Tagged central bank

March 10, 2022

Image ©Adobe Images The dollar looks set to extend its multi-week appreciation trend against the pound and euro amid gloomy market sentiment linked to the war in Ukraine and news that US inflationary pressure...

US Digital Dollar News: Is America switching to virtual currency? What is a CBDC?

March 8, 2022

A US digital dollar is on the way with the Federal Reserve revealing details in a new document. Source: Images by Marie Shearin / Shutterstock.com According to this document, the Fed plans to intro...

Canada preparing to welcome ‘unlimited number’ of Ukrainians fleeing war, minister says

March 3, 2022

Immigration Minister Sean Fraser announced on Thursday that the federal government has created two new pathways for Ukrainians fleeing their war-torn country to come to Canada - part of a plan to accept a "numb...

FX Markets Nervously Watch Ukraine Headlines, Cheer for Possible Top

February 21, 2022

By Alun JohnHONG KONG (Reuters) - Currency markets started the week nervously watching tensions in Eastern Europe, with the safe-haven yen not far off a two-week high while the euro was on edge. given the energ...

Dollar advances; Ukrainian president’s comments add to investor anxiety

February 14, 2022

The dollar appreciates on fears over UkraineThe euro considered vulnerable to a possible escalationDollar index hits two-week highNEW YORK, Feb 14 (Reuters) - The U.S. dollar index hit a two-week high on Monday...

Zimbabwe: Mangundya’s ‘Ginyanomics’ won’t solve inflation crisis, says Biti

February 12, 2022

FORMER Finance Minister Tendai Biti has called the Governor of the Reserve Bank of Zimbabwe a fool, saying his monetary policies are insufficient to control inflation. Biti said this in a scathing attack on M...

Asian stocks tumble after pullback on Wall Street | Economic news

January 19, 2022

By YURI KAGEYAMA, AP Business WriterTOKYO (AP) — Asian stocks fell in cautious trading on Wednesday. with Tokyo's Nikkei 225 down almost 3%, after Wall Street stocks fell to a new low for the year.Shares also ...

Dollar stabilizes as traders reassess rate hike bets

January 17, 2022

LONDON: The dollar fell slightly on Monday as traders believed the Federal Reserve's tightening measures were largely priced in, while the euro eased from Friday's two-month high. An unexpected drop in key rate...

Base metals fall on hawkish signals from US Fed

January 6, 2022

LONDON, Jan.6 (Reuters) - Industrial metal prices eased on Thursday after minutes from the US Federal Reserve's December meeting indicated that interest rates could rise faster than expected, dragging down l ap...

Dollar hits 5-year high in early 2022 as Tokyo shares rise

January 4, 2022

The US dollar briefly hit a five-year high in the upper 115 yen range on Tuesday, the first trading day of 2022, as Tokyo stocks surged to take the Nikkei index to its highest level in addi...

Dollar to Naira Black Market Exchange Rate Today

December 31, 2021

Black Market Rate in Naira - This is the latest USD-Naira exchange rate today. View the official dollar to naira exchange rate and black market exchange rate for dollar to naira. You can exchange yo...

Good year? Five economic hot spots to watch out for in 2022 | Mondial economy

December 28, 2021

After the turbulence of the past two years, the consensus among economic experts is that 2022 will be calmer. But at the end of 2019, when the first reports of a new coronavirus began to filter from Wuhan in C...

Disappearance of Omicron worries set up actions for weekly gain, rocking the US dollar

December 24, 2021

MILAN / HONG KONG (Dec 24): Stock markets in Europe and Asia cemented gains in light holiday trading on Friday, as the safe haven US dollar eased on signs the Omicron variant would do not significantly derail g...

AUD / USD Holds Post-Fed Gains Below 0.7200 On Bullish Australian Jobs Data

December 16, 2021

AUD / USD reverses form of weekly pullback after Australian data, maintains Fed-linked rise. Australia The unemployment rate fell, employment trends picked up in November. Lowe of the R...

Another congressional hearing, December 6-13

December 14, 2021

The biggest regulatory story of the week was a hearing by the United States House Committee on Financial Services, which focused entirely on crypto. Even the title of the event - “Digital Assets and the Future...

Gold price regains ₹ 48,000 on MCX. Good opportunity to buy?

December 12, 2021

The price of gold returned to psychological level on Friday ??48,000 Mark on Multi Commodity Exchange (MCX) and closed at ??48 189 in 10 g levels, ??250 from its Thursday close. Accordin...

Inflation data for the United States, China, oil prices

December 9, 2021

SINGAPORE - Asia-Pacific markets fell on Friday as investors assess risks associated with new omicron Covid variant and anticipate key US inflation dataJapan's Nikkei 225 extended its losses from the previous s...

RBI could keep rates amid virus risk

December 5, 2021

Duty and Tariffs

The Reserve Bank of India is expected to keep interest rates on hold and postpone policy normalization at a key meeting this week as the Omicron variant of the novel coronavirus poses risks ...

Aussie dollar could wobble on RBA rate decision, Omicron variant and US CPI

December 4, 2021

Fundamental Australian Dollar Forecast: BearishThe Australian dollar hit a new low against the US dollar last weekOmicron Covid-19 variant poses risk if strict lockdowns ensueAttention Shifts to Reserve Bank o...

Silver will show the way

December 1, 2021

For the first time in many years, the precious metal universe has outpaced the S&P 500 and Dow. This has been the case since October began. And as we thought would happen, silver has been stronger...

Afghan dispatches: “inflation tears the lives of millions of people” – JURIST – News

November 29, 2021

Law students and lawyers in Afghanistan file reports with JURIST on the situation there after the fall of Kabul to the Taliban. Here, a law student in Kabul offers his take on how the soaring inflation of the ...

The euro is plunging – and probably won’t rebound anytime soon

November 27, 2021

The euro has weakened against the US dollar since the start of 2021, going from around US $ 1.23 to its current exchange rate of US $ 1.13. That's a drop of around 9%, which is significant, especially since t...

Auto Insurance Profits Rise in 2020

November 16, 2021

Personal Injury News

Profits made by insurance companies on their auto business increased last year, according to the Central Bank. In a new report on the private auto insurance industry, the price of the average auto premium has ...

Taliban impose foreign currency ban

November 4, 2021

The Taliban government has banned the use of foreign currency in Afghanistan, a surprise move that could weigh on a cash-strapped economy and further isolate the country. The move came as the Taliban pushed fo...

AUD / USD is trading modest losses around 0.7500, lack of follow-through

November 1, 2021

AUD / USD edged down for the second day in a row on Monday amid modest dollar strength. The decline remains dampened ahead of major central bank events - the RBA / FOMC meetings. AUD /...

Sterling pushed down by the US dollar; rise against the euro

October 30, 2021

The British pound fell against a stronger US dollar on Friday, but recovered some of the previous session's losses against the...

XAG / USD Remains Capped Below $ 24.20 / 25 Resistance Zone

October 27, 2021

The resumption of Solver prices from 23.80 points lows below $ 24.25. Precious metals edged up Wednesday, helped by a weaker US dollar. XAG / USD should appreciate towards $ 25.20 - Com...

USD / CNH prints four-day downtrend near $ 6.3800 on China-U.S. News and PBOC

October 26, 2021

USD / CNH remains under pressure around the week's low, fades and bounces off the intraday low. Discussions between the United States and China highlight the need for communication and c...

Dow Post Closing Record, Stocks Gain for Week 3; falling dollar

October 23, 2021

S&P 500, the Nasdaq ends its session downEvergrande avoids default with surprise interest paymentU.S. 10-year yields fallNEW YORK, Oct. 22 (Reuters) - The Dow Jones Industrial Average set a closing record on Fr...

Risk of defaults for other developers, PBOC on Evergrande

October 18, 2021

Real Estate News

Aerial photograph of the "River View House" on the Yangtze River. Yichang, Hubei province, October 16, 2020.Cost | Barcroft Media | Getty ImagesThe fallout in China's real estate sector shows no signs of slo...

Greenback ends winning streak as risk sentiment rebounds

October 16, 2021

Reuters, NEW YORK and LONDON ...

Asian Stocks Rise As Wall Street Tech Gain Boosts Optimism | Economic news

October 14, 2021

By YURI KAGEYAMA, AP Business WriterTOKYO (AP) - Asian stocks were mostly higher on Thursday, following an overnight rally on Wall Street as investors sought bargains, including tech stocks.Benchmarks rose in T...

Acceptance above 50-SMA is essential to trigger further recovery

October 11, 2021

EUR / USD is stuck in a range below 1.1600 as the US dollar tries to rebound. Bad NFP pushes EUR / USD higher, but firmer US Treasury yields will keep the decline intact. EUR / USD ex...

Snapshot – The rising US dollar both symptom and catalyst of the global slowdown

October 4, 2021

A surge in the US dollar signals for some the clearest sign of a falling tide and a sharp slowdown in the global economy for th...

AUD / USD presents obstacles that could be overcome

October 2, 2021

Australian Dollar, AUD / USD, China, RBA, Fed, Yields - Fourth Quarter Fundamental ForecastThe Australian dollar depreciated against the US dollar to end the third quarterBad news can be assessed in AUD / USD,...

EUR / USD tries to hold 1.1600 as USD retreats, US GDP in sight

September 30, 2021

EUR / USD regains ground in Thursday's Asian session. The US dollar index turns slightly negative amid declining Treasury yields. The weakening of the Fed, the limit on US debt and risi...

US stocks fall as bond yields rise; Dow Down more than 500 points

September 28, 2021

US stocks fell on Tuesday, posting their biggest pullback since May, as rising bond yields deepened the rout in tech company stocks.For much of the past decade, many investors have invested in stocks of fast-gr...

Breaches critical daily support line amid rising Treasury yields

September 28, 2021

EUR / USD continues a three-day bearish trend amid relentlessly rising US yields. The Fed's hawkish turn and optimism about the economy are raising returns with the USD. An impending b...

GBP / USD stable above 1.3700 despite US dollar strength

September 27, 2021

GBP / USD hovers around 1.3709 at the close of the European session. The BoE's hawkishness strengthens the outlook for the pound sterling. US durable goods orders in August rose 1.8%, o...

US dollar remains strong, posts weekly gains for third consecutive time

September 26, 2021

In its third consecutive week of gains, the greenback rallied against a basket of major currencies as investors sought the safe haven currency amid uncertainty over beleaguered Chinese real estate developer Eve...

Indian rupee: Cross Currency | Is the long-term weakness of the rupee preventable?

September 26, 2021

The USD-INR remained in a narrow range during the week despite the hawkish statement from the US central bank; After opening at 73.81, the pair traded between 73.57 and 73.93 before ending the week at 73.69. ...

It’s now or never – US needs to prepare for digital currency

September 25, 2021

Welcome to the world of central bank digital currency, or CBDC, where big countries like China and small countries like the Bahamas are trying to make their presence felt. It's a world where 86% of the world's...

The laurels of the rates go to the US Federal Reserve

September 24, 2021

GBP / USD weekly forecast: rate laurels go to US Federal Reserve BOE leaves rates, asset purchases unchanged, warns of inflation. The Federal Reserve and President Powell have paved the w...

US Dollar, FOMC, GBP / USD, BoE, USD / JPY, BoJ, AUD / USD, Chinese Debt Crisis

September 19, 2021

A wave of risk aversion surprised traders last week, pushing down benchmarks and sentiment-sensitive currencies. Investors weighed Covid concerns and the risks of Chinese contagion against a faltering global ...

Bearish sentiment increases in the gold market as bond yields and the US dollar rise

September 17, 2021

Editor's Note: With such market volatility, stay up to date with the daily news! In minutes, discover our quick summary of today's must-see news and expert opinions. Reg...

XAU / USD Cuts Weekly Gains Below $ 1,800 Before US Retail Sales

September 16, 2021

Gold (XAU / USD) takes offers around $ 1,792.50, extending yesterday's losses ahead of Thursday's European session. The yellow metal did not benefit from the weakness of the US dollar on...

Uruguayan regulator suggests crypto-real estate “exchanges” are possible

September 16, 2021

Real Estate News

Source: Adobe / Palacio SalvoSpectral-DesignA Uruguayan financial regulator issued an ambivalent statement in response to a question about how it vi...

Remittance payments to Afghanistan limited to local currency sources

September 11, 2021

LONDON, Sept. 11 (Reuters) - The Afghan central bank has ordered banks to pay remittances in local currency only, the latest move to preserve scarce U.S. dollars, people familiar with the matter say.Hard curren...

US dollar weakens after US wage bill falls short of expectations

September 4, 2021

Reuters, NEW YORK and LONDON ...

Asian stocks in cautious mood, dollar near month-to-month low

September 2, 2021

A man wearing a face mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, in the Pudong financial district in Shanghai, China February 28, 2020. REUTERS...

US dollar slips after Fed’s Powell embraces tapering

August 28, 2021

The US dollar slipped on Friday after US Federal Reserve Chairman Jerome Powell said in a much-anticipated speech that the US ...

GBP / USD defends 1.3700 despite coronavirus, Brexit nervousness

July 22, 2021

GBP / USD remains on the sidelines after rebounding from its five-month low. The EU rejects the UK's request to change the NI protocol but is open to "practical and flexible solutions". ...

FTSE 100 hits two-month low, pound slips amid growth and Covid-19 concerns – business live | Business

July 19, 2021

Hello and welcome to our continued coverage of the global economy, financial markets, euro area and business. Growing concerns over the Covid-19 pandemic weigh on markets, the day England lifts its...

US Dollar fails to come out as Powell ends speculation of early QE slowdown

July 17, 2021

With inflation continuing to soar in the United States, expectations were high that the Fed would signal the end of quantitative easing as soon as possible. This was all th...

Sri Lanka’s economy is in crisis as debt rises and reserves shrink

July 14, 2021

Duty and Tariffs

COLOMBO, Sri Lanka (AP) - Sri Lanka has cut imports of agricultural chemicals, cars and even its turmeric, a staple spice as its foreign exchange reserves dwindle, hampering its ability to repay a mountain o...

Baystreet.ca – USD / CAD – Canadian dollar finds near-term low

June 30, 2021

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Why India must adopt G7 proposal to tax multinational tech giants

June 30, 2021

Duty and Tariffs

Representative image of the Union Ministry of Finance | ANI Text size: A- A + On June 5, 2021, finance ministers and central bank governors of the Group ...

NZDUSD remains depressed below 0.7250, US dollar rebounds

June 28, 2021

The NZD / USD moves cautiously during the early hours of Asian trading. The US dollar recovers from initial losses and remains above 91.80. Kiwi enjoys support from better risk appe...

US dollar rises after Powell’s remarks

June 23, 2021

New York, June 23 (Xinhua) -The US dollar soared Wednesday night as market participants digested Federal Reserve Chairman Jerome Powell's comments on inflation. The dollar index, which measures greenb...

The dollar has calmed down as markets await U.S. leadership

June 14, 2021

Overview: The short squeeze that pushed the US dollar higher ahead of the weekend resulted in limited follow-up buying, and instead a tone of consolidation emerged. Europe is looking fo...

US dollar looks stronger as euro and pound plunge

June 12, 2021

The euro and British pound plunged against the US dollar on Friday, with investors betting interest rates would stay low fo...

Buy US dollar declines Say Morgan Stanley, euro-dollar target rate 1.1700

June 8, 2021

Inflation data, a potential win-win for the dollar (USD) The euro (EUR) unable to advance further Currency wars are back on the agenda Foreign exchange analysts at Morgan st...

US stocks fall as investors reflect on impact of unemployment data on inflation and Fed policy

June 3, 2021

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, United States, March 9, 2020. Bryan R Smith / Reuters US stocks fell on Thursday as investors pondered the impact of...

Rising yuan paves way for more friction between China and US

June 2, 2021

The People's Bank of China is concerned about the strength of the Chinese yuan. It's something to watch out for: Any attempt to prevent it from rallying further would provide new fuel for a confr...

The dollar edges up on manufacturing data after initial sluggishness

June 1, 2021

Business ...

US dollar abandons gains for week as markets digest data

May 29, 2021

The US dollar gave up its gains early on Friday as traders settled their positions before month's end and a holiday weekend...

UPDATE 1 – Net short US dollar hits three-month high – CFTC, Reuters data

May 28, 2021

(Table added, analyst comment, bitcoin futures) By Gertrude Chavez-Dreyfuss NEW YORK, May 28 (Reuters) - Net shorts in US dollars soared this week to the highest level since late February, according to Reute...

Chinese currency hits three-year high, topping 6.4 per US dollar

May 26, 2021

The Chinese renminbi continues to rise against the weaker US dollar, as the offshore currency broke the 6.4 yuan mark on Tuesday afternoon and marked the strongest since June 2018.The onshore renminbi also h...

HSBC Exclusive CEO Says Bitcoin Isn’t For Us

May 24, 2021

The representation of the bitcoin virtual currency is seen on a motherboard in this photo illustration taken on April 24, 2020. REUTERS / Dado Ruvic / IllustrationHSBC (HSBA.L) has no plans to launch a crypt...

Gold Prices: Gold Prices Firm on Weak US Dollar, T-Bill Yields

May 24, 2021

Gold prices edged up on Monday, hitting near their highest level in more than four months, as the weaker dollar and lower yields on US Treasuries supported the safe haven. Spot gold rose 0.1% to $ 1,882.10 ...

US regulators report higher risk and fiscal oversight for cryptocurrencies

May 21, 2021

U.S. Federal Reserve Chief Jerome Powell stepped up the pressure on cryptocurrencies on Thursday, saying they pose risks to financial stability and indicating that more and more regulation of electronic mone...

Emerging markets attract $17 billion in inflows in the first three weeks of 2021

March 11, 2021

Investors piled billions into emerging market assets in early 2021 after a banner end last year, showing how the flood of central bank stimulus continues to drive a frantic hunt for yield.A group of 30 m...

Lebanese central bank governor inflated assets as liabilities rose – audit

March 11, 2021

Through Samia Nakhoul, Tom arnoldBEIRUT / LONDON, July 23 (Reuters) - The governor of Lebanon's central bank inflated the institution's assets by more than $ 6 billion in 2018, according to his audited annual a...

Will the coronavirus tear Europe apart?

March 11, 2021

German Chancellor Angela Merkel Photo: Cl...

Forbes India – Why Banks Can No Longer Afford To Relax Lending Standards

March 11, 2021

Image: Hemant Mishra / Mint via Getty Images/> The small finance banks and microfinance institutions that have proliferated in India in recent years play a vital role in the financial ecosystem. These c...

Eurozone pledges to continue budget support against COVID, to work on stimulus plans

March 11, 2021

BRUSSELS (Reuters) - Eurozone finance ministers on Monday pledged continued budget support to their economies and discussed the design of post-pandemic stimulus packages as the European Commission warned that t...

The years that almost broke the euro

March 11, 2021

The financial and economic crisis of 2007-2008, followed quickly by the euro crisis of 2009-2010 and beyond, shook the world. Some analysts have declared the end of the euro one of the most important symbols of...

Markets fly blind on climate change

March 11, 2021

As wildfires scorch the west and multiple hurricanes threaten the Atlantic coasts, it is clear that even in the midst of a global pandemic, the issue of climate change requires special attention. One obst...

Imran Khan’s ‘Naya Pakistan’ is the final stage: report

March 11, 2021