Tag Archives: Currencies / Foreign Exchange Markets

[ad_1] Optimistic sentiment permeated RMB closed almost 500 points to reach a new high in more than 28 months, there is still room for shortReuters The offshore renminbi breaks the 6.55 mark and appreciates nearly 350 points in one daySina The offshore renminbi rises above the 6.57 level and continues …

[ad_1] By Tom Westbrook, Elizabeth Howcroft SYDNEY / LONDON (Reuters) – Investors expecting an upcoming COVID-19 vaccine are starting to buy banking and industrial stocks in anticipation of a strong return to consumer confidence, although many remain wary of risks in sectors ravaged by the pandemic . FILE PHOTO: A …

[ad_1] By Tom Westbrook, Elizabeth Howcroft SYDNEY / LONDON (Reuters) – Investors expecting an upcoming COVID-19 vaccine are starting to buy banking and industrial stocks in anticipation of a strong return to consumer confidence, although many remain wary of risks in sectors ravaged by the pandemic . FILE PHOTO: A …

[ad_1] Update 1- “Global Currency Market” The dollar hit a low in more than two months, investors are expected to drop furtherReuters . [ad_2] Source link

[ad_1] LONDON (Reuters) – The pound on Friday was on track for a weekly gain against the dollar as traders digested the US election results and a new bond-buying spree from the Bank of England. FILE PHOTO: Sterling and US dollar banknotes are visible in this illustration taken on 6th …

[ad_1] TOKYO (Reuters) – The dollar fueled losses against many currencies on Friday as the controversial US presidential election diminished hopes of big stimulus to support the economy anytime soon. PHOTO FILE: The US dollar banknote is visible in this image, illustration taken on May 3, 2018. REUTERS / Dado …

[ad_2][ad_1] By Alexis Akwagyiram, Tom Wilson LAGOS / LONDON (Reuters) – Four months ago, Abolaji Odunjo made a fundamental change to his mobile phone business in a bustling street market in Lagos: he started paying his suppliers in bitcoin. Odunjo buys phones and accessories from China and the United Arab …

[ad_2][ad_1] LONDON (Reuters) – The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital currency begins to satisfy one of the basic characteristics of any payment currency: stability. FILE PHOTO: The representation of the virtual currency Bitcoin standing on the PC motherboard is …

[ad_2][ad_1] LONDON (Reuters) – The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital currency is beginning to satisfy one of the basic characteristics of any payment currency: stability. FILE PHOTO: The representation of the virtual currency Bitcoin standing on the PC motherboard …