IRS stimulus checks: 1 million taxpayers to receive payments—are you one of them?
The IRS is set to send out $2.4 billion in stimulus payments to eligible US taxpayers by late January. These…
Asia FX weakens as dollar surges to 26-mth peak on rising rate jitters
Investing.com– Most Asian currencies weakened on Monday, seeing sustained pressure from strength in the dollar as stronger-than-expected U.S. payrolls data…
Surging dollar pressures peers as further Fed cuts in question
By Rae Wee SINGAPORE (Reuters) -The dollar charged higher on Monday and drove its peers to multi-year lows after a…
Hong Kong to expand yuan trade finance, Bond Connect schemes, HKMA says
HONG KONG (Reuters) – Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope…
China steps up policy measures to defend fragile yuan
SHANGHAI (Reuters) – China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to…
Dollar retains strength ahead of CPI release; sterling weakens again
Investing.com – The US dollar rose Monday, remaining at elevated levels after the stronger-than-expected US payrolls data, while sterling continued…
British pound slides amidst rising gilt yields and fiscal concerns
Investing.com — The British pound continued its recent decline against the dollar and the euro on Monday, driven by rising…
Sterling at 14-month low as gilt yields rise again
By Samuel Indyk LONDON (Reuters) – The British pound extended its recent drop against the dollar and the euro on…
Russian rouble slips as oil price and forex action limit sanctions impact
MOSCOW (Reuters) – The Russian rouble eased against the U.S. dollar and China’s yuan on Monday as rising oil prices…
China boosts support for yuan, increases overseas borrowing limits
Investing.com — In a bid to bolster its weakening currency, China has unveiled plans to store more dollars in Hong…