Forex16 hours ago (Apr 08, 2020 04:36PM ET) (C) Reuters. Korea Inc. Returns to Debt Market Even as Virus Fears Stay High (Bloomberg) -- South Korea's corporate bond sales are starting to revive as the government joins authorities abroad in taking steps to support credit markets roiled by the coronavirus pandemic. Lotte Food Co. priced won-denominated bonds Tuesday, the first ...

(C) Reuters. The Money's Not Coming Home: $690 Billion Remittance Risk (Bloomberg) -- The amount of money migrant workers send to their home countries usually holds up well in a crisis. Not this time. Waves of job losses among overseas workers and international border closures are sapping the $690 billion annual flow of global remittances at a time when many ...

Forex16 hours ago (Apr 08, 2020 04:18AM ET) (C) Reuters. Euro, Italy Bonds Slide After EU Fails to Agree on Virus Defense (Bloomberg) -- The euro and Italian bonds declined after European Union finance ministers failed to agree on joint measures to cushion the region's economy against the impact of the coronavirus crisis. The common currency fell against most Group-of-10 ...

Forex17 hours ago (Apr 08, 2020 03:27AM ET) (C) Reuters. Sentiment Plunges to a Record Low on Japan's Main Street (Bloomberg) -- Japanese merchants may never have been more worried. Sentiment among store managers, barbers, taxi drivers and others who deal directly with Japanese consumers plummeted to a record low at the end of March, according to results Wednesday from ...

Forex2 hours ago (Apr 08, 2020 03:02AM ET) By Peter Nurse Investing.com - The U.S. dollar is back in demand Wednesday, as investors sought safe havens amid disappointing news surrounding the coronavirus outbreak and the economic damage in Europe becomes apparent. At 3 AM ET (0700 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six ...

Forex5 hours ago (Apr 08, 2020 12:27AM ET) (C) Reuters. By Gina Lee Investing.com - The U.S dollar reversed its losses on Wednesday in Asia as investors flocked to safe havens amid increasing numbers of fatalities from the COVID-19 pandemic. New York state and the United Kingdom announced their highest daily death toll overnight, despite the falling number of cases ...

Forex7 hours ago (Apr 07, 2020 10:30PM ET) (C) Reuters. FILE PHOTO: Photo illustration of one hundred dollar notes in Seoul By Tom Westbrook SINGAPORE (Reuters) - The dollar found a footing on Wednesday as investors returned to safe-havens, unwinding some risk currency gains made on hopes the coronavirus crisis in Europe and New York was slowing. The greenback rose ...

Forex11 hours ago (Apr 07, 2020 02:32PM ET) (C) Reuters. By Yasin Ebrahim Investing.com - The pound extended its rally pound against the dollar on Tuesday as investors digested news that Prime Minister Boris Johnson remained in intensive care and his condition was "stable." GBP/USD rose 0.94% to $1.2344, to trade close to session highs of $1.2385. U.K. Foreign Secretary ...

Forex17 hours ago (Apr 07, 2020 09:00AM ET) (C) Reuters. It's Back to the Future for Currencies With Volatility Like 2008 (Bloomberg) -- The global financial crisis may offer proper guidance on how currency volatility will play out beyond the current market turmoil, even though the two shocks are vastly different in nature. What seems clear is that investors may ...

Forex23 hours ago (Apr 07, 2020 03:09AM ET) (C) Reuters. By Peter Nurse Investing.com - The dollar has been on the back foot Tuesday, with risk sentiment boosted by further evidence that the virus has peaked in some countries in Europe, while the U.S. has also seen scattered evidence of improvement. At 3:10 AM ET (0710 GMT), the U.S. Dollar ...

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.



 
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!