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Yen set for biggest run of gains in more than 2 years
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Dollar rallies from three-week lows as U.S. data shows pick-up in inflation
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Dollar hits three-week low to yen as Fed’s Powell less hawkish than feared
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Sterling flirts with three-month high vs euro
Sterling edges higher as economic outlook darkens rate view
Date: July 26, 2022
LONDON (Reuters) – Sterling reached more than two-week highs on Tuesday, but was confined in recent trading ranges as analysts assessed the prospect of a 50 bps rate hike by the Bank of England against the backdrop of a worsening economic outlook. The BoE will likely shy away from a bigger interest rate rise in...
Dollar down for third straight session with Fed in focus
Date: July 25, 2022
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar weakened against a basket of major currencies on Monday, as investors weighed the implications of a rate hike by the U.S. Federal Reserve in an economy that may be on the cusp of a recession. The central bank is widely expected to raise interest rates by...
Dollar slips, riskier currencies gain as market rebounds
Date: July 25, 2022
By Elizabeth Howcroft LONDON (Reuters) – The dollar fell and major rivals gained on Monday as risk appetite returned to currency markets and investors weighed up the possible impact of an expected U.S. rate hike this week. Currency markets were choppy. The safe-haven dollar had initially gained in early European trading hours, following a cautious...
In conversation with Joe Jowett, CEO of StrikeX, on online retail trading
Date: July 25, 2022
Disclaimer – This article is a Sponsored Feature Presented by StrikeX. The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the views or opinion of Global Banking & Finance Review and in no way an endorsement or recommendation. All investments and trading involve...
Thailand probing potential losses for users of crypto platform Zipmex
Date: July 25, 2022
BANGKOK (Reuters) – Thailand’s Securities and Exchange Commission said on Monday it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex temporarily suspended withdrawals last week. The SEC said in a statement it was asking impacted users of Zipmex to submit information via an online forum...
Pound struggles around $1.20 on economy worries
Date: July 25, 2022
LONDON (Reuters) – Sterling held around the $1.20 level versus the U.S. dollar on Monday as traders worried about the outlook of the British currency after recent dismal data before a widely expected U.S. interest rate hike this week. Versus the U.S. dollar, the pound held around $1.2005, a shade below Friday’s high of $1.2064...