Topic
currencies
8 stories related to this topic, newest first.
jpost.comfinance2 days ago
Swiss Foreign Ministry Says U.S.-Iran Talks in Bürgenstock Will Not Take Place
The planned signing of an interim peace agreement has been called off after Vice President JD Vance declined to attend. Crude prices steadied and shipping traffic through the Strait of Hormuz began to recover.
coindesk.comfinance6 days ago
Bank of Japan Set to Raise Benchmark Rate to 1 Percent on June 16
The Bank of Japan is set to raise its benchmark rate to 1 percent on June 16, the highest since 1995. Leveraged funds hold more than 115,000 speculative short yen contracts, the most since November 2017.
japantimes.co.jpworld4 days ago
Korean Won Hits Weakest Level Since 2009 as Authorities Blame Speculation and Vow Intervention
The Ministry of Economy and Finance and the Bank of Korea issued a joint statement pledging firm measures against excessive foreign-exchange swings after the won hit a 17-year low.
rte.ieworld19 days ago
Swiss National Bank Reaffirms It Has No Specific Exchange Rate Target but Stands Ready to Intervene
Martin Schlegel, President of the Swiss National Bank, restated the central bank's policy of not targeting any particular exchange rate while noting greater willingness to intervene in the franc.
finance21 days ago
Gold Prices Rise 11,119 Percent Since 1971 as Major Currencies Lose Value
Data show the U.S. dollar has lost 99.24 percent of its value relative to gold since 1971. The British pound, euro, yen and Swiss franc recorded similar declines over the same period.
KO
finance4 days ago
Gold Prices Rise as Dollar and Oil Ease on U.S.-Iran Deal Prospects
Spot gold rose 1.1 percent to $4,559.07 per ounce on Monday. U.S. gold futures for June delivery gained 0.8 percent to $4,559.80.
financialpost.comfinance30 days ago
Asian Currencies Face Pressure From Rising Oil Prices and Strong Dollar
Rising oil prices and a stronger dollar are placing pressure on Asian foreign-exchange reserves. The reserves were accumulated after the 1997 financial crisis.
Substrate placeholder — needs reviewfinance75 days ago
Emerging-Market Stocks and Currencies Extend Gains for Third Day Amid Middle East Ceasefire Hopes
Emerging-market stocks and currencies recorded gains for a third consecutive day. Traders attributed the movement to expectations of a potential ceasefire in the Middle East. The development reflects broader market reactions to geopolitical developments.
BU