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Dollar steadies as Fed minutes weigh on stocks, yuan
The dollar held near a one-week high on Thursday and stocks were mixed after minutes showing the Federal Reserve may favor more rate hikes next year......»»
Chinese Yuan: USD/CNY (CNY=X) central bank raised the yuan midpoint rate
Chinese Yuan: USD/CNY (CNY=X) central bank raised the yuan midpoint rate The dollar traded slightly higher on Monday and hovered near two-month highs on a stronger-than-expected third-quarter GDP report. The U.S. do.....»»
Stocks Jump On Biggest Short-Squeeze Since Brexit As Dollar Dumps
Bounce... Â While stocks bounced, the headline of the day deserves to the PBOC - which drained liquidity for the 5th day in a row and finally engineered a snap squeeze higher in Yuan... Â And the second biggest headline belongs to t.....»»
PBOC Fixes Yuan Dramatically Stronger Following Gold Spike
PBOC fixed the yuan dramatically stronger against the dollar overnight, sending offshore yuan surging to its strongest against the dollar in six months. While the Chinese currency is reportedly strengthening on the heels of trade talks optimism (which.....»»
These 5 global currencies have tumbled this year as delayed rate cuts have supercharged the dollar
The US dollar index is trading at a six-month high as hopes of a Fed rate cut fade, and it's come at the expens.....»»
Gold & The Dollar Surged This Week, Stocks & Crypto Purged As Reflation & WW3-Risk Wreck Rate-Cut Hopes
Gold & The Dollar Surged This Week, Stocks & Crypto Purged As Reflation & WW3-Risk Wreck.....»»
On Friday A PBOC Official Called For A Stronger Yuan; One Day Later His Article Was Deleted
On Friday A PBOC Official.....»»
Earnings Results: U.S. cannabis company Curaleaf reaches billion-dollar annual sales rate
Curaleaf Holdings Inc. is selling cannabis at an annual rate of a billion dollars a year, and executives expect that to keep increasing......»»
China Says It Has No Desire To Replace Dollar As Global Reserve Currency With Digital Yuan
China Says It Has No Desire To Replace Dollar As Global Reserve Currency With Digital Yuan Apparently all it takes to replace a global reserve currency is a digital currency alternative just waiting to be released .....»»
Jerome Powell says Fed is doing lots of work on a digital dollar as policymakers warily eye China"s digital yuan
Jerome Powell said the Fed is running experiments looking at how exactly a digital dollar might work, as China presses on with its digital y.....»»
: Will China’s new digital yuan threaten King Dollar’s reign?
China is the first major economy to issue a blockchain-enabled, digital version of its currency, the yuan, and this development has some in Washington worried that the U.S. dollar's status as the global reserve currency is under threat......»»
Pajama sets are the new 2-piece suit. A millennial brand explains the wild pandemic year when sales spiked 400% .
PJ brands sit at a privileged position between two multi-billion-dollar industries: loungewear and self-care. Joel Jeffery (L) and Molly Goddard ( Desmond & Dempsey The husband-wife duo behind the pajama brand Desmond & Dempsey saw increasing .....»»
SWIFT Sets Up Joint Venture With China Central Bank Ahead Of Imminent Digital Yuan Launch
SWIFT S.....»»
New S&P Tech M&A Analysis: A Trillion-Dollar Run Rate
According to a newly released analysis from S&P Global Market Intelligence R.....»»
Bitcoin goes through third "halving", falls vs U.S. dollar
Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down......»»
Bitcoin undergoes third "halving", falls vs U.S. dollar
Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down......»»
Investors exit stocks at fastest rate since March, "tech fatigue" sets in: BOFA
Investors pulled $16.2 billion from stocks in the past week in the largest weekly redemption since the March stock market slump, according to the Bank of America's weekly flows data......»»
The US dollar doesn"t have "too much to offer anymore," and looks set to plummet against other major currencies, UBS warns
Reuters The dollar could plunge against the yuan, yen, and pound in the next few months, warns UBS. UBS Global Wealth Management's Hartmut Issel told CNBC Thursday in a phone interview: "Since the last month or two, the dollar d.....»»
Yen declines on year-end U.S. dollar demand
The dollar rose against the yen on Tuesday amid fiscal year-end demand by Japanese companies and the Chinese yuan stood firm after a survey showed manufacturing returned to growth in March......»»
Dollar gains, yuan steady after China PMI in cautious trade
The dollar rose against the yen on Tuesday as Japanese investors and companies rushed to cover a greenback shortage before their fiscal year end, but sentiment remained fragile as the global coronavirus crisis worsened......»»