Archive for the January 7, 2018
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As Latin America braces for potentially game-changing presidential elections this year, a Reuters poll of currency strategists and economists revealed diverging outlooks for the region's two main currencies. The Mexican peso is forecast to weaken
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A rough patch for the US dollar, which just recorded its worst annual performance in 14 years, is forecast to ease in 2018 but is not over yet, according to a majority of foreign exchange
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The dollar gained on Friday after a brief dip as investors reckoned a weaker-than-expected US December non-farm payrolls report would not deter the Federal Reserve from raising interest rates multiple times this year. US nonfarm
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It was Angola's depleting foreign reserves that prompted the central bank to pursue a more flexible exchange rate strategy, the regulator said on Thursday. The comment came a day after plans were unveiled to restructure
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Speculators raised net short US dollar bets this week, pushing them to their highest level since mid-December, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the
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South Korea will look at ways to direct capital flows offshore if the won continues to soar, people familiar with the matter said, a move that could take heat out of the currency without upsetting
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Asian currencies are set to pare gains this year that they made in 2017 as the Federal Reserve raises interest rates further and Asian central banks proceed cautiously, cushioned by solid growth expectations, a Reuters
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Rains in Argentina's central Pampas grains belt will improve soil moisture and allow producers to advance with plantings of soybeans and corn, which had been delayed due to dry weather, agricultural analysts told Reuters on
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Revitalization could be on the way for sluggish Chicago grain futures when the government finalizes the US corn and soyabean harvest volumes next week, particularly if there are any unanticipated yield moves. Ideas that the
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Liquefied natural gas (LNG) prices in northern China have dropped more than 40 percent from record highs reached less than two weeks ago as a supply crunch has eased and curbs have been enacted on
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