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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
Bolivia to use 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.Reuters
Wed, Mar 12
FOREX-Dollar struggles to lift off lows as global trade war ramps up
Euro hovers near five-month high on Ukraine peace hopesLoonie steady before BoC after swinging on tariff flip-flopJapanese yen edges lower versus dollarBy Yadarisa Shabong and Kevin Buckland March 12 (Reuters) - The dollar struggled to lift off a five-month low against other major currencies on W...Reuters
Wed, Mar 12
African payments system PAPSS plans to launch FX market platform this year
New platform will allow direct exchange of African currenciesContinent's FX market dominated by local/hard currency pairsAims to boost commerce with the system after ongoing testsBy Duncan Miriri and Karin Strohecker NAIROBI, March 12 (Reuters) - A pan-African payments infrastructure provider...Reuters
Wed, Mar 12
Sterling little changed against dollar despite US tariff woes
By Yadarisa Shabong March 12 (Reuters) - Sterling steadied against the dollar on Wednesday, holding below four-month highs hit in the previous session, as Britain held back from retaliating against U.S. tariffs on steel and aluminium imports, avoiding tit-for-tat moves.The pound GBP=D3 was little...Reuters
Wed, Mar 12
AUD/USD oscillates below 0.6300 ahead of US Inflation data
The AUD/USD pair trades in a tight range below the key level of 0.6300 in Wednesday’s European session. The Aussie pair consolidates as investors await the United States (US) Consumer Price Index (CPI) data for February, which will be published at 12:30 GMT.
Fxstreet
Wed, Mar 12
