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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......»»

Category: topSource: reutersOct 18th, 2018

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.....»»

Category: topSource: livetradingnewsOct 29th, 2018

Stocks Jump On Biggest Short-Squeeze Since Brexit As Dollar Dumps

Bounce...   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...   And the second biggest headline belongs to t.....»»

Category: blogSource: zerohedgeNov 1st, 2018

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.....»»

Category: blogSource: zerohedgeJan 28th, 2019

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.....»»

Category: topSource: businessinsiderApr 16th, 2024

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.....»»

Category: personnelSource: nytApr 12th, 2024

On Friday A PBOC Official Called For A Stronger Yuan; One Day Later His Article Was Deleted

On Friday A PBOC Official.....»»

Category: blogSource: zerohedgeMay 23rd, 2021

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......»»

Category: topSource: marketwatchMay 11th, 2021

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 .....»»

Category: blogSource: zerohedgeApr 19th, 2021

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.....»»

Category: topSource: businessinsiderApr 12th, 2021

: 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......»»

Category: topSource: marketwatchApr 6th, 2021

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 .....»»

Category: smallbizSource: nytMar 23rd, 2021

SWIFT Sets Up Joint Venture With China Central Bank Ahead Of Imminent Digital Yuan Launch

SWIFT S.....»»

Category: blogSource: zerohedgeFeb 4th, 2021

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.....»»

Category: personnelSource: nytJan 12th, 2021

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......»»

Category: topSource: reutersMay 11th, 2020

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......»»

Category: topSource: reutersMay 11th, 2020

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......»»

Category: topSource: reutersMay 8th, 2020

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.....»»

Category: topSource: businessinsiderApr 23rd, 2020

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......»»

Category: topSource: reutersMar 31st, 2020

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......»»

Category: topSource: reutersMar 31st, 2020