Tag: dollars
AUD/USD, NZD/USD Soar on US Dollar’s Slump, Dead Cat Bounce Ahead of US CPI?
AUSTRALIAN DOLLAR OUTLOOKAUD/USD and NZD/USD rally on Monday, bolstered by broad-based U.S. dollar weaknessThe greenback’s pullback appears to be driv [...]
Crypto collapses generate hundreds of millions of dollars for lawyers
The legal industry has emerged as a major winner amid cryptocurrency collapses like FTX and Celsius, generating hundreds of millions of dollars for la [...]
Exclusive-Chinese exporters using currency swaps to retain dollars as yuan sags By Reuters
SHANGHAI/SINGAPORE (Reuters) - Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings in [...]
US inflation and jobs data to challenge Dollar’s rally
Following Fed Chair Powell's speech, the focus for the next week will shift back to economic data. The job market indicators (including NFP) [...]
Remaining Short on Commodity Dollars As PBOC Intervention Disappoints Markets
Commodity dollars have been suffering from softer risk sentiment in financial markets and AUD/USD has been bearish for more than a month now since it [...]
Students, Businesses Struggle to Get Dollars From Banks Amid Forex Shortage
Banks are struggling to meet the demand for PTA and BTA requests by students and businessesNigerian students are rushing to buy foreign excha [...]
FX Talking: The dollar’s still got the groove
High US rates, a surprisingly strong US domestic economy, and a soft overseas investment environment have all combined to keep the dollar strong thi [...]
Stablecoins could be key to upholding US dollar’s global reserve status: Report
Stablecoins are at the heart of a dollar-based revolution and could be a pivotal factor in keeping the United States dollar the dominant global curren [...]
Dollar’s momentum fades slightly, attention turns to US inflation data
A relatively quiet week is expected in terms of economic events, with no central bank meetings scheduled. However, a critical economic report [...]
Diageo Nigeria Says It Can’t Get Dollars Despite Forex Reforms
Diageo Plc’s Nigeria unit said it’s struggling to obtain dollars to pay back foreign-currency loans, despite the government’s liberalization of the fo [...]
Bald (BALD) Token Gobbled Millions of Dollars From Investors, But Does it Have Connections to Alameda?
“Given the track record and the lack of contacts with other players (even 3AC actively interacted with BlockFi, Genesis, etc.), then we can point the [...]
Can Dollar’s momentum continue in the week of US employment data?
More central bank decisions await in the coming week, with live meetings at the Reserve Bank of Australia and the Bank of England. US data wi [...]
Pond0X token launch snafu leads to millions of dollars in losses
The launch of memecoin Pond0x (PNDX) has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. [...]
Gold Prices and US Dollar’s Outlook Hinge on Powell’s Guidance
JULY FOMC MEETING KEY POINTS:The Fed is expected to raise interest rates by 25 basis points to 5.25%-5.50%With a quarter-point hike fully priced in, [...]
Gold Prices and US Dollar’s Outlook Hinge on Powell’s Guidance
JULY FOMC MEETING KEY POINTS:The Fed is expected to raise interest rates by 25 basis points to 5.25%-5.50%With a quarter-point hike fully priced in, [...]