The foreign exchange, or forex, is the global marketplace where the world's currencies are exchanged. U.S. dollars or British pounds are exchanged for euros, Canadian dollars, or Japanese yen. When ...
Friday will mark the 16th birthday of bitcoin, the world’s first ever cryptocurrency. Created by the pseudonymous Satoshi ...
LONDON, Sept 30 (Reuters) - Global currency trading volumes soared to a record $9.6 trillion a day in April as Donald Trump's 'Liberation Day' U.S. trade tariff blitz triggered widespread market ...
Global trading of the Chinese yuan has surged to $817 billion a day, extending a decade-long trend with volumes nearing those of the British pound, according to the Bank for International Settlements.
Bundles of cash are displayed in Kathmandu, Nepal, on March 18, 2025. Photo by NurPhoto via AFP This currency accounts for over a fifth of global transactions and supports a vast market of hundreds of ...
LONDON/SINGAPORE, July 29 (Reuters) - A perfect storm of political, policy and technical risks has upended one of the year's most popular currency trades, sending the Japanese yen soaring from 38-year ...
Chinese officials seem pleased with the yuan’s recent progress as a global currency. The international monetary system is diversifying at an accelerating pace, said Pan Gongsheng, the governor of ...
After decades of increasing global economic integration, the world is facing a growing risk of geoeconomic fragmentation, with potentially far-reaching implications for the global economy and the ...
President-elect Donald J. Trump threatened to impose tariffs on countries that seek to replace the dollar in trade or undermine its global reserve currency status. By Alan Rappeport Reporting from ...