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Mexican Peso strengthens as US CPI cools
The Mexican Peso (MXN) rallies against the US Dollar (USD) on Wednesday as the latest inflation report in the United States (US) could force the Federal Reserve (Fed) to lower borrowing costs, hence widening the interest rate differential between Mexico and the US.
Fxstreet
Wed, Mar 12
Abu Dhabi-backed investor buys into Binance with $2 bln of crypto
Abu Dhabi's MGX to become minority shareholder in Binance$2 bln investment was made in stablecoin, not dollarsBinance deepens ties with Abu DhabiBy Elizabeth Howcroft and Federico Maccioni DUBAI, March 12 (Reuters) - Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency i...Reuters
Wed, Mar 12
CANADA FX DEBT-Canadian dollar gains after 'balanced' BoC policy statement
Canadian dollar rises 0.2% against the greenbackTrades in a range of 1.4371 to 1.4484BoC cuts key rate 25 basis points to 2.75%Bond yields increase across the curveBy Fergal Smith TORONTO, March 12 (Reuters) - The Canadian dollar edged up against its U.S. counterpart on Wednesday as the Bank of C...Reuters
Wed, Mar 12
FOREX-Dollar strengthens against peers as markets digest inflation data, trade tensions
Dollar index poised to snap 7-day losing streakEuro hovers near five-month high on Ukraine peace hopesCanadian dollar gains after Bank of Canada trims ratesJapanese yen edges lower versus dollarBy Chibuike Oguh and Yadarisa Shabong NEW YORK, March 12 (Reuters) - The U.S. dollar strengthened again...Reuters
Wed, Mar 12
Binance says Abu Dhabi's MGX invests $2 bln into crypto exchange
March 12 (Reuters) - Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of cryptocurrency into the company. Binance said in a statement posted on its website that it was the first time it had taken institutional investment. The exchange sai...Reuters
Wed, Mar 12
Coinbase says some users experiencing delayed sends and receives for ZK
March 12 (Reuters) - Coinbase Global Inc COIN.O:COINBASE GLOBAL: AWARE THAT SOME USERS MAY BE EXPERIENCING DELAYED SENDS & RECEIVES FOR ZKCOINBASE GLOBAL: BUYS, SELLS, AND FIAT WITHDRAWALS/DEPOSITS ARE NOT AFFECTEDReuters
Wed, Mar 12
USD/CAD gauges temporary support near 1.4400 after US CPI, BoC’s policy decision
The USD/CAD pair looks for temporary support near the key level of 1.4400 during North American trading hours on Wednesday after the release of the United States (US) Consumer Price Index (CPI) data for February and the Bank of Canada’s (BoC) interest rate decision.
Fxstreet
Wed, Mar 12
Brazil will not retaliate against US steel tariffs immediately, minister says
BRASILIA, March 12 (Reuters) - Brazil's Finance Minister Fernando Haddad said on Wednesday that the South American country would not immediately retaliate against tariffs imposed by the United States on steel and aluminum imports, instead seeking negotiations with the U.S. government.Reuters
Wed, Mar 12
Bolivia turns to crypto for energy imports amid dollar, fuel shortages
LA PAZ, March 12 (Reuters) - Bolivia's state energy firm YPFB will use cryptocurrency to pay for energy imports amid a painful shortage of dollars and fuel in the landlocked South American nation, a company spokesperson and a government official told Reuters on Wednesday.The country is battling ...Reuters
Wed, Mar 12
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% higher at C$1.4395 to the greenback, or 69.47 U.S. cents, after trading in a range of 1.4371 to 1.4484.Canadian government 10-year bond yields CA1...Reuters
Wed, Mar 12
