Hints and tips:
Related Special Reports
...Bitcoin trading has leapt this year following the US launch of ETFs tracking the cryptocurrency....
...In civil forfeiture proceedings at the High Court in London against Wen and Qian, the CPS said that by October 2023 Burke held £370,000 from the sales....
...The deal values Motel One at €4.1bn including debt, said Proprium....
...The South Korean won and Australian dollar weakened against the US dollar, while the yen is trading at ¥155.60 a dollar, its weakest level in decades....
...Kwon is in the middle of an extradition battle between the US and South Korea. Last year US prosecutors filed eight criminal counts against him including securities, commodities and wire fraud....
...His exchange also agreed to pay $4.3bn in fines after pleading guilty to charges relating to money laundering and breaching sanctions, a record penalty handed out by the US Treasury....
...In currency markets, the strong retail sales figures boosted the US dollar index, which tracks the world’s dominant currency against six international peers....
...The rupiah strengthened 0.4 per cent against the dollar to 16,155 on Wednesday....
...Cumulative average daily returns while Wall Street is closed come to 26.4 per cent, against 9.9 per cent during US trading hours, CCData said....
...Roger W Kirby Millbrook, NY, US...
...The greenback, which moves with interest rate expectations, fell 0.4 per cent against a basket of six peer currencies....
...The dollar’s latest move against the yen followed stronger-than-expected data for US inflation in March, which pushed out market expectations for the timing of US interest rate cuts and sent bond yields...
...The Japanese currency weakened 0.3 per cent to ¥155.32, continuing a slide against the dollar as the US economy proves robust despite heightened borrowing costs....
...It suffered the biggest drop among major currencies in the world this month, falling nearly 4 per cent. The currency has lost 8.7 per cent of its value this year....
...Rival coins dogecoin and cardano are down 4 per cent and 12 per cent respectively. But solana has broken from the crowd, rising to $209 earlier this week, the highest it has been since December 2021....
...It managed to notch up losses of $58mn last year, on revenues of just $4.1mn....
...Fed officials this week raised their forecasts for where core PCE would be by year-end to 2.6 per cent, from the previous forecast of 2.4 per cent....
...The Australian dollar dropped 0.6 per cent against the US dollar to A$0.65, and yields on the country’s two-year Treasury bill rose 0.16 per cent to 4.075 per cent. Yields move inversely to prices....
...“It now seems like markets have thrown in the towel on substantial rate cuts in the US, whereas traders are pretty certain the ECB will start easing in June,” said Francesco Pesole, a currency strategist...
...Register here for free to watch live on May 8 at 13:00-14:00 BST....
...“The BoI did a pretty good job defending levels beyond 4.00 per US dollar and the disclosure of central bank FX [currency] intervention firepower managed to suppress speculative short shekel flows,” said...
...Regional currencies continued to weaken against the US dollar, with the won, yen and Australian dollar leading losses....
...Currency markets continued to price in the prospect of US interest rates remaining elevated for longer than previously expected....
...In November Binance paid a $4.3bn penalty after pleading guilty to US criminal charges related to money laundering and breaching sanctions....
International Edition