Forex News

© Reuters. As Bullish Yuan Bets Pile Up, Jefferies FX Head Preaches Caution (Bloomberg) — Currency traders are the most bullish on the in about eight years. Jefferies LLC warns that enthusiasm may be premature. As “in-depth” U.S.-China trade negotiations wrapped up Wednesday on a positive note, one-month dollar-offshore yuan risk reversals — a put-call
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© Reuters. A general view of the headquarters of Globovision TV channel in Caracas WASHINGTON (Reuters) – The United States has issued fresh sanctions over corruption in Venezuela, targeting seven individuals and two dozen entities, including privately held Globovision Tele, according to a notice posted to the U.S. Treasury Department’s website on Tuesday. The department
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© Reuters. Investing.com – The dollar fell against its rivals for third-straight session Monday as U.S. services activity undershot expectations, strengthening expectations the Federal Reserve could rein in rate hikes. The , which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.55% to 95.23. data for December fell to a
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© Reuters. Investing.com – The safe-haven yen rose on Monday in Asia even after China’s aggressive monetary easing improved investor sentiment, while the U.S. dollar slipped ahead of Wednesday’s minutes of the Federal Reserve’s December meeting and a speech by Fed Chairman Jerome Powell a day later. The pair was down 0.4% to 108.15 by
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