Currencies

Dollar's dominant reserve currency status to endure, says Morgan Stanley

The U.S. dollar's dominant reserve currency status is likely to endure partly because credible challengers, including the Chinese yuan, are lacking, Morgan Stanley said in a report on Thursday. ...

MORGAN STANLEY SAYS ITS CURRENT PREFERENCE IS FOR THE DOLLAR, SE…

MORGAN STANLEY SAYS ITS CURRENT PREFERENCE IS FOR THE DOLLAR, SEES MORE STRENGTH SHORT TERM VS EURO, YUAN ...

MORGAN STANLEY EXPECTS ONLY A MODERATE AND GRADUAL DECLINE IN DO…

MORGAN STANLEY EXPECTS ONLY A MODERATE AND GRADUAL DECLINE IN DOLLAR'S INTERNATIONAL USE ...

Funds make biggest bet against yen since 2007: McGeever

Hedge funds have built up their biggest bet against the yen in 17 years, raising the prospect that when Japan's embattled currency does rebound from its 34-year low against the dollar, the...

Hope for de-escalation in the Middle East supports Dax

ADIDAS IN DEMAND AFTER UPGRADE

Why is the Japanese yen so weak?

Japan's yen is at three-decade lows and under enough pressure to prompt strong official warnings of intervention to prop it up. The yen has fallen despite Japan's first interest rate...

US dollar to stay strong as markets delay Fed rate-cut bets

The U.S. dollar will remain strong over the coming months as financial markets continue to push back on expectations for the timing and magnitude of Federal Reserve interest rate cuts, according to...

Currencies: Would you like some more carry?

The end of the quarter is always a good time to take stock of what went well and what needs to be improved. New opportunities are sure to emerge over the next few weeks, so let's take a look at what...

Long dollar bets explode, as funds join the dots: McGeever

Looked at through a currency market lens, the verdict from hedge funds on the recent wave of major central bank policy meetings could not be clearer - don't bet against the mighty dollar. ...

Currencies: The Swiss franc takes a beating

The Swiss National Bank's surprise decision to cut its key rates by 25 basis points did not go unnoticed. In the wake of this decision, which was made possible by the effectiveness of the Bank's...

Chinese yuan, Malaysian ringgit lead gains in Asian currencies

The following table shows rates for Asian currencies against the dollar at 0280 GMT. CURRENCIES VS U.S. DOLLAR Currency ...

S.Korean won, Malaysian ringgit weaken most among Asian currencies

The following table shows rates for Asian currencies against the U.S. dollar at 0201 GMT. Currency Latest bid Previous Pct day Move Japan yen ...

Interest rate euphoria drives Dax to record high - Douglas comeback fails

US Federal Reserve Chairman Jerome Powell has caused stock investors to breathe a sigh of relief with his commitment to falling interest rates.

Currencies: Focus on the Renminbi

After reading so many articles on the numerous attempts by the authorities to revive the Chinese economy, it seemed only fitting to take a closer look at the currency. But why? If you want to invest...

Week Ahead for FX, Bonds : Fed, BOJ Decisions the -2-

It expects CBC to stay on hold for the rest of 2024. CBC holding rates steady relative to the Fed would likely bode well for the Taiwan dollar, said the UOB team led by head of research Suan Teck Kin....

Dax hovers around 18,000 mark - puzzling over timing of interest rate turnaround

VONOVIA IN THE CELLAR AFTER RECORD LOSS

Interest rate fantasies drive Dax above 18,000 points for the first time

The Dax surpassed the 18,000 point mark for the first time in its history on Wednesday. In the course of trading, it then leveled off just below this level, gaining 0.2 percent to...

Dax investors on guard ahead of ECB interest rate decision

GOLD PRICE CONTINUES ON RECORD COURSE

Deutsche Börse launches trading platform for cryptocurrencies

Deutsche Börse wants to compete with top dogs such as Binance or Coinbase with its own trading platform for cryptocurrencies. On Tuesday, the German exchange operator presented the...