Dollar on defensive after soft data, battered yen under watch
The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, offering…
Bitcoin Investors Begin to Ponder What’s Next After ETF Mania Cools
As the second-quarter draws to a close, crypto investors are left wondering what’s next for Bitcoin after it retreated from…
Dollar firm as euro wallows; yuan brushes aside China data
The dollar was firm on Monday as the euro hovered near a more than one-month low amid continued concerns about…
Yen Drops, Bond Futures Rise as BOJ Defers Detail on Debt Buying
The yen weakened and Japanese sovereign bonds surged after the central bank said it would reduce debt purchases but delayed…
A shift away from the US dollar is happening in real time, and investors must be ready
The US dollar’s dominance is in decline as Russia and Saudi Arabia eye the Chinese yuan for oil trades, and…
De-dollarized payment systems are cropping up
The emergence of new regional payment systems likely won’t spur de-dollarization, OMFIF said. So far, their infrastructure is weak and…
Yuan Weakens to Lowest Since November as China Allows Declines
China’s onshore yuan dropped to the weakest level since November as signs mount that policymakers are slowly letting the currency…
Bitcoin Retreats as Traders Mull Risk of Sales Linked to Mt. Gox
Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping…
Dollar firm ahead of global inflation data
The dollar made a steady start to the week on Monday, as investors were focused on U.S., European and Japanese…
China ramps up de-dollarization efforts by dumping a record amount of US bonds
China sold a record $53.3 billion worth of Treasurys and agency bonds in the first-quarter. It previously unloaded US debt…