News
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Cboe posts record quarterly profit as market volatility sparks hedging rush
May 2 (Reuters) - Derivatives exchange Cboe Global Markets CBOE.Z reported a record first-quarter profit on Friday as heightened market volatility fueled strong growth in options trading.Exchanges thrive during times of market turmoil as trading volumes surge and investors hedge their portfolios to ...Reuters
Fri, May 2
FOREX -Dollar on back foot ahead of payrolls data even as trade talks go on
China's Commerce Ministry evaluates US offer for trade talksYen hits three-week low against the dollar then reboundsNon-farm payrolls report awaited for Fed rate cut cluesBy Rocky Swift TOKYO, May 2 (Reuters) - The dollar dipped on Friday, with investors nervous about chasing its recent rebou...Reuters
Fri, May 2
US moves to ban Cambodia's Huione over alleged money laundering
By Tom Wilson May 2 (Reuters) - The U.S. Treasury plans to ban Cambodian financial firm Huione Group from the U.S. financial system, deeming it of "primary money laundering concern" over its alleged role in laundering illicit funds from cyber heists and online scams.The Treasury's Fin...Reuters
Fri, May 2
INDIA RUPEE-Rupee hits six-month peak before retreating on likely central bank intervention
MUMBAI, May 2 (Reuters) - The Indian rupee soared past 84 per U.S. dollar to touch a near six-month peak on Friday before reversing course on the back of likely dollar buying intervention by the central bank, via state-run lenders, traders said. Strong portfolio inflows and culling of bearish positi...Reuters
Fri, May 2
Taiwan central bank says US has not requested Taiwan dollar's appreciation
TAIPEI, May 2 (Reuters) - Taiwan's central bank said on Friday that the United States had not requested the Taiwan dollar's TWD= appreciation and that the bank would continue to maintain the dollar's dynamic stability.The central bank issued the statement after the Taiwan dollar hit its ...Reuters
Fri, May 2
EMERGING MARKETS-Stocks join global rally on hopes of easing China-US trade tensions
By Medha Singh May 2 (Reuters) - Most emerging markets' currencies rose on Friday, joining a global rally as signs that the United States and China are engaging in tariff talks offered solace to investors hoping for a de-escalation in the damaging trade war.Beijing is "evaluating" an ...Reuters
Fri, May 2
Sterling edges up against weaker dollar ahead of key U.S. data
By Lucy Raitano May 2 (Reuters) - Sterling edged up against a weaker dollar on Friday, staying near a three-year high scaled earlier in the week as the U.S. currency lost ground over U.S. President Donald Trump's announced sweeping tariffs. At 1018 GMT, the pound was up 0.1% versus the dollar...Reuters
Fri, May 2
FOREX-Dollar on backfoot ahead of payrolls data even as trade talks go on
China's Commerce Ministry evaluates US offer for trade talksYen hits three-week low against the dollar then reboundsNon-farm payrolls report awaited for Fed rate cut cluesBy Rocky Swift TOKYO, May 2 (Reuters) - The U.S. dollar ceded ground to the Swiss franc, Australian dollar, euro and yen o...Reuters
Fri, May 2
Eurozone Preliminary HICP inflation steadies at 2.2% YoY in April vs. 2.1% expected
The Eurozone Harmonized Index of Consumer Prices (HICP) increased 2.2% year-over-year (YoY) in April, at the same pace as seen in March, the official data released by Eurostat showed Friday. The market consensus was for a 2.1% reading in the reported period.
Fxstreet
Fri, May 2
NZD/USD appreciates to near 0.5950 ahead of Nonfarm Payrolls report
NZD/USD retraces its recent losses from the previous session, trading around 0.5940 during the European hours on Friday. The upside of the pair could be restrained as signs of easing US trade tensions support the US Dollar (USD).
Fxstreet
Fri, May 2
