Forex10 hours ago (May 19, 2020 08:18PM ET) (C) Reuters. Thai Baht is Asia's Top Outperformer on Tourism Rebound Bet (Bloomberg) -- After lagging other Asian currencies for most of the year, Thailand's baht has staged a sharp rebound to outperform its peers. The baht has rallied almost 1.5% in May after dropping over 7% in the first four months ...

Forex12 hours ago (May 19, 2020 06:09PM ET) (C) Reuters. Treasury-Beating Aussie Bonds Lure Japan Funds With Cheap Hedges (Bloomberg) -- Australia's sovereign bond market is re-emerging as an attractive proposition for Japan's yield-hungry investors. A combination of superior yields and currency-hedging costs at a 17-year low is boosting the appeal of Aussie debt over Treasuries for Japanese funds, just ...

Forex16 hours ago (May 19, 2020 02:09PM ET) (C) Reuters. U.S. Financial Conditions Are Easing at Fastest Pace in History (Bloomberg) -- American financial conditions have loosened at the fastest pace since at least 1990, belying mounting investor skepticism that a V-shaped economic recovery will follow the pandemic-induced crash. A Bloomberg measure of market health across bond, stock and liquidity ...

Forex17 hours ago (May 19, 2020 01:51PM ET) (C) Reuters. By Yasin Ebrahim Investing.com - The euro pared most of its gains against the dollar on Tuesday, despite cautious optimism over the coronavirus relief package, which experts say could deliver a boost to the single currency. EUR/USD rose 0.14% to $1.0928, after easing from session highs of $1.0976. France and ...

Forex19 hours ago (May 19, 2020 11:45AM ET) (C) Bloomberg. Philip Lane, chief economist of the European Central Bank (ECB), gestures as he answers questions after delivering a speech on monetary policy at Bloomberg's European headquarters in London, U.K., on Monday, Sept. 16, 2019. The ECB has the scope to buy bonds as part of its monetary stimulus for quite ...

Forex14 hours ago (May 19, 2020 02:43AM ET) (C) Reuters. By Peter Nurse Investing.com - The U.S. dollar drifted lower in early European trade Tuesday, continuing the sharp losses seen overnight as signs of progress in the search for a Covid-19 vaccine sparked growing risk appetite. At 2:45 AM ET (0645 GMT), the U.S. Dollar Index, which tracks the greenback ...

(C) Reuters. Swiss Franc Traders Betting Against the House May Win This Time (Bloomberg) -- Despite billions spent by the Swiss National Bank to curb the franc's advance, traders pushing the currency toward parity with the euro might have their way. With the global economy in recession and the euro area risking a new debt crisis, the currency -- a ...

Forex17 hours ago (May 19, 2020 12:22AM ET) (C) Reuters. By Gina Lee Investing.com - The dollar was down on Tuesday morning in Asia after U.S. drugmaker Moderna (NASDAQ:MRNA) announced "positive" results for its potential COVID-19 vaccine on Monday. All 45 phase one trial participants developed antibodies to the virus after two doses. The U.S. Dollar Index that tracks the ...

Forex7 hours ago (May 18, 2020 09:05PM ET) (C) Reuters. FILE PHOTO: A woman counts U.S. dollar bills at her home in Buenos Aires By Stanley White TOKYO (Reuters) - The dollar nursed losses against major currencies on Tuesday after encouraging data from the trial of a vaccine for COVID-19 reduced safe-haven demand for the greenback. The euro held onto ...

Forex9 hours ago (May 18, 2020 07:00PM ET) (C) Reuters. Australia Agriculture Minister Littleproud speaks during an interview with Reuters ahead of the G20 Meeting of Agriculture Ministers in Buenos Aires SYDNEY (Reuters) - Australia will consider approaching The World Trade Organization (WTO) after China announced anti-dumping and anti-subsidy duties totalling 80.5% on Australian barley imports from May 19, Agriculture ...

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