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Currencies

Pound jumps as traders lock in an interest-rate hike after UK inflation's surprise rebound

Wed, 03/22/2023 - 06:47

FILE PHOTO: British five pound banknotes are seen in this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/Illustration/File Photo — The British pound jumped Wednesday after a surprise flare-up in UK inflation.
Reuters

Markets, MI Exclusive, Currencies, British pound, Inflation, Bank of England, Bank of England interest rates

Inflation tops 100% in Argentina as the price of beef spikes

Wed, 03/15/2023 - 06:22

Tech Insider : Economy

beef bbq argentina — Beef prices are soaring in Argentina, according to government data published Tuesday.
Walter Brandimarte/Reuters

Markets, MI Exclusive, Currencies, economy, Argentina, Inflation, Argentina Inflation

Blame Silvergate's collapse on risky crypto, Elizabeth Warren says - but others slam 'arsonist and firefighter' crackdowns. 10 top experts on what pushed the bank to fail.

Thu, 03/09/2023 - 13:22

Tech Insider : Crypto

Sen. Elizabeth Warren — Sen. Elizabeth Warren.
Kevin Dietsch/Getty Images

Markets, MI Exclusive, crypto, Currencies, Cryptocurrencies, Silvergate, Silvergate Bank

The dollar is spiking against rival currencies as Fed boss Powell delivers tough talk on rate hikes

Wed, 03/08/2023 - 15:52

A money changer holds stacks of US dollar notes in Jakarta, August 29, 2013. REUTERS/Beawiharta — A money changer holds stacks of US dollar notes in Jakarta
Thomson Reuters

Markets, MI Exclusive, Dollar, DXY, US dollar index, Federal Reserve, Jerome Powell

Troubled crypto bank Silvergate sees regulators swoop in to try to help it stay afloat

Wed, 03/08/2023 - 07:03

Tech Insider : Crypto

Crypto coins — Crypto coins
(Photo by Jakub Porzycki/NurPhoto via Getty Images)

Markets, MI Exclusive, crypto, Silvergate Bank, Silvergate Capital, Bankruptcy, Collapse

Coinbase customer who lost $96,000 in a crypto hack has sued the exchange after getting the brush-off

Wed, 03/08/2023 - 06:27

Tech Insider : Crypto

Image of crypto exchange apps — Coinbase has been sued after a claimed customer hack.
Getty Images

Markets, MI Exclusive, crypto, Coinbase, Hack, customer, Currencies

Coinbase, Gemini and other big crypto names have rushed to ditch Silvergate after the bank warned of building troubles

Fri, 03/03/2023 - 06:16

Image of crypto exchange apps — Coinbase, Kraken and other crypto apps.
Getty Images

Markets, MI Exclusive, Currencies, Cryptos, Silvergate Capital, Silvergate Bank, Silvergate

The dollar stages a comeback, with the Fed's war on inflation putting it on course for its first monthly gain since September

Mon, 02/27/2023 - 07:20

dollar — The dollar is poised to snap a four-month losing streak.
Murad Sezer/Reuters

Markets, MI Exclusive, Currencies, Dollar, US Dollar, DXY, US dollar index

ChatGPT predicts US dollar dominance will give way to a multipolar currency system as China's yuan gains influence

Sat, 02/11/2023 - 08:45

Dollar vs. Yuan — AlexSava/Getty Images

Markets, MI Exclusive, Stocks, Currencies, ChatGPT, China, Yuan

Turkey stocks drop, lira hovers near record low as President Erdogan declares a 3-month state of emergency after devastating earthquake

Tue, 02/07/2023 - 10:26

Turkish lira — A money changer counts Turkish lira bills at an currency exchange office in Istanbul December 16, 2014.
REUTERS/Murad Sezer

Markets, MI Exclusive, Turkey, Earthquakes, Borsa Istanbul, Lira, USDTRY

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