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BREAKINGVIEWS-GameStop completes meme-stock evolution
By Pranav KiranTORONTO, March 28 (Reuters Breakingviews) - In the Pokemon video games, players nurture digital creatures as they evolve through three distinct stages. GameStop GME.N, ostensibly a $10 billion game retailer, is experiencing something similar. On Thursday, it priced a $1.3 billion offe...Reuters
Fri, Mar 28
FDIC says banks can engage in crypto activities without prior approval
By Pete Schroeder WASHINGTON, March 28 (Reuters) - Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities.The Federal Deposit Insurance Corporation announced Friday that banks can engage in legally permitted activ...Reuters
Fri, Mar 28
FDIC says banks can engage in crypto activities without prior approval
WASHINGTON, March 28 (Reuters) - The Federal Deposit Insurance Corp said on Friday that institutions supervised by the agency do not need to get prior approval for permissible crypto-related activities.Such permissible activities include those involving new and emerging technologies such as crypto-a...Reuters
Fri, Mar 28
GBP/USD steadies near 1.2950 as traders digest PCE figures, tariff turmoil
The Pound Sterling remains firm, hovering around 1.2950 against the US Dollar, virtually unchanged, as traders digest the latest inflation report from the United States (US), amid uncertainty about a potential trade war escalation following Trump's imposition of tariffs on cars.
Fxstreet
Fri, Mar 28
FOREX-Dollar slips as traders wait on tariff clarity
Core inflation hotter than expected in FebruaryDollar weaker against euro and yenReciprocal tariff announcement next week major market focusBy Karen Brettell NEW YORK, March 28 (Reuters) - The dollar weakened on Friday ahead of a planned announcement next week by U.S. President Donald Trump on re...Reuters
Fri, Mar 28
Canada's GDP for January expands by 0.4% as tariff impact looms
Statscan expects GDP to remain unchanged in FebruaryDecember GDP was revised upwards to 0.3% from 0.2%BoC, economists see growth falling in coming monthsBy Promit Mukherjee OTTAWA, March 28 (Reuters) - Canada's Gross Domestic Product grew by 0.4% on a monthly basis in January as economic acti...Reuters
Fri, Mar 28
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0% lower at C$1.431 to the greenback, or 69.88 U.S. cents, after trading in a range of 1.4299 to 1.4333.Canadian government 10-year bond yields CA10YT=RR fell...Reuters
Fri, Mar 28
FOREX-Euro dips and dollar ticks higher with inflation, tariffs in focus
By Harry Robertson LONDON, March 28 (Reuters) - The euro slipped on Friday after European inflation data came in lower than expected and as a U.S. tariff deadline loomed, while the dollar ticked higher as investors waited for U.S. price figures later in the day.Data showed inflation in France and...Reuters
Fri, Mar 28
USD/CHF Price Forecast: Trades inside Thursday’s range ahead of US PCE Inflation
The USD/CHF pair ticks higher to near 0.8830 but trades inside Thursday’s trading range in Friday’s North American session ahead of the United States (US) Personal Consumption Expenditure Price Index (PCE) data for February, which will be published at 12:30 GMT.
Fxstreet
Fri, Mar 28
Sterling draws strength from UK retail sales
By Amanda Cooper GDANSK, March 28 (Reuters) - The pound briefly rose on Friday after data showed UK retail sales were surprisingly strong in February, offering some optimism about the resilience of the consumer, while the broader economy barely grew in the fourth quarter.British retail sales unex...Reuters
Fri, Mar 28
Geopolitical angst prompts over 60% of companies to hedge FX for longer, survey shows
By Amanda CooperGDANSK, March 28 (Reuters) - Two out of three companies around the world are planning to change their currency hedges by adding to them, or keeping them for longer in response to growing geopolitical tensions, a survey on Friday from software provider MillTechFX showed.Companies and ...Reuters
Fri, Mar 28
