currency

Stocks loiter around peaks as traders wait for data

Stocks chopped around record peaks on Tuesday, while the dollar was pinned near recent lows, as markets awaited U.S. jobs…

4 years ago

Analysis: China’s banks are bursting with dollars, and that’s a worry

A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency…

4 years ago

Dollar in doldrums as traders ponder Fed policy path; sterling soars

The dollar languished near multi-month lows versus major peers on Tuesday, as traders pondered the prospects for early policy normalisation…

4 years ago

Bitcoin slumps 8% as it heads for bruising monthly drop

BITCOIN SLUMPS 8% AS IT HEADS FOR BRUISING MONTHLY DROP

5 years ago

Cryptos turn choppy as bounce momentum ebbs

Cryptocurrencies slipped on Thursday but without falling through recent lows, as enough traders clung to hopes that the asset class…

5 years ago

Nvidia forecast beats expectations but crypto mining’s role remains unclear

Nvidia Corp (NVDA.O) forecast second-quarter revenue above analysts' estimates on Wednesday, but shares fell 1% after-hours as the company could…

5 years ago

China’s crypto crackdown speeds shift to central Asia, North America mining

A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that 'mine' cryptocurrencies like bitcoin…

5 years ago

Futures gain as Fed calms inflation worries

U.S. stock index futures rose on Wednesday after remarks from Federal Reserve officials helped calm inflation worries, while a recent…

5 years ago

European stocks near record high, NZ dollar rises

European stocks approached record highs on Wednesday after U.S. Federal Reserve officials soothed investors' inflation worries, though the New Zealand…

5 years ago

Bitcoin reclaims $40,000 as crypto volatility lingers

Bitcoin climbed back above $40,000 on Wednesday for the first time this week, as recent volatility in the cryptocurrency market…

5 years ago
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