Notable Residents

Gold maintained its offered tone throughout the first North American session, and is now trading at around $1,665, slightly above the daily low. A stronger US currency is hurting the dollar-denominated commodity, which has fallen below…

The USD has been bullish since the start of the year. There were some bearish periods during this period, but the overall trend remains quite bullish as seen by the DXY USD index. The moving averages provided support during the lower…

© Reuters. By Ambar Warrick Investing.com-- Most Asian currencies fell on Friday, with the Chinese yuan slipping past an important psychological level as concerns over rising interest rates and a possible recession dampened…

By Caroline Valetkevitch NEW YORK, September 13…

© Reuters. By Peter Nurse Investing.com - The U.S. dollar weakened in early European trading on Monday, while the euro hit a three-week high as traders reassessed the European Central Bank's interest rate path at following last…

New Delhi, Sep 10 (IANS) The interest rate is at its highest level in two decades, reflecting continued interest rate hikes by the US Fed and lingering geopolitical risks.Suman Chowdhury, Chief Analytical Officer, Acuite Ratings &…

NICOSIA, CYPRUS / ACCESSWIRE / September 6, 2022 / Atalaya Mining Plc (AIM:ATYM)(TSX:AYM) announces the exchange rates that will be applied to its 2022 interim dividend of $0.036 per common share ("2022 Interim Dividend"), which was…

As banks raise their interest rates on deposits and loans in India amid tighter monetary policy, lenders are also raising rates for foreign depositors. Private sector lender Yes Bank has now raised interest rates on its fixed deposits for…

The #USDINR trading range for the day is 79.14-80.44.# The rupiah held firm as weaker oil prices and exporters selling dollars shielded it from a sell-off in global risk assets.# India Manufacturing fell slightly to 56.2 in August 2022…

© Reuters. FILE PHOTO: A man walks in a park in a business district in Seoul, South Korea March 23, 2016. Picture taken March 23, 2016. REUTERS/Kim Hong-Ji By Cynthia Kim, Jihoon Lee and Seunggyu Lim SEOUL (Reuters) - Russell is…

Gas prices have risen since the third quarter of last year, and especially since March when the conflict in Ukraine began. The moving averages have served as support at the bottom over different time frames, and the 50 SMA (yellow) has…

As we noted when we talked about Sri Lanka's problems, you cannot have a currency shortage if you have a floating exchange rate. If the price can change, supply and demand will balance out, which is how markets work.There are other…

By John McCrank NEW YORK, August 23 (Reuters)…

China Cup his One-year prime lending rate (LPR) at 3.65% vs. 3.7% and five-year LPR at 4.30% against 4.45% on Monday. The cuts in the LPRs were widely expected. A 10bp decline on the 1y was the expected consensus, not the 5bp decline…

Foreign exchange reserves fall by more than $2 billion, plunging for the second week in a rowIndia's foreign exchange reserves fell by more than $2 billion in the week ending August 12 as the Reserve Bank of India stepped in…

Gold is trading near a two-week low, with rounds at $1,761 from Thursday's Asian session. The recent immobility of the precious metal could be attributed to a lack of large data/events. However, after a brief dovish game, conflicting US…

Overview of central bank supervision:Multi-decade highs in inflationary pressures are expected to prompt further rate hikes by the Bank of England and the European Central Bank in the months ahead.However, growing recession fears in the…

The Bangladesh Bank is now trying to try out a new set of rules to manage volatility in the foreign exchange (forex) market.As part of the latest decision, the central bank is expected to hold a meeting with top bankers on Sunday with this…

the herald Africa MoyoAssociate Editor They don't know what suddenly hit them. It's no longer business as usual for most, if not all, illegal street moneychangers. They used to make the decisions over the past few months, determining the…

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NESG The Nigerian Economic Summit Group (NESG) has identified multiple exchange rates as one of the major barriers to attracting tangible foreign direct investment (FDI) to Nigeria. The disclosure was part of a statement from the…

As the peso continues to weaken against the US dollar MANILA, Philippines – The country's foreign exchange reserves fell below $100 billion last month for the first time in nearly two years amid a sharp depreciation of the peso against the…

Dollar Safe Haven Returns on Visit to TaiwanThe euro and the pound lose groundTension impacts stocksThe US dollar regained strength on Tuesday starting the week in a dominant position as Nancy Pelosi's trip to Taiwan sent shockwaves through…

The shareholders of Nigerian Aviation Handling Company Plc (NAHCo Plc) have approved a total dividend of N665 million for the year ended December 31, 2021. Shareholders gave their approval at the company's 41st Annual General…

https://www.youtube.com/watch?v=8bZqs8xdoFM Preview of the week ahead:The Australian Inflation Rate (CPI) report for Q2 2022 will give the Reserve Bank of Australia more reason to hike rates aggressively in the near…

The author is an analyst at NH Investment & Securities. She can be contacted at [email protected] -- Ed. We believe good earnings momentum continued at Shinsegae International in 2Q22,!-->…

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BANGKOK, July 15 (Reuters): Bearish bets on almost all Asian currencies have firmed to new multi-year highs as fears of a looming recession as interest rates!-->…

(Adds details, quotes, comments from Fed officials, updates prices) *Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E By Karen Brettell NEW YORK, July 14 (Reuters) - The dollar pared gains on Thursday after two Reserve officials said…

The Reserve Bank of India (RBI) has recently removed the interest rate cap on Non-Resident Banks' Foreign Currency Deposits, or FCNR(B), and Non-Resident's External Accounts (NRE) for the period from July 7 to October 31.…

Over the past eight months, foreign portfolio investors have taken nearly $40 billion out of India by selling stocks and bonds. During this period, India's foreign exchange reserves fell by $52 billion. The rupee is falling against…

Mumbai: The Reserve Bank of India (RBI's) exchange pool decreased by $5 billion to less than $590 billion for the week ended June 24. central bankannounced the drop in reserves at a time when it was actively defending the rupee, which!-->!-->!-->!-->…

Yesterday's market wrapYesterday, the markets continued with the volatility that we saw the day before, after the breakout of some major levels on Tuesday. EUR/USD broke below the 20-year low of 1.0330-50 on Tuesday, while Crude Oil broke…

Yesterday's market wrapIt was a holiday weekend in the United States, which meant that the US markets were closed yesterday, so it was pretty quiet. Most of the major currency pairs ended up back where they started after jumping up and…

Get our trading strategies with our monthly and weekly predictions of currency pairs to watch using support and resistance for the week of July 4, 2022.AdvertisingThis week I will start with my monthly and weekly predictions of the currency…

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Over the past few days, the Rupee has hit a series of record lows and is currently hovering around 79 against the US Dollar on concerns about economic growth amid multi-year high inflation, interest rate hikes interest,…

A money changer holds Turkish lira and US dollar banknotes at a currency exchange office in Ankara, Turkey, December 16, 2021.Cagla Gurdogan | ReutersTurkey's currency, the lira, got a much-appreciated boost on Monday and the previous…

USD TO PKR and other exchange rates (credit: file) !-->…

USD TO PKR and other exchange rates (credit: file) !-->…

Last week, we saw the SIRIN LABS (SRN) cryptocurrency coin surge nearly 1000%, making it the top earner on Friday. This was big news for a crypto token that hadn't done much in a while, especially during a bear market.SIRIN LABS recent…

© Reuters. A view of a representation of the Bitcoin cryptocurrency sinking into water in this illustration taken May 23, 2022. REUTERS/Dado Ruvic/Illustration By Tina Bellon (Reuters) - On Sunday rose around 7.6% to $20,404 from its…

Gold price analysis and newsChoppy Gold Trade Set to PersistGold Techs to WatchChoppy Gold Trade Set to PersistGold is on course for a weekly loss for the first time in 4 weeks as rising global yields and a rising US Dollar continue to…

By Tom WestbrookSINGAPORE, June 16 (Reuters) - The dollar found some footing in Asia on Thursday as initial relief that the Federal Reserve had not gone further than expected in raising rates began to fade in the face of rising…

MUMBAI: The rupee hit a new low of 78.28 in intraday trading and closed below the 78 level for the first time on Monday as foreign investors sold in equity markets on fears that the US Fed could raise further interest rates. A forex trader…

USD/CHF TALKING POINTSOverview of Swiss National Bank interest ratesUS inflation and upcoming Fed decisionIG Client Sentiment: BullishBASIC CONTEXT OF THE SWISS FRANCOn Fridays, the US CPI beat revived dollar bets, causing USD/CHF to…

Recap of Thursday's trading session on Wall Street Sentiment notably deteriorated on Wall Street looking back to Thursday's trading session. Nasdaq 100, S&P 500 and Dow Jones futures fell 2.7%, 2.4% and 1.9% respectively. For all…

The ECB is expected to announce its monetary policy decision tomorrow, where the focus will be on the rate forecast from July. There has been a growing chorus of calls for the ECB to raise rates, but they are unlikely to raise rates this…

Today was quiet as many countries are closed for a bank holiday weekend, although there was some price action. We saw a rise in the price of risky assets such as stock markets, commodity dollars and cryptocurrencies earlier this…

A gunpowder coated butterfly effect, if you will. As guns and tanks rumbled across the steppes on February 24 when Russia invaded Ukraine, it blasted a deadly hole in the pockets of the average Indian. 100 days after the start of the war…

We cannot say today how much interest rates will have to riseWe need to bring rates to a longer-term neutral level as soon as possibleWe all agree that inflation is the number one problem in the economy.we can't tell if we should break to…

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Get Forex forecasts using fundamental, sentiment and technical position analysis for major pairs for the week of May 30, 2022 here.The difference between success and failure in Forex/CFD trading is very likely to depend primarily on which…

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The FOMC meeting minutes for the 50 basis point rate hike on May 4 have been released. The Fed said:The Fed should quickly steer its monetary policy towards a more neutral stanceA restrictive policy may become appropriateOfficials stress…

Remarks by ECB President Christine Lagarde Justin Low Tuesday 05/24/2022 | 06:50 GMT-0 05/24/2022 | 06:50 GMT-0…

The US dollar has rallied strongly this year, with the widely watched US dollar index hitting a 20-year high. Multinationals, including Apple and Pfizer, noted…

© Reuters. Lebanese President Michel Aoun leads a final cabinet meeting before the government enters a gatekeeper status at the presidential palace in Baabda, Lebanon May 20, 2022. Dalati Nohra/Handout via REUTERS By Maya Gebeily,…

• Q1 22 revenue and EBITDA recorded annual growth of 16% and 8% respectively. Normalized NPAT Rs.4.3Bn • Total taxes paid to GoSL Rs5.9Bn, of which Rs2.1Bn in direct taxes and Rs3.8Bn in indirect taxes • Capex investments of…

The Center for the Promotion of Private Enterprise, CPPE, warns that the presidential ambition of the Governor of the Central Bank of Nigeria, Godwin Emefiele, is a distraction that is dragging the apex bank into the chaotic space…

Udaipur, May 14 (IANS) Congress on Saturday said the state of India's economy is a cause for extreme concern as foreign exchange has dried up, calling for an overhaul of economic policies.Stating that in the ongoing 'Chintan Shivir', the…

On April 13, 2022, Judge Crane of the New York County Commercial Division issued a decision in Qatar v First Abu Dhabi Bank Pjsc2022 NYLJ LEXIS 410holding that a motion to dismiss a claim against a foreign bank for incompetence should…

Breadcrumb Links PMN Company Author of the article: Bloomberg News Sebastien Boyd Content of the article (Bloomberg) - Forex traders are set to pummel the euro again as the war in Ukraine and supply chain…

This content will only appear on Forex sites! Welcome to Forex Friday, a weekly report where we discuss selected currency themes primarily from a macro perspective, but we also add a dash of technical analysis…

© Reuters. FILE PHOTO: Russian 100-ruble banknotes are placed on a cashier's desk at a supermarket in the Siberian town of Tara in the Omsk region, Russia December 14, 2021. REUTERS/Alexey Malgavko (Reuters) - The Russian ruble jumped…

(Bloomberg) --A measure of Australian consumer sentiment plunged 6% last week on expectations that a spike in inflation will prompt the Reserve Bank to raise interest rates.The consumer confidence index fell to 90.7, the lowest level since…

Karachi, Pakistan - Despite its rapidly dwindling foreign exchange reserves, which will hamper imports of essential fuel, cooking oil and pulses, Pakistan says it will not be in dire straits like neighboring Sri Lanka and has a "strategy"…

© Reuters. FILE PHOTO: Men enter the offices of the CME Group in New York, U.S., October 18, 2017. REUTERS/Brendan McDermid By Sohini Podder and John McCrank (Reuters) - CME Group Inc reported quarterly profits on Wednesday that beat…

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Crude Oil Fundamental Forecast: NeutralWTI crude oil prices fell last week despite Ukraine woes, demand betsA rise in the US dollar and another decline in the S&P 500 played against energiesAll eyes are on weaker US GDP and the Fed's…

Central Bank of Nigeria (CBN) Governor Godwin Emefiele has explained why the apex bank cannot float the exchange rate freely despite pressure from the World Bank and the International Monetary Fund (IMF). Emefiele said the free…

Australian Dollar Outlook:AUD/JPY rates hit their highest level since June 2015, keeping a “buy the dip” mindset intact.AUD/USD rates have been weaker for the past few days, but today's bounce off former resistance turned support suggests…

US dollar surges on Fed tightening jitters and euro weakness The euro and yen have fallen since Thursday, and US bond yields have firmed noticeably once again as fears of a Fed rate hike grow as we get closer to May's FOMC. This combined…

Nine years and three indictments later, the Central Bureau of Investigation has continued to follow the money trail in the ₹3,727 crore AgustaWestland chopper deal, with a particular focus on politicians and government officials who…

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USD: the dollar will remain bullish before the publication of the March CPI The dollar starts the week at its cyclical highs. This decision remains largely motivated by the surge in…

Foreign Reserve Levels: For the previous week - ending March 25 - reserves decreased by $2.03 billion to $617.648 billion. India's foreign exchange reserves fell by $11.17 billion for the week ending April 1 - the biggest weekly drop on…

Costco Wholesale ended the first quarter of the calendar year in March with its third consecutive month of double-digit net and comparable sales gains. For the five weeks ended April 3, net…

Gold closed the previous week in red territory but overall maintained its broader sideways movement that it had been moving in for the past few months. Gold traders continue to closely monitor economic and geopolitical developments…

The first months of 2022 went as expected in the best trading opportunities of the first quarter of 2022: the US S&P 500 outperformed the US Nasdaq 100; EUR/USD rates fell below 1.1000; and the US Treasury yield curve (2s10s) has…

There is no doubt: gold prices exceeded our expectations in Q1'22. Our rationale for not taking a bullish outlook on gold was, and still is, well-founded: Central banks, including the Federal Reserve, began to scale back pandemic-era…

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Canadian dollar outlook:The Canadian dollar has benefited enormously from the sustained rise in energy prices as well as a rebound in risk appetite over the past two weeks.USD/CAD rates broke through the ascending triangle support, while…

LAHORE: Regardless of the fate of the no-confidence motion, Pakistan is likely heading for an acute balance of payments crisis as foreign exchange reserves deplete at an increasingly alarming rate. For more than three years, this…

© Reuters. Morale in the cryptocurrency ecosystem rises on March 24 as several days of positive movements helped to rally (BTC) back above $44,000 and Ether bulls took control at $3,100. The rise in the price of BTC comes amid…

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The dollar is getting strong againFed and BOE rate hikesStocks rally to end week highThe U.S. dollar today regained some of the strength it had lost in the previous 48 hours as the foreign exchange market assessed the impact of rate hikes…

In this video, we compare the long-term resistance levels in and . Gold is technically in a cleaner position as it only has resistance around $2,100 and should break that in the coming months. Meanwhile, silver is yet to face…

© Reuters. FILE PHOTO: Russian Central Bank Governor Elvira Nabiullina attends a news conference in Moscow, Russia June 14, 2019. REUTERS/Shamil Zhumatov (Reuters) - Russia's central bank is expected to keep its key rate unchanged at…

Rate hike expected as inflation continues to rise The week was once again volatile in financial markets, with events in and around Ukraine continuing to dominate. Sentiment still dominates the headlines and huge uncertainty remains…

The author is an analyst at Shinhan Investment Corp. She can be contacted at [email protected] -- Ed.4Q21 results beat expectations on surprisingly strong OEM sales Youngone reported!-->!-->…

A view shows the Central Bank building, in Beirut, Lebanon, November 12, 2020. REUTERS/Mohamed AzakirJoin now for FREE unlimited access to Reuters.comRegisterBEIRUT, March 9 (Reuters) - Lebanon's central bank on Wednesday denied that its…

https://www.youtube.com/watch?v=POgkG1HzpYU Preview of the week ahead:The European Central Bank is expected to strike a dovish tone this week as EU and US sanctions against Russia stoked a liquidity crunch.US inflation…

2/2 © Reuters. FILE PHOTO: A general view shows a protest against the government's agreement with the International Monetary Fund (IMF), in Buenos Aires, Argentina February 8, 2022. REUTERS/Miguel Lo Bianco/File Photo 2/2 By Walter…

Last month, the Bank of Jamaica (BOJ) adjusted its monetary policy to tackle inflation, which had exceeded the target. In January 2022, the inflation rate of 9.7% remained above the upper limit of the central bank's target range. And that…

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Russian ruble coins are seen in front of the descending stock market chart displayed in this illustration taken February 24, 2022. REUTERS/Dado Ruvic/IllustrationJoin now for FREE unlimited access to Reuters.comRegisterThe central bank…

Australian Dollar Talking PointsAUD/USD breaks series of higher highs and lows at the start of the week as the increase Russia-Ukraine tensions appear to be spurring a flight to safety, and the exchange rate could consolidate ahead of…

ECONOMYNEXT - Sri Lanka has released foreign currency for a diesel ship, Central Bank Governor Nivard Cabraal has announced, as a decision on price increases is still awaited. "The currencies for the diesel ship have…

Archive photo of Ghanaian cedis banknotes The Cedi was trading against the dollar at an average rate of 6.4227Its trade value against the British pound was at an average rate of 8.7391The average rate of the euro is at 7.2865Note that…

© Reuters. FILE PHOTO: A member of the Ukrainian State Border Guard Service patrols the area near the border with Russia in Chernihiv region, Ukraine February 16, 2022. REUTERS/Valentyn Ogirenko By Karin Strohecker LONDON (Reuters) -…

British Pound Outlook:The three major GBP crosses continue to move in a way that indicates greater strength in the pound.Better than expected UK labor market data and inflation estimates suggest the Bank of England will raise rates again…

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The ECB's hawkish turn and the BoE's tightening policy Last week, the European Central Bank (ECB) decided to keep its key rates unchanged despite the rise in inflation. The announcement meets market expectations. The central bank has…

The black market dollar to naira exchange rate today February 12, 2022 can be accessed below. IMPORTANT NOTE: Please note that the exchange rate changes every hour.…it depends on the volume of dollars!-->!-->…

The NZD/USD bears are hiding in an attempt to take support from the daily trendline. A Doji candle followed by a daily engulfment could signal that more bears are coming in the days ahead. The RBNZ inflation…

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China's crackdown on mining has led miners to seek other countries in which to continue their operations. Cost reduction promises drove some to Argentina. However, the country's government has now implemented new tariffs for crypto…

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https://www.youtube.com/watch?v=SdyuyphZII0 Preview of the week ahead:The first week of February brings several rate decisions and jobs reports from the G20 economies.While the Reserve Bank of Australia and the Bank of…

In the crypto market, volatility continues to reign supreme, and fear, uncertainty, and doubt (FUD) are rampant. This makes it difficult for any project to rise above the noise and post positive price gains, but there are a few…

(Adds analyst quotes and details throughout; updates prices) * Canadian dollar weakens 0.4% against the greenback * Trades in a range of 1.2560 to 1.2688 * Price of U.S. oil settles 2% higher * Canadian 10-year yield rises…

Archive photo of Ghanaian cedis banknotes The Cedi was trading against the dollar at an average rate of 6.0109Its trade value against the British pound was at an average rate of 8.0820The average rate of the euro is at 6.7896Note that…

3/3 © Reuters. A damaged ATM is pictured in Beirut, Lebanon March 17, 2021. REUTERS/Mohamed Azakir/File Photo 2/3 By Edmond Blair (Reuters) - Lebanon is in the grip of a deep economic crisis after successive governments racked up debt…

Late payment frustrations are on the rise, prompting companies to upgrade their B2B transactions and other processes. Today, 45% of businesses rate slow payment turnaround times as one of their top issues, according to the "Next-Gen…

JAKARTA, Jan 20 (Reuters): Asian emerging market currencies edged higher on Thursday as easing U.S. Treasury yields choked off dollar gains, while central!-->…

Wrapped Bitcoin fell again today, down 2.52%, taking the stablecoin to $41,571 (WBTC/USD). This crypto is down, falling from $43,166 on Saturday.WBTC/USDSimilarly, Bitcoin (BTC) is down 2.68% at a rate of $41.543. As Bitcoin evolves, the…