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News
Yen extends rally to new seven-month high; dollar subdued ahead of CPI
6+ day, 17+ hour ago (418+ words) HONG KONG, Sept 8 (Reuters) – The Japanese yen climbed to fresh seven-month highs against the U.S. dollar on Tuesday, as traders continued to unwind short positions amid growing bets of a Bank of Japan interest-rate hike while the dollar was subdued…...
Yen headed for strongest week in a month, dollar flat ahead of payroll data
1+ week, 3+ day ago (474+ words) By Jiaxing Li and Ankur Banerjee HONG KONG, Sept 4 (Reuters) – The Japanese yen clung to its gains against the U.S. dollar on Friday and was on track for its strongest week in more than a month, as traders ramped up…...
Yen in the spotlight after sudden jump
1+ week, 4+ day ago (415+ words) SINGAPORE, Sept 3 (Reuters) – The yen held its gains on Thursday after a sudden, brief surge in the previous session that traders suspect may have been driven by government authorities, keeping pressure on the dollar ahead of a crucial U.S....
Dollar holds firm as Middle East hostilities lift oil
1+ week, 5+ day ago (643+ words) TOKYO, Sept 2 (Reuters) – The dollar held firm on Wednesday as renewed hostilities in the Middle East pushed oil prices higher and revived inflation concerns. The currency’s safe-haven appeal has been reinforced by rising Treasury yields and growing expectations of a…...
The Argentine peso hits a new all-time low against the US dollar
1+ week, 6+ day ago (163+ words) It is now down 99.67% over the past 13 years. In 2013, one peso was worth 20 cents, and now it is worth less than one cent. To celebrate The Year of Rothbard, we’re giving away some of his most radicalizing and influential books....
What Happened to Our Money
1+ week, 6+ day ago (956+ words) We’ve noted repeatedly how in 1913, with the establishment of the Fed, the monetary system got on the wrong track. Then, in 1971, it went off the rails. By the late 1960s, the US government lacked real money to feed its fiscal furnace....
Yen hangs near 160 amid BOJ rate-hike bets, dollar wobbles
1+ week, 6+ day ago (552+ words) SINGAPORE, Sept 1 (Reuters) – The yen steadied near the 160-per-dollar level on Tuesday after U.S. Treasury Secretary Scott Bessent ramped up pressure on the Bank of Japan to hike rates later this month, while currency markets kept a wary watch on…...
Dollar near two-week high as Warsh boosts rate-hike bets; yen slips past 160
2+ week, 16+ hour ago (561+ words) HONG KONG, Aug 31 (Reuters) – The dollar held steady near a two-week high on Monday as markets ramped up bets on a rate hike after hawkish remarks by Federal Reserve Chair Kevin Warsh, while the yen slipped back through the closely…...
Trump Claims Historic US Deal for Venezuelan Oil Reserves
2+ week, 2+ day ago (136+ words) Former President Donald Trump announced what he describes as the biggest deal in world history, claiming the US will gain control of 65 billion barrels of Venezuelan oil. The announcement marks a significant geopolitical development involving major energy reserves and US-Venezuela…...