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China’s yuan seeks to challenge the US dollar. But traders don’t want to use it
South China Morning Post· 6 days agoThe findings reflect the challenge Beijing is facing is trying to turn the yuan in a global currency...
Russia eases forex sales requirements for contracts in roubles
Reuters via Yahoo Finance· 2 days agoThe Russian government has softened requirements for mandatory sales of foreign currency for...
Japan to Answer ¥9.4 Trillion Question on Currency Intervention
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Investors will learn Friday if Japan intervened to prop up the yen during the last...
Crypto Prime Broker FalconX Starts FX Desk With Hires From BCB Group
Coindesk· 6 days agoThe offering will provide crypto trading firms, exchanges and brokers with access to 20 FX pairs.
Japan Spent Record $62 Billion to Prop Up Yen in Past Month
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Japan spent a record ¥9.8 trillion ($62.2 billion) in the past month to prop up the...
Sensata (ST) Up 9% Since Last Earnings Report: Can It Continue?
Zacks via Yahoo Finance· 5 days agoThis was partly offset by unfavorable foreign exchange movement. Segmental operating income was...
India cenbank's net income surges on the back of lower provisions in FY24
Reuters via Yahoo Finance· 4 days agoThe Reserve Bank of India's net income rose to 2.11 trillion rupees ($25.30 billion) from 874.20...
Japanese Yen depreciates ahead of Fed's preferred inflation gauge
The Forex Market· 3 days agoThe Japanese Yen (JPY) loses ground despite the Tokyo Consumer Price Index (CPI), which increased to...
Dollar Lacks Direction Despite Strong Data
The Wall Street Journal· 5 days agoThe rise in the U.S. Conference Board’s consumer confidence survey for May prevented more weakness in the dollar but left the DXY dollar index...
China's Central Bank on Offshore CNY Market and Cross-Border Transaction
Cryptonews· 4 days agoThe People’s Bank of China, China’s central bank, will continue to support the development of...
