Tag: TOPNWS
India probes education platform Byju’s over alleged forex law violations
April 29 (Reuters) - India's financial crime-fighting agency said on Saturday it had raided three premises linked to education platform Byju's and its [...]
Dollar weakens after U.S. payroll data suggests slowing inflation
NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after data in the U.S. unemployment report for February showed inflation pressures were e [...]
EU top court adviser backs FX borrowers, Polish bank stocks fall
Analysts say opinion is positive for borrowers with FX mortgagesBanks warn if EU top court follows advice it will cost billions Banking stocks fall af [...]
FOREX Yen surges as Kazuo Ueda set to be nominated BOJ governor
LONDON, Feb 10 (Reuters) - The yen strengthened broadly on Friday after the Nikkei reported that the Japanese government was set to appoint Kazuo Ueda [...]
FOREX U.S. dollar flat to moderately higher, weak outlook intact on Fed outlook
Dollar outlook remains tilted to downside, analysts sayRate futures price in rate cuts by end-2023NY Fed's Williams says peak rate likely between 5%-5 [...]
Caterpillar profit slides as costs and forex squeeze margins, shares down
Jan 31 (Reuters) - Caterpillar Inc's (CAT.N) fourth-quarter earnings slid by 29%, the company reported on Tuesday, citing higher manufacturing costs a [...]
Dollar edges down as traders look to central banks for cues
NEW YORK, Jan 25 (Reuters) - The dollar edged down against the euro on Wednesday in subdued trading as investors were hesitant to make any big bets ah [...]
Dollar up after data signals brighter outlook for U.S. business activity
NEW YORK, Jan 24 (Reuters) - The dollar rose against the euro on Tuesday after data showed U.S. business activity contracting for the seventh straight [...]
FOREX Dollar wavers after Fed minutes offer few surprises
LONDON/SINGAPORE, Jan 5 (Reuters) - The dollar was roughly flat in choppy trading on Thursday after the release of the latest Federal Reserve minutes. [...]
India’s forex reserves post biggest weekly gain in more than a year
MUMBAI, Nov 4 (Reuters) - India's foreign exchange reserves (INFXR=ECI) rose to $531.08 billion in the week through Oct. 28, marking their biggest wee [...]
FOREX Dollar tumbles as U.S. nonfarm payrolls show mixed picture
U.S. economy adds 261,000 new jobs, but unemployment risesDollar posts third weekly drop vs yenU.S. rate futures price in 51% chance of 75 bps hikeNEW [...]
Brazil’s Vale Q3 net beats estimates, helped by forex gains
SAO PAULO, Oct 27 (Reuters) - Brazilian miner Vale SA's (VALE3.SA) third-quarter profit fell by nearly a fifth but still beat analyst forecasts as fin [...]
Egypt’s currency slides as IMF deal triggers new FX regime
Central bank hikes rates in effort to contain inflationIMF says deal can catalyze about $5bln in FY 2022/33Finance rules that snarled imports to be ph [...]
Turkey halts lending to more FX-rich firms to boost lira
ISTANBUL, Oct 21 (Reuters) - Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday, sweeping up [...]
As intervention threat grows, Japan says FX speculators dealt with ‘strictly’
Finmin says cannot tolerate excessive, speculative yen weakeningYen falls beyond 150 to the dollar, 32-year lowMarket players brace for second round o [...]