China’s state banks ramp up US dollar buying to stabilise renminbi: sources
The combined actions of the lenders mark a reversal from last year’s efforts to defend the weakening renminbi China’s major ...
Tag: Dollar
US dollar mixed as yen sell-off wanes, euro hit by French politics
THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, ...
Hedge funds are using options to bet on year-end US dollar gain
Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s ...
Euro, yen slide for third straight day versus US dollar
The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political ...
Yen, euro extend slide against US dollar as politics calls the shots
Political developments drove currency markets again on Tuesday (Oct 7) with the yen falling to a two-month low after Sanae ...
OpenAI lifts another AI laggard with big plans for AMD
OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly ...
Amazon to pay $2.5 billion to settle claims it duped Prime customers
Amazon has agreed to pay $2.5 billion to settle accusations it tricked millions of customers into subscribing to Prime and ...
Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in ...
Asian local-currency bond sales reach record on risks to US dollar
US President Donald Trump’s unpredictable policy moves are driving investor demand for Asian local-currency bonds, spurring fresh interest in the ...
Weaker US dollar, bond yields lift gold to more than five-week high
Gold prices climbed to a more than five-week peak on Wednesday (Jul 23), supported by a softer US dollar and ...
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