A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo Acquire Licensing Rights WASHINGTON, Nov 7 (Reuters) – The U.S. Treasury on Tuesday said no major trading partners appeared to be manipulating their currencies, but […]
Currencies
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NEW YORK, July 26 (Reuters) – Some investors are zeroing in on the battered currencies of commodity-producing countries such as Norway and Australia to take advantage of more potential weakness in the dollar, which has recently wobbled on signs the Federal Reserve will soon end its rate-hiking cycle. Many commodity […]
LONDON, July 26 (Reuters) – The most comprehensive survey of the global investment industry on central bank digital currencies to date has shown both limited support and a lack of understanding of how a digital dollar, euro, yen or pound would work. The survey carried out by the CFA Institute, […]
Bearish bets increase on most Southeast Asian currencies Short positions on ringgit, baht at highest since Nov Indian rupee sole outlier, bullish positions maintained June 29 (Reuters) – Investors increased bearish bets on most Asian currencies, as a stuttering post-pandemic recovery in China, the world’s second-largest economy, weighed on sentiment, […]
Feb 25 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday said fourth-quarter profit fell, reflecting lower gains from investments and foreign currency exchange losses as the U.S. dollar lost value. Berkshire also repurchased $2.6 billion of its own stock in the quarter, boosting full-year buybacks to $7.9 billion. […]
SINGAPORE, Oct 3 (Reuters) – The Australian and New Zealand dollars gained ground on Monday ahead of expected rate hikes from their respective central banks later in the week, while the dollar slipped against a basket of currencies. The Aussie was up 0.19% to $0.64230, away from a 2-1/2-year low […]
Yuri Popovich had watched his neighbours’ houses burn down to the ground in Kyiv and he needed a safe place to put his money. So he did what millions of amateur investors have done in recent years: he turned to cryptocurrency. “It was impossible and unsafe to store funds in […]
ALEX BRUMMER: Investors have been drawn to crypto currencies on grounds that it is supersafe – they are learning that it no longer glisters as gold Even ‘respectable’ end of crypto market – stablecoin with dollar peg – in trouble Withdrawal of monetary largesse by central banks having consequences Bitcoin […]