Category: Cautious
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Central banks turn cautious on China’s yuan, keen on dollars and gold By Reuters
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Written by Alun John LONDON (Reuters) – More global reserve managers intend to increase exposure to the currently high-yielding U.S. dollar as their interest in it deteriorates due to lower yields and geopolitical tensions, the official forum of monetary and financial institutions said. Data from a survey conducted by the…
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Dollar keeps steadier on higher yields, cautious risk mood
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Bond yields rose after the UK CPI report was released earlier, helping to support the USD/JPY pair slightly. The pair rose by 0.2% to reach 156.47, as it continues to close at the highest level recorded last week at 156.78. This comes as 10-year Treasury yields rose by 2.9 basis…
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India’s SEBI Embraces Crypto Oversight, While RBI Maintains Cautious Stance
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The Indian financial landscape is currently at a crossroads Securities and Exchange Board of India (SEBI) And the Reserve Bank of India (RBI) In disagreement over the future of cryptocurrency trading. While SEBI is adopting oversight of cryptocurrencies, the Reserve Bank of India is adopting a more cautious stance, wary…