Monthly Archives: June, 2022

5 reasons why Bitcoin could be a better long-term investment than gold

The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to...

Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for

The end of the first week in June brought more pain to global financial markets as the tech-heavy Nasdaq composite closed the day on...

Emerging market FX rallies seen short-lived due to high inflation: Reuters poll

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) - Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S....

Dollar to clear recent weak period unscathed – FX analysts

By Hari Kishan BENGALURU (Reuters) - The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of...

Speculators cut net long bets on U.S. dollar -CFTC, Reuters

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Speculators' net long bets on the U.S. dollar fell to a five-week low, according to calculations by Reuters...

Turkey Takes Aim at Lira Short Selling by Focusing on Niche Debt

(Bloomberg) -- Turkey is planning to restrict purchases by domestic investors of new lira bonds sold by multinational lenders, the latest effort to curb short...

Dollar falls as investors reach for riskier currencies

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk...

Rouble eases towards 62 vs dollar, Severstal shares fall after sanctions

The Russian rouble eased towards 62 against the dollar on Thursday, stabilising in a relatively narrow range after sharp and uncontrolled moves last week...

Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll

By Fergal Smith TORONTO (Reuters) - The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada's economic outlook and...

Asia FX bears retreat slightly, China concerns persist – Reuters poll

By Harish Sridharan (Reuters) - Bearish bets on Asian currencies reduced on signs that China's economic pain may abate with easing of COVID-19 curbs, but...

Dollar Up, Boosted by Rising U.S. Yields

By Gina Lee Investing.com – The dollar was up on Thursday morning in Asia, hitting a three-week high against the yen in early Asian trading....

Emerging market FX rallies seen short-lived due to high inflation: Reuters poll

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) - Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S....

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