CurrenciesYen’s Drop to Three-Month Low Reignites Intervention Concern – BNN Bloomberg5 months ago(Bloomberg) -- The yen dropped to its weakest level against the dollar in almost three months, reviving concern that Japanese...
Investing in CurrenciesEthiopia Plans Tight Monetary Policy Following Currency Reform – BNN Bloomberg5 months ago(Bloomberg) -- Ethiopia will keep interest rates high for the rest of the year to combat transitory inflation caused by...
CurrenciesEmerging-Market Currencies Rebound as Dollar, US Yields Retreat – BNN Bloomberg6 months ago(Bloomberg) -- A gauge of emerging-market currencies advanced Friday as risk appetite grew across foreign-exchange markets with the greenback and...
CurrenciesIndian Rupee Poised to Outperform Asian Currencies Ahead of US Elections6 months agoArmed with record foreign-exchange reserves, RBI Governor Shaktikanta Das has been very vocal about the need to protect the economy...
CurrenciesIndian Rupee May Outperform Asia FX as US Poll Brings Volatility – BNN Bloomberg6 months ago(Bloomberg) -- The Indian rupee may have been Asia’s worst-performing currency last quarter, but it is poised to be the...
Investing in CurrenciesEmerging Currencies Weaken as Traders Gauge China Stimulus Plan – BNN Bloomberg6 months ago(Bloomberg) -- Currencies in developing economies mostly weakened to the dollar as China’s new stimulus measures failed to spark a...
Investing in CurrenciesBaht Rally Halts as Thailand Campaigns for Lower Rates – BNN Bloomberg6 months ago(Bloomberg) -- A decline in Thailand’s baht this month has spurred speculation that the currency’s rally may be ending as...
CurrenciesAmundi, NWI Look Past US Vote Jitters to Bet on Mexican Peso – BNN Bloomberg6 months ago(Bloomberg) -- Money managers from Amundi SA to NWI Management are building contrarian bets on the Mexican peso, wading back...
Investing in CurrenciesZimbabwe Central Bank Chief Says ZiG 43% Devaluation Is ‘Once-Off’ Event – BNN Bloomberg6 months ago(Bloomberg) -- Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and steps were...
Investing in CurrenciesTurkey Posts Highest Current-Account Surplus in Five Years – BNN Bloomberg6 months ago(Bloomberg) -- Turkey posted its highest current-account surplus in five years in August, buoyed by a surge in tourism that...