News
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Sanctioned Russian crypto exchange suspends services as Tether blocks wallets
By Elena Fabrichnaya and Alexander Marrow MOSCOW, March 6 (Reuters) - Russian cryptocurrency exchange Garantex on Thursday said stablecoin Tether had blocked digital wallets on its platform holding more than 2.5 billion roubles ($28 million), forcing it to suspend operations days after coming und...Reuters
Thu, Mar 6
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% lower at C$1.4362 to the greenback, or 69.63 U.S. cents, after trading in a range of 1.431 to 1.4376.Canadian government 10-year bond yields CA10YT=RR ...Reuters
Thu, Mar 6
CAD edges marginally lower – Scotiabank
The Canadian Dollar (CAD) is marginally weaker. Canada got a further, temporary concession from the US border tariff regime yesterday, with the White House announcing a one-month reprieve for the auto sector, Scotiabank's Chief FX Strategist Shaun Osborne notes, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, Mar 6
Sanctioned Russian crypto exchange suspends services as Tether blocks wallets
By Elena Fabrichnaya and Alexander Marrow MOSCOW, March 6 (Reuters) - Russian cryptocurrency exchange Garantex on Thursday said stablecoin Tether had blocked digital wallets on its platform holding more than 2.5 billion roubles ($28 million), forcing it to suspend operations days after coming und...Reuters
Thu, Mar 6
FOREX-Euro touches 4-month peak; eyes on ECB policy meeting, outlook
Euro steadies as all eyes on ECB policy meetingThe single currency gains 4% this weekU.S. dollar index hovers at 4-month lowsBy Yadarisa Shabong March 6 (Reuters) - The euro steadied after hitting a four-month high against the dollar on Thursday as traders brace for the European Central Bank'...Reuters
Thu, Mar 6
USD/CAD gains to near 1.4360 despite US Dollar declines
The USD/CAD pair moves higher to near 1.4360 in Thursday’s European session despite the US Dollar (USD) extends its downside, suggesting significant weakness in the Canadian Dollar (CAD). The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slides to a four-monFxstreet
Thu, Mar 6
Brazilian fintech Meliuz adopts new treasury strategy to invest in bitcoin
SAO PAULO, March 6 (Reuters) - Brazilian fintech Meliuz CASH3.SA said on Thursday its board of directors had approved a new treasury strategy allowing the company to allocate resources and make investments in bitcoin as it seeks "long-term" returns.The new strategy allows up to 10% of Meliuz...Reuters
Thu, Mar 6
CORRECTED-EMERGING MARKETS-Stocks advance as China rally continues; focus on tariffs
EM debt swept up in global bond sell-offAlibaba's HK shares surge after it unveils reasoning modelGoldman Sachs raises EM's target on AI-driven China rallyECB rate decision at 1315 GMT, Turkey rate decision also awaitedBy Shashwat Chauhan March 6 (Reuters) - An index for emerging markets ...Reuters
Thu, Mar 6
Sterling extends drop versus euro after German fiscal boost
LONDON, March 6 (Reuters) - The pound extended a slide against the euro on Thursday, dropping to its weakest level since January as the single currency benefited from an improving growth outlook after Germany announced plans to massively boost fiscal spending.
Reuters
Thu, Mar 6
COMMENT-Justifying a Riksbank rate cut becomes increasingly challenging
March 6 (Reuters) - A fragile Swedish economic recovery presents a rate cut case, but the Riksbank is having to refocus its policy efforts on inflation and as such, further interest cuts are unlikely.Swedish flash inflation data for February surprised to the upside with the year-on-year CPIF measure...Reuters
Thu, Mar 6
COMMENT-NFP miss could tee up Fed cut in May, damage USD
March 6 (Reuters) - Worse than expected U.S. jobs data on Friday could raise the probability of the Federal Reserve cutting interest rates as early as May, and prompt further selling of the U.S. dollar.The Reuters poll consensus forecast for February's nonfarm payroll number is 160,000. The unem...Reuters
Thu, Mar 6
