NEWS dpa_afx
CHINA PBOC CONDUCTS CNY157.5 BLN VIA 7-DAY REVERSE REPO MON
Copyright RTT News/dpa-AFX
Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tension
By Jiaxing LiThe U.S. dollar was on the defensive on Monday but remained on track for its biggest monthly gain in nearly a year, due to tension in the Gulf and ahead of jobs data that could shape the Federal Reserve's rate path.The U.S. and Iran traded fresh barbs over the weekend before they agre…
Australian Dollar Hits Fresh 3-Month Low
The Australian dollar depreciated further below $0.690, hitting a fresh three-month low as renewed tensions in the Middle East weighed on risk sentiment.The US and Iran agreed to pause hostilities and resume peace talks over the Strait of Hormuz dispute after days of strikes and counterstrikes on v…
NEWS dpa_afx
CHINA SETS YUAN CENTRAL PARITY AT 6.8175 MON VS 6.8166
Copyright RTT News/dpa-AFX
cnbctv
Nifty Outlook for June 29: 24,200 remains key hurdle as quarter ends and updates begin
The Nifty extended its winning streak for a second straight session on Thursday, adding 34 points to settle at 24,056, although gains were trimmed sharply due to profit booking in the second half of the session.The benchmark index opened more than 100 points higher and climbed to an intraday high o…
NEWS binance_news
Neuberger’s Purtell Sees Stronger Dollar Short Term as U.S. Real Rates Rise
A Neuberger portfolio manager said the U.S. dollar could continue strengthening in the near term as U.S. real interest rates rise. According to ChainCatcher, Joseph Purtell said he expects the dollar to break out of the trading range it has held over the past six to nine months.Purtell added that o…
zawya
ZAWYA: India seeks deeper UAE diaspora investment as FCNR deposits hit $33.7bln
Dubai, United Arab Emirates: India is looking to attract greater participation from overseas Indians in its growth story as Non-Resident Indian (NRI) deposits reach approximately $166 billion, including $33.7 billion in Foreign Currency Non-Resident (FCNR) deposits, industry leaders revealed durin…
NEWS dpa_afx
U.S. Dollar Drops Against Most Majors
BRUSSELS (dpa-AFX) - The U.S. dollar fell against its most major counterparts in the New York session on Friday.The greenback fell to a 1-week low of 0.8066 against the franc and 3-day lows of 1.1433 against the euro and 1.3232 against the pound.The currency is seen finding support around 0.76 agai…
Markets Espresso: The IT Vs Pharma 'Deewar' and a big market lesson!
Aadar, Aadaab, Abhinandan, Abhaar! We're back with the latest brew on the markets. Kaale Megha have arrived, but the taps haven't opened in full force just yet. Yes, there was an occasional downpour in Mumbai, but lake levels are still sub-10% and just as we did in school, if writing Barso re Megha…
NEWS binance_news
Bolivia Shifts to Flexible Exchange-Rate System After 15 Years
Bolivia is moving to a flexible exchange-rate system after 15 years, as the government seeks to strengthen macroeconomic stability, according to Bloomberg.The Finance Ministry announced the change Friday.
investingLive Americas FX news wrap 26 Jun: Greenback ends mixed, still higher for week
The U.S. dollar ended Friday slightly mixed but still posted a gain for the week as investors turned more cautious toward risk assets. The greenback came under pressure from falling U.S. Treasury yields, particularly at the short and intermediate maturities, and another sharp decline in crude oil p…
dpa_afx
U.S. Dollar Slides As Plummeting Crude Oil Prices Ease Inflation Pressures
WASHINGTON (dpa-AFX) - The U.S. Dollar value inched lower extending yesterday's losses as U.S. Federal Reserve interest-rate-hike concerns eased after Thursday's U.S. economic data release. In addition, today's plunge in crude oil prices diminished oil-linked inflationary concerns.The U.S. Dollar I…
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt climbed.The loonie FX_IDC:USDCAD was trading 0.1% higher at C$1.4182 to the greenback, or 70.51 U.S. cents, after trading in a range of 1.417 to 1.4209.Canadian government 10-year bond yield…
binance_news
CFTC Conducting Broad Probe Into Prediction Market Polymarket
The US Commodity Futures Trading Commission is conducting an extensive investigation into prediction market platform Polymarket, according to a person familiar with the matter, Bloomberg reported.The probe is the latest challenge for Polymarket, which has faced operational stumbles and legal scruti…
Dollar declines for second straight day but set for weekly gain
The dollar fell for a second straight session on Friday as recent economic data and a drop in oil prices slightly cooled expectations for Federal Reserve rate hikes, although the yen remained in territory that left it primed for an intervention.Despite the recent declines, the greenback was still u…