Egypt Strengthens Currency Amid Disruptive Dollar Shortage
Egypt's central bank strengthened the pound on Wednesday for the first time since 2013, injecting dollars into a…
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currency
Asian stocks advance on China rate cut, U.S. tech earnings
Asian stocks on Monday were close to wiping out all their losses since China's shock currency devaluation in…
China jumps to fourth most-used world payment currency, overtakes yen – SWIFT
China's yuan became the fourth most-used world payment currency in August, overtaking the Japanese Yen, global…
China to curb yuan speculation amid reform push
China is studying plans to curb currency speculation even as it seeks to quicken the process of making the yuan…
Global concerns may shrink Wall Street’s third-quarter estimates
Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push…
China’s devaluation may be bad news for FX industry
China's currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take…
Moody’s: China advances exchange rate reform, a credit positive
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support…
China pushes Yuan down further, fuels fears of Currency War
China's yuan hit a four-year low on Wednesday, falling for a second day after authorities devalued it in a move…
IMF lays out hurdles to yuan as reserve currency
China will likely have to move ahead with market liberalization before the International Monetary Fund (IMF)…
Europe gives Tired Cheer as Greek Talks reach Deal
European markets gave a weary cheer on Monday as euro zone leaders emerged from-all night talks in Brussels with a…