China To Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report
Mainland China has reiterated its anti-crypto stance, vowing to intensify its crackdown on speculation in virtual currencies, according to a…
Tag: currencies
CME halts futures trading on stocks, currencies and other markets, citing data center cooling issue
Black Friday trading was off to an auspicious start after exchange operator CME was forced to halt futures trading on…
Digital Currencies Catch Carney’s Attention and Canada Joins Stablecoin Race
Also: Why Sun Life’s asset-management unit is on a hiring spree www.bloomberg.com #Digital #Currencies #Catch #Carneys #Attention #Canada #Joins #Stablecoin…
EM Stocks, Currencies Gain as US Shutdown Approaches End
Emerging-market Asian stocks rose as optimism over an end to the longest-ever US government shutdown boosted risk appetite. www.bloomberg.com #Stocks…
Asian Currencies Rally on Dollar Weakness, China Factory Profits
Asian currencies and emerging-market equities advanced Monday as the dollar weakened and Chinese factory profit data pointed to a stabilizing…
Yuan’s Gradual Advance May Offer Boost to Emerging Currencies
China’s new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market currencies, as investors brace themselves…
Brazil Denounces Dollar Weaponization, Upholds Right to Trade in National Currencies
Fernando Haddad, Brazil’s finance minister, recently criticized the so‑called “weaponization” of the U.S. dollar, warning of its pernicious effects on…
Carry-Trade Rotation Looms as Key Negative for Asian Currencies
Emerging-market currency volatility at a one-year low is poised to sap demand for Asian foreign exchange in favor of its…
Bolivia looks to El Salvador for crypto guidance as locals turn to digital currencies
A year after lifting its ban on cryptocurrencies, Bolivia has partnered with El Salvador to advance its digital asset policy…
SocGen: EM Currencies Unlikely to Outperform
Despite recent headlines celebrating rallies in EM markets, it is unlikely that EM currencies will outperform the dollar over the…