CurrencyDemand at Azerbaijan Central Bank’s currency auction surgesBaileyOctober 29, 2024BAKU, Azerbaijan, October 29. The Central Bank of Azerbaijan (CBA) held yet another currency auction on October 29, Trend reports...
Asian CurrencyRupee little changed; cenbank intervention expectations mask weak Asia FXBaileyOctober 29, 2024The Indian rupee ended little changed on Tuesday, despite a broad-based decline in Asian currencies, on expectations that the country's...
USA DollarUS Dollar consolidates near three-month highs ahead of US dataBaileyOctober 29, 2024US consolidates near three-month highs following a 3.5% rally in October. US JOLTS Job Openings and Consumer Confidence data will...
Foreign CurrencyFitch Upgrades Ethiopia’s Credit Rating as Addis Cuts Domestic Borrowing – Kenyan Wall StreetBaileyOctober 29, 2024Fitch Ratings has upgraded Ethiopia’s credit rating, citing easing financing pressures coupled with improved macroeconomic stability.The nation’s score was upgraded...
Asian CurrencySpeculative shorts on JPY are rising further – OCBCBaileyOctober 29, 2024The Japanese Yen (JPY) is playing the outlier role, being the developed currency with the greatest influence from domestic events,...
CurrencyBSP Partners German State Firm on Currency ManagementBaileyOctober 29, 2024The BSP said it will work with Bundesdruckerei GmbH on currency management and digital payments infrastructure. Subscribe Subscribe to Regulation...
Forex TradingGBP/USD Outlook: Eyes on US Data and ElectionBaileyOctober 29, 2024The dollar eased slightly on Tuesday as traders awaited crucial data. The US economy might expand by 3.0% in Q3....
CurrencyInternational Air Transport Association (IATA) to Integrate Digital Currencies in Financial Settlement Systems, Starting with China’s Digital Renminbi by End of 2024BaileyOctober 29, 2024 ...
Foreign CurrencyCurrency volatility to widen due to gov’t plan to offset tax shortfall with FX stabilization fundsBaileyOctober 29, 2024Deputy Prime Minister and Finance Minister Choi Sang-mok, left, attends an audit with Bank of Korea Gov. Rhee Chang-yong at...
Asian CurrencyUSD/INR rebounds as foreign outflows weigh on Indian RupeeBaileyOctober 29, 2024The Indian Rupee weakens in Tuesday’s early European session. Significant foreign institutional investor (FII) outflows and higher US bond yields...