Tag: FX
How to Short Forex: Short Selling Currency Explained
Short selling currency involves taking positions under the pretence of a bearish sentiment. Historically short selling has been used in the commodity markets under...
What Is Foreign Exchange (Forex)?
Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro....
Foreigners pull out of Asian equities for fifth straight month in May
June 2 (Reuters) - Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening...
Gold dips as investors focus on US jobs data
Gold prices were headed for a third straight weekly gain on Friday after easing slightly during the session as focus turned to a key...
Exclusive – Tesla’s Musk feels ‘super bad’ about economy, needs to cut 10% of salaried staff
SAN FRANCISCO (Reuters) - Tesla (NASDAQ:TSLA) CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of...
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...
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...
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....