Tag: forex markets
Dollar Tree (DLTR) earnings Q1 2024
An exterior view of a Dollar Tree store in Bloomsburg Pennsylvania. Paul Weaver | Sopa Images | Lightrocket | Getty ImagesDollar Tree announced Wednes [...]
PayPal launches first dollar-backed stablecoin from a major U.S. financial institution
A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California.Justin Sullivan | Getty ImagesPayPal on Monday launched [...]
India’s forex reserves rise by $1.85 billion to $595.05 billion; foreign currency assets at $527.9 billion
India's foreign exchange reserves rose by $1.853 billion to $595.051 b [...]
Barry Sternlicht says ‘unbelievable calamities’ ahead if the Fed keeps hiking
The Federal Reserve's aggressive rate hike path – an attempt to tamp down the highest inflation in decades – is set to cause damage to the global econ [...]
Barry Sternlicht says ‘unspeakable calamites’ ahead if the Fed keeps hiking
Barry Sternlicht, CEO, Starwood Capital Group Scott Mlyn | CNBCThe Federal Reserve's aggressive rate hike path – an attempt to calm the highest inflat [...]
Why analysts are bullish on the SGD
"The Singapore dollar is usually considered a haven currency compared to Southeast Asian peer currencies," said Max Lin, Asia FX and rates strategist [...]
Analysts discuss U.S. interest rates, dollar, Asian Financial Crisis
The world economy may be facing conditions seen during the 1997 Asian Financial Crisis — aggressive U.S. interest rate hikes and a strengthening U.S. [...]
Euro-dollar exchange rate yields steep discount for Americans
Mathieu Young/Getty ImagesAmericans traveling to Europe can do so a bit more cheaply these days than in recent years.The U.S. dollar is trading at its [...]
Forex reserves fall $6.7 bn to $564 bn in 7 days, at 2-yr low: RBI
The fall was mainly due to a decline in foreign currency assets, by $5.8 billion, followed by go [...]
When to buy euros, other currency for a trip abroad
Glowimages | Glowimages | Getty ImagesIt's a good time to be an American traveling abroad.The value of the U.S. dollar has been at its strongest in ye [...]
FPIs: Bourses, clearing houses weigh FPIs’ T+1 suggestion
Mumbai: A solution is in sight to address the concerns of foreign portfolio investors (FPIs) as well as to preserve the interest of active local trade [...]
BlackRock’s Fink says Russia-Ukraine war could accelerate use of cryptocurrencies
Larry FinkDavid Orrell | CNBCRussia's invasion of Ukraine could accelerate the adoption of digital currencies by central banks, according to BlackRock [...]
FX breakout: U.S. dollar caps week with surge to another 5-year high versus Japanese yen
The U.S. dollar soared versus the Japanese yen Friday, taking it to another five-year high as the Federal Reserve and Bank of J [...]
Turkey’s lira dips 2%; central bank says it will monitor forex risks
Ismail Ferdous | Bloomberg | Getty ImagesThe Turkish lira weakened as much as 2.6% on Wednesday, eating further into the huge gains made the previo [...]