Investing.com — Most Asian currencies rose slightly on Friday, recovering a measure of steep losses this week as the dollar retreated from two-month highs, although concerns over rising U.S. interest rates remained in play. Regional markets were also cheered by the prospect of more stimulus measures in China, after the…

Investing.com – The U.S. dollar slipped lower in early European trade Friday, retreating from two-month highs but is still on course for a fifth consecutive winning week as a resilient U.S. economy suggested higher rates for longer. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a…

(Reuters) – dropped 7.2% to $26,634 at 21:45 GMT on Thursday, losing $2,067 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 16.3% from the year’s high of $31,818 on July 13. Ether, the coin linked to the blockchain network, dropped 11.29% to $1,547.4 on Thursday,…

Investing.com — Most Asian currencies fell on Thursday after the minutes of the Federal Reserve’s July meeting presented a hawkish outlook on interest rates, while the Chinese yuan rose amid reports of currency market intervention by the state. The dollar strengthened against a basket of currencies after the , coming…

SHANGHAI (Reuters) -China’s major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to slow the yuan’s depreciation. Though they also trade on their own behalf…

By Joice Alves and Rae Wee LONDON/SINGAPORE (Reuters) – The Norwegian crown rose from six-week lows against the dollar and the euro on Thursday after Norges Bank raised interest rates, as expected, and said it was likely to hike again in September. The dollar hovered around a two month-high after…

Investing.com – The U.S. dollar edged lower in early European trade Thursday but remains trading near two-month highs after the minutes from the last Federal Reserve meeting offered a hawkish slant. At 03:00 ET (07:00 GMT), the , which tracks the greenback against a basket of six other currencies, traded…

(Reuters) -The Russian rouble steadied near 95 against the dollar on Thursday, in a volatile week filled with speculation over how the authorities might stabilise the currency after a 350-basis-point rate hike seemed to have a limited effect. The Bank of Russia jacked up its key rate to 12% on…

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By Alexander Marrow (Reuters) – The Russian rouble strengthened past 95 to the dollar on Wednesday, one day after the central bank hiked interest rates to 12% at an emergency meeting and amid speculation over what other steps Russia may take to prop up its struggling currency. Tuesday’s extraordinary rate…