Turkey's official reserves rose by the most since February, after Russia's Rosatom injected cash into a Turkish subsidiary.
Turkey's total gross reserves increased by about $3 billion through last week, with gold accounting for $1.6 billion of...
The immediate impact on markets from Nancy Pelosi's visit to Taiwan appears to be fading, but it's leaving fund managers pondering how to approach the shaky relationship between the world's two largest economies.
As Bloomberg notes, investors...
By Dominic Dudley
Russia and Iran have begun to take some small but significant steps toward ostracizing the dollar from their bilateral trade by testing a system of settlements in their national currencies.
In July, after the...
Her Eleftherias Kourtalis
Short positions in the euro are recommended to investors by HSBC and JP Morgan, assessing which upward movement is an opportunity to build bearish "bets", given the many and significant challenges facing the eurozone...
By David Westenhaver
The US dollar has been the "king of currencies" worldwide for 75 years. Although inflation-shocked Americans don't realize it, its purchasing power remains greater against other major currencies – a boon for Americans,...
By Eleftherias Kourtalis
And where investors in Europe thought the outlook for stocks couldn't get gloomier given the ongoing energy and inflation shocks and recession fears, the euro has hit absolute parity with the dollar for the...