Tag: dollar
Dollar dips ahead of key US inflation data
The U.S. dollar slipped on Wednesday ahead of a closely-watched inflation reading later in the day that will provide clues on the...
Rebounding U.S. dollar a growing headache for investors
Investors reeling from the recent volatility in global financial markets are eyeing another potential worry: a rebounding dollar.
The...
Bitcoin moves towards Satoshi’s payment dream
Satoshi Nakamoto would be proud. Adolescent bitcoin may finally be repaying its creator's faith.
The 15-year-old cryptocurrency has filled...
Rouble slumps past 70 vs dollar for first time since May
The rouble plunged to its weakest level since early May past 70 against the dollar on Wednesday, extending weekly losses with fears...
Bank of Canada increases rates by 50 bps, says hikes may...
The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to 4.25%, the highest level in...
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023...
After a tumultuous year for financial markets, Standard Chartered outlined a number of potential surprises for 2023 that it says are being “underpriced” by...
China Traders Hunt for Long-Term Reopening Winners After Frenzy
As China’s reopening starts to take shape, investor focus is increasingly seen shifting from frenzied stock bets to longer-term plays such as consumer...
Wall St Week Ahead Stocks typically rally in December, investors have...
Investors hoping for the year-end to bring stock market gains after a punishing year have history on their side as U.S. equities...
Asian shares higher on signs of U.S. Fed slowdown, China stimulus
Asian shares tracked Wall Street higher on Thursday, buoyed by signals the U.S. Federal Reserve may slow the pace of interest rate...
Rouble pares early losses to hover around 61 to the dollar
The Russian rouble hovered around 61 to the dollar after touching its lowest in nearly two weeks early on Tuesday, with pressure...