Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags

Market Week Ahead: Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags Markets remain risk-on with a range of US equity markets posting fresh multi-month highs. The VIX ‘fear gauge’ is at lows last seen at the start of 2020 and has fallen in excess of 46% from its late-October spike high. The growing feeling that

Forexlive Americas FX news wrap: The yen rebound continues as the US dollar sags

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Exclusive-Chinese exporters using currency swaps to retain dollars as yuan sags By Reuters

© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo SHANGHAI/SINGAPORE (Reuters) – Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan for fear of losing out on potential gains in the U.S. currency, official