NEW YORK (Reuters) – Investors are closely watching events in Israel as a geopolitical risk to markets, with some expectation the violence could prompt a move into safe haven assets. Gunmen from the Palestinian group Hamas entered Israel in an unprecedented attack on Saturday. Western countries, led by the United…

Investing.com – The U.S. dollar traded higher Friday, on course for another positive week, ahead of the release of the monthly U.S. nonfarm payrolls which could influence Federal Reserve thinking. At 03:40 ET (07:40 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded…

Investors are favoring the euro and British pound today, Friday, as they await the US employment report that may indicate steady hiring ahead of a potential downturn. The report, however, might not offer clear guidance on future Federal Reserve policy due to overlooked household financial conditions and strikes. Economists predict…

By Adam Jourdan BUENOS AIRES (Reuters) – The hand-written entries in the two dozen notebooks – date, haircut, price – chronicle decades of a Buenos Aires barber’s working life. But they tell another story too, Argentina’s most important: a tale of 19,900% inflation and its crippling impact. In his small…

By Kevin Buckland TOKYO (Reuters) – The Bank of Japan’s money market data indicated on Thursday that a mysterious spike in the yen rate against the dollar on Tuesday was likely not the product of official Japanese intervention. The central bank’s projection for Friday’s money market conditions indicated a 1.09…

By Fergal Smith TORONTO (Reuters) – Analysts are sticking to their bullish forecasts on the Canadian dollar for the coming year, maintaining that the currency is undervalued and could benefit from Canada’s close economic ties with the United States, a Reuters poll found. The Canadian currency has tumbled in recent…

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging U.S. real yields are aiding the dollar’s rebound, rewarding bullish investors while making bears think twice before betting against the buck. The real yield on U.S. 10-year Treasuries – which measure how much investors stand to make on U.S. government bonds…

By Timour Azhari BAGHDAD (Reuters) -Iraq will ban cash withdrawals and transactions in U.S dollars as of Jan. 1 2024 in the latest push to curb the misuse of its hard currency reserves in financial crimes and the evasion of U.S. sanctions on Iran, a top Iraqi central bank official…

In a significant development for the Indian economy, Finance Minister Nirmala Sitharaman announced on Thursday that the country has been included in JP Morgan’s Government Bond Index-Emerging Markets (GBI-EM) from June 28, 2023. This inclusion is expected to stimulate a substantial $23 billion forex inflow. The minister revealed that 23…

By Alexander Marrow (Reuters) -The Russian rouble weakened past 100 to the dollar to a more than seven-week low as President Vladimir Putin spoke on Thursday, hurt by reduced foreign currency supply from exporters early in the month. Steady earlier in the session, the rouble’s slide came as Putin began…