -- Central bank reserve managers are increasingly worried about the safety of their currency assets, citing rising geopolitical risk...
Investing in CurrenciesJapan’s Public Pension Fund Steps Up as BOJ Mulls Bond Cuts – BNN Bloomberg7 months ago(Bloomberg) -- Japan’s Government Pension Investment Fund is emerging as an important source of demand for the nation’s debt just...
Investing in CurrenciesLatin America Currencies Jump as Traders Bet on Carry Comeback – BNN Bloomberg7 months ago(Bloomberg) -- Latin American currencies eclipsed peers on Tuesday as comments from Federal Reserve Chair Jerome Powell cemented investor appetite...
CurrenciesDollar Dominance at Risk If Saudi Ends Exclusive Deal to Use Greenback in Oil Trade7 months agoSaudi Arabia is moving away from the US dollar in the oil trade as it looks at alternative markets.The end...
CurrenciesUS puts Japan back on currency monitoring list7 months agoThe United States has put Japan back on a currency monitoring list because it maintains wide trade and current account...
CurrenciesUnwinding of hugely popular currency trade rocks markets8 months agoLONDON--A sharp drop in Mexico’s currency after a landslide election result has shaken foreign exchange markets as far as Hungary...
CurrenciesDe-Dollarization: 3 Reasons Why the Dollar Can’t Be Dethroned9 months agoDe-dollarization efforts won't do much to dethrone the dollar, Morgan Stanley said. There are no true alternatives to holding the...