02h43 The United States is
monitoring the recent weakness in China's yuan currency and will
review whether the currency has been manipulated, Treasury
Secretary Steven Mnuchin told Reuters on Friday.. . .
20/07 The U.S. dollar weakened, long
term Treasury yields rose and stocks closed mostly lower on
Friday after President Donald Trump complained again about the
greenback's strength and about Federal Reserve interest rate
rises.. . .
20/07 Latin American currencies,
particularly Brazil's real, strengthened on Friday after
President Donald Trump lamented the strong U.S. dollar, spurring
investors worldwide to lock in profits on the greenback.
In a CNBC. . .
20/07 The Canadian dollar rose against a
broadly weak U.S. dollar on Friday after strong inflation and
retail sales data reinforced expectations for another interest
rate hike by the Bank of Canada this year.. . .
20/07 The dollar fell across the
board on Friday, as the latest comments by U.S. President Donald
Trump complaining about the strength of the greenback and the
rise in U.S. interest rates squashed a rally. . .
20/07 A "hard currency amnesty"
and reform-driven confidence in Ethiopia's economy, both at home
and abroad, have helped close a once yawning gap between the
official and black market exchange rates for its birr currency.. . .
20/07 The Federal Reserve will
remain unaffected by President Donald Trump's comments on U.S.
monetary policy and is focused on achieving the goals set for it
by Congress, St. Louis Federal Reserve Bank President James
Bullard. . .
20/07 China on Friday said that it
will soon introduce a foreign currency lending business that
will allow borrowers to use offshore foreign currency bonds as
collateral for interbank loans, in a further step toward
liberalising. . .
20/07 Global investors ploughed $5
billion into bonds and withdrew money from gold and European
equities in the past week, as fears of a trade war encourage
investors to seek safety in fixed income, Bank. . .
20/07 Indonesia's Pertamina
is seeking government approval to divest assets to
help shield the state energy company from rising crude oil
prices and a rupiah that is at its lowest level in more than
2-1/2 years.. . .
20/07 The latest slide in China's yuan
kept emerging markets in the firing line on Friday after another
week of turbulence caused by continuing trade war fears and an
increasingly powerful dollar.. . .
20/07 Whoever wins next week's
election in Pakistan will have to urgently resolve a currency
crisis that threatens to put the brakes on the fast-growing
economy, with the most likely solution being another bailout
from the. . .
20/07 The British pound steadied
around the $1.30 mark on Friday as traders took stock at the end
of a bruising week in which weak economic data and more
political uncertainty around the government's Brexit. . .
20/07 Round-up of South Korean
** South Korea's KOSPI stock index erased early falls to
close higher on Friday as Chinese shares rebounded, while the
won inched down on escalating trade war worries. South. . .
20/07 China's yuan tumbled to its
lowest in more than a year against the dollar after China's
central bank lowered its midpoint fix for a seventh straight
session, although it reversed most of its losses. . .
20/07 China's yuan bounced back from
more than one-year lows against the U.S. dollar on Friday
afternoon, after traders said major state banks sold dollars to
prop up the fragile Chinese currency which has been. . .
20/07 The Philippine central bank is
considering "strong monetary action" at its meeting next month
to tame inflation and foreign exchange volatility, its governor
said on Friday, signalling a third interest rate rise this year.. . .
19/07 The U.S. dollar pulled back
from year-high levels on Thursday after U.S. President Donald
Trump expressed concern about a strong currency, while
disappointing earnings reports and escalating trade tensions
weighed on stocks.. . .
19/07 The dollar fell from a
one-year peak to trade just slightly higher on Thursday after
U.S. President Donald Trump expressed concern about a strong
currency and the Federal Reserve's interest rate increases.. . .
19/07 Gold sank to a one-year
low on Thursday as the dollar rose after comments from Federal
Reserve Chairman Jerome Powell that reaffirmed expectations more
U.S. interest rate increases are on the way this year.. . .
19/07 U.S. President Donald Trump
on Thursday told CNBC that he was unhappy about the Federal
Reserve's decision to hike interest rates, saying he was
concerned about their potential impact on the U.S. economy and
American. . .
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