High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
© Reuters. The Kenyan shilling has been under significant stress due to an oversupply of dollars, leading to its devaluation and trading at Sh150 per U.S dollar. The situation has been aggravated by capital outflows as major economies increase base lending rates to mitigate inflation. Importers seeking dollars further exacerbate the situation, as reported by
Share: Nvidia stock sells off at the beginning of Friday’s session. President Joe Biden’s administration intends to bar foreign units of Chinese companies from accessing Nvidia’s H100 and A100 GPUs. NVDA stock has been rising for more than three weeks now. Chinese companies have been remotely accessing AI chip technology, according to Reuters.
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Hannah Lang and Joice Alves WASHINGTON/LONDON (Reuters) – The dollar index was off a two-month high Thursday after Federal Reserve meeting minutes left the door open for more rate hikes and data this week