Argentina's black market currency traders brace for uncertainty By Reuters
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By Alexander Villegas BUENOS AIRES (Reuters) – In downtown Buenos Aires a small group of black market money traders, known as “arbolitos”…
Dollar falls to 2-1/2 month low on Fed expectations, yen strengthens By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) -The fell to its lowest in more than two months on Monday, continuing a drop from…
Asia FX surges as dollar plumbs 2-½ mth low before Fed minutes By Investing.com
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Investing.com– Most Asian currencies rose sharply on Tuesday as easing concerns over higher U.S. interest rates spurred heavy losses in the dollar,…
China and Saudi Arabia sign 50 billion yuan currency swap deal By Investing.com
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BEIJING – In a significant move to strengthen financial ties, the People’s Bank of China and the Saudi Central Bank have established…
Naira gains in parallel market as Nigeria prepares for economic roadmap unveil By Investing.com
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ABUJA – The Nigerian currency, the Naira, has shown signs of strength in the parallel market, appreciating to N1,130 per USD from…
IMF endorses CBDCs to bolster fintech and financial inclusion By Investing.com
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SINGAPORE – The International Monetary Fund (IMF) has thrown its weight behind Central Bank Digital Currencies (CBDCs), with Managing Director Kristalina Georgieva…
Dollar retreats ahead of minutes from Fed's October meeting By Investing.com
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Investing.com – The U.S. dollar retreated once more in early European trade Tuesday, falling to a more than 2-month low ahead of…
USD/MXN dips as markets expect Fed easing, Mexican inflation data in focus
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Markets today are witnessing a decline in the exchange rate, with the pair trading near 17.1000 during the European session. This movement…
The USD Index (DXY) is experiencing downward pressure, nearing the key 103.00 support level as market sentiment shifts in favor of possible…
Exclusive-China's state banks are buying yuan, quickening its rally, sources say
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SHANGHAI (Reuters) -China’s major state-owned banks have been active in the currency market this week, buying the yuan and helping hasten its…