By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s peso was flat on Tuesday at 350 per dollar after the central bank guided a sharp devaluation a day earlier in the wake of a primary election upset and said it would fix the FX rate until the general election in October.…

Investing.com – The U.S. dollar edged lower in early European trade Wednesday, handing back recent gains ahead of the release of minutes from the last Federal Reserve meeting, while sterling gained despite U.K. inflation slowing sharply. At 03:00 ET (07:00 GMT), the , which tracks the greenback against a basket…

By Samuel Indyk and Rae Wee LONDON (Reuters) – The pound was on track for its biggest one-day gain in almost two weeks on Wednesday after data showed British core inflation stayed strong in July, while the yuan slipped to a nine-month trough as concerns mounted about the extent of…

MOSCOW (Reuters) – Russian authorities are discussing bringing back the compulsory sale of foreign currency revenues for exporters, five sources familiar with the matter told Reuters, with one high-level source saying that the change could be made “at any moment”. The need to reintroduce stringent capital controls comes as Russian…

Investing.com– Most Asian currencies fell on Wednesday as strong U.S. economic readings raised concerns over the Federal Reserve having enough room to keep raising interest rates, while weak economic trends in China also dented sentiment.  Data on Tuesday showed that U.S. grew more than expected in July, presenting more upside…

Investing.com – The faces a tough road ahead, ING warned Tuesday, as the recent shock primary election victory for Argentina’s far-right presidential candidate Javier Milei throws the country’s political and economic future into doubt.  Far-right libertarian economist Javier Milei, who wants to scrap wants to scrap the peso and abolish…

By Patrick Werr CAIRO (Reuters) – Egypt is offering a minimum $5,000 fee for Egyptians living abroad who wish to clear their military service obligations and a U.S. dollar pension plan also aimed at its citizens abroad, in a series of fresh measures designed to boost foreign currency inflows. Over…

By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday that authorities are not targeting absolute currency levels when it comes to intervening in the market. Suzuki made the remark at a news conference when asked about the government’s stance on intervention, as the dollar broke above…

By Kevin Buckland TOKYO (Reuters) – As the yen slid past 145 per dollar with barely a murmur from Japanese policymakers during recent days, suspicion grew that they won’t be as quick to order intervention as they were last year as they now reap some benefits from a weaker currency.…

By Samuel Indyk and Joice Alves LONDON (Reuters) -Sterling rose against the dollar on Tuesday after data showed British wages grew at a record pace in the second quarter, adding to the Bank of England’s inflation worries, though gains were capped by some signs of a cooling labour market. Wages…