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The Rocket Fuel Behind China Shock 2.0: Weak Currency, Deflation
The Wall Street Journal· 11 hours ago“There is still an enormous incentive to use the Chinese supply chain,” said Brad Setser, senior...
Earnings call: Gold Resource Corporation faces Q1 challenges, eyes recovery By Investing.com
Investing.com· 2 days agoCEO Allen Palmiere highlighted efforts to reduce costs and increase productivity, despite a decrease...
Japan Intervenes After Yen Slides Against the Dollar
The Wall Street Journal· 6 days agoFOREIGN EXCHANGE SINGAPORE—Japan intervened to prop up the yen after it hit a multidecade low against the dollar on Monday, people familiar with the...
Japan reminds on FX readiness as data suggests $35 bln yen intervention
Reuters· 5 days agoJapan stands ready to deal with foreign exchange matters around the clock, top currency diplomat...
India’s Reserves Drop as Foreigners Pull Money From Bond Market
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- India’s holdings of foreign exchange fell in late April, reflecting officials’...
Japan is wrong to try to prop up the yen
The Economist· 5 days agoIn 2022 Japan spent more than $60bn of its foreign-exchange reserves defending the yen, its first intervention to strengthen the currency in nearly a...
Gold price today: Gold is up 11.53% this year
USA Today· 2 days agoXAU/USD is the label for finding the spot gold price traded in U.S. dollars. In this case, gold (XAU) is traded against the dollar, and the price...
Nigerian SEC Set To Meet With Foreign Crypto Exchanges Amid Regulatory Crackdown: Report
Cryptonews· 2 days agoA Friday report from CoinTelegraph reveals that the Nigerian Securities and Exchange Commission...
Canadian dollar forecasts trimmed by analysts as BoC moves closer to rate cuts: Reuters poll
Reuters via Yahoo News· 2 days agoAccording to the median forecast of nearly 40 foreign exchange analysts in the April 29-May 2 poll,...
Japan Acts on Yen Again to Keep Traders on Their Toes
TheStreet.com· 3 days agoTokyo has likely pumped around US$64 billion into foreign-currency markets, moving twice in a...