KUALA LUMPUR, April 23 (Bernama) -- The bullishness of the ringgit is expected to extend into the new week, as traders continue to dump holdings of lower-yielding greenback to bet on the riskier currencies in emerging markets.
KUALA LUMPUR, April 23 (Bernama) -- The bullishness of the ringgit is expected to extend into the new week, as traders continue to dump holdings of lower-yielding greenback to bet on the riskier currencies in emerging markets.
Reuters/Minsk Belarus’ currency crisis deepened yesterday as interbank foreign exchange trading ground to a halt, participants said, following a policy U-turn on valuations from the central bank.
Top Forex Trading Themes Week April 25
FOREX: Aussie and Yen Sold Overnight, Knee-Jerk Price Action Likely Ahead
* Low yields, fiscal worries hurt dollar * Euro rally stalled by option barriers, ECB comments * Some players hedging euro downside risk by selling europuts * Yen near 3-week high, but intervention worries ...
LUCKNOW, India — Police say termites have devoured currency notes worth 10 million rupees ($222,000) in a steel bank chest in northern India.
For most intents and purposes, liquidity has already drained for the week with Thursday’s close. Friday is Good Friday market holiday recognized by US, European, Australian and New Zealand markets.