Central banks need digital currencies to stay relevant
Central banks should consider using digital currencies for both wholesale and retail, according to European Central Bank (ECB) governing council ...
Tag: currencies
Emerging-market optimism dashed by Fed as currencies, bonds sink
An April rout in emerging-market (EM) bonds and currencies has some former bulls turning negative on the outlook for the ...
US dollar soars to highest versus yen since mid-1990 after inflation data
THE yen weakened on Wednesday (Apr 10), pushing the greenback to its highest against the Japanese currency since 1990, with ...
US dollar struggles for direction ahead of data despite rise in yields
THE US dollar struggled for direction on Tuesday (Apr 9) as investors were cautious ahead of inflation data due on ...
Greenback pauses ahead of US inflation data, yen nears 1990 lows
THE US dollar paused on Monday (Apr 8) as investors trained their sights on US inflation data later this week, ...
Greenback steadies, on track for weekly loss after job growth blowout
THE US dollar strengthened on Friday (Apr 5) but was still set for a weekly loss after data showed US ...
Dollar jumps as soaring US job growth beats expectations
THE dollar strengthened on Friday (Apr 5) after data showed US employers hired far more workers than expected in March, ...
Japan warns against excessive yen moves, repeats verbal intervention
JAPANESE Finance Minister Shunichi Suzuki said on Friday (Apr 5) that excessive exchange-rate moves were undesirable, reiterating the government’s resolve ...
Currency angst goes global as strong dollar vexes officials
A RESURGENT US dollar is exasperating central bankers and governments around the world, forcing them into action to relieve the ...
US dollar edges down after data, yen squeezed, Swiss Franc at multi-month lows
THE US dollar hit a one-week low on Thursday (Apr 4) as economic data supported expectations for quick rate cuts ...
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