Forex News

By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole.

(Reuters) – Brazil and Argentina will announce this week that they are starting preparatory work on a common currency, the Financial Times reported on Sunday.

DUBAI (Reuters) – Iran’s troubled currency fell to a record low against the U.S. dollar on Saturday amid the country’s increasing isolation and possible Europe Union sanctions against Tehran’s Revolutionary Guards or some of its members.

(Removes extraneous word in para 3) (Reuters) – Bitcoin rose 2.3% to $23,199 at 10:07 GMT on Saturday, adding $521 to its previous close.

By Dietrich Knauth (Reuters) – Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to a Friday court filing.

(Reuters) – Bitcoin rose 6.24 % to $22,401 at 22:07 GMT on Friday, adding $1,315 to its previous close.

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar struggled for direction on Friday as fears of an economic slowdown dented risk sentiment, while the yen slipped as speculation continue to swirl that the Bank of Japan will eventually move away from its ultra-easy policy.

By Kevin Buckland TOKYO (Reuters) – Most Asian equity markets edged higher on Friday, while the U.S. dollar hung near its weakest level since May, with investors fretting about the risks of a global recession as the Federal Reserve presses on with interest rate increases.

By Divya Chowdhury and Lisa Pauline Mattackal

By Nell Mackenzie LONDON (Reuters) – Almost $125 billion worth of assets, from performance losses and asset flows, left the hedge fund industry in 2022, Hedge Fund Research (HFR) data showed on Friday in the latest sign of the havoc that volatility wreaked on the industry

(Reuters) – The lending unit of crypto firm Genesis filed on Thursday for U.S. bankruptcy protection from creditors, toppled by a market rout along with the likes of exchange FTX and lender BlockFi.

LONDON (Reuters) – The lending unit of U.S. crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, the latest company toppled by a market rout last year that wiped about $1.3 trillion off the value of crypto tokens.

By Tom Wilson and Hannah Lang (Reuters) – As an investment banker, Barry Silbert worked on some of the highest-profile corporate failures. Now, as founder of venture capital firm Digital Currency Group, parent of troubled crypto firm Genesis, he is grappling with problems closer to home.

The housing market is entering “nobody’s market” territory as buyers and sellers remain largely in a stalemate,” – Realtor.com.

By Swathi Nair BENGALURU (Reuters) – The Bank of Canada will hike its key interest rate by a modest quarter point to 4.50% on Jan. 25 and then hit pause on an aggressive tightening campaign, according to a Reuters poll of economists, with risks skewed toward

BEIRUT (Reuters) – Independent lawmakers in Lebanon are staging a sit-in at parliament to pile pressure on dominant factions to elect a new president nearly three months since the post fell vacant with the country in the throes of an economic crisis.

A look at the day ahead in U.S. and global markets from Mike Dolan.

ZURICH (Reuters) – Fighting inflation and ensuring price stability is “absolutely essential” Swiss National Bank Chairman Thomas Jordan told a panel at the World Economic Forum in Davos.

HELSINKI (Reuters) – The Danish government said on Friday it has appointed Christian Kettel Thomsen to the job of central bank governor from Feb. 1, taking over from Lars Rohde who announced last year he would retire at the end of January after 10 years at

By Mike Dolan LONDON (Reuters) – If markets are wondering why the Federal Reserve just won’t play ball with their ‘peak interest rate’ pricing, the answer probably lies in the resumption of U.S. real wage growth.