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Supporting the yen will take more than government intervention and will need hawkish signals from the Bank of Japan, said Rick Rieder, chief investment officer for global fixed income at BlackRock Inc.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
All regulations related to foreign exchange transactions—including opening Letters of Credit (LCs) for import operations, remitting funds abroad, and submitting required documentation—will now be…
Oil supply disruptions, high fuel prices and faster battery innovation could give electric vehicle adoption a fresh push, with consequences for oil demand, power grids and metals markets, Wood…
After a gloomy May, Mexico's industrial output is once again heading in the right direction, driven by construction's third straight month of positive year-on-year growth, a streak it hadn't enjoyed…
The USD/CHF trades near the top trendline of a ‘bearish-flag,’ holds steady at around 0.8034, following the release of good inflation data on the producer side.
The federal government on Thursday decided to change the prices of both motor spirit (MS) petrol and high-speed diesel (HSD) … Read More The post Petrol and Diesel More Expensive on Independence Day…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD stayed largely unchanged around 1.2805 on Tuesday, with momentum still flat.
