Currencies

Dollar Falls Against Yen on Risk Reduction; Sterling Sinks

The U.S. dollar slumped against the safe-haven yen on Monday on investors' reduced appetite for risk, while sterling sank to more than two-month lows on talk that Britain would drastically rework trade ties with the European Union after Brexit.

Mexico Cenbank Sells $1B to Prop Peso After Trump Slump

Mexico's central bank sold dollars in Mexico and New York on Thursday to fight off the peso's nose dive to record lows amid fears U.S. President-elect Donald Trump's protectionist policies could further hammer Latin America's second-biggest economy.

Mexico Cenbank Sells $1B to Prop Peso After Trump Slump

Mexico's central bank sold dollars in Mexico and New York on Thursday to fight off the peso's nose dive to record lows amid fears U.S. President-elect Donald Trump's protectionist policies could further hammer Latin America's second-biggest economy.

Bitcoin Slides as Much as 20% as Chinese Yuan Rises

A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20 percent as China's yuan rose sharply - further evidence of an intriguing inverse relationship between the pair.

Bitcoin Slides as Much as 20% as Chinese Yuan Rises

A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20 percent as China's yuan rose sharply - further evidence of an intriguing inverse relationship between the pair.

Discretionary Stocks Lift Wall St, Fed Minutes Awaited

Wall Street extended its gains into the second trading day of the new year, supported by consumer discretionary stocks, as investors awaited minutes of the Federal Reserve's December meeting where it raised interest rates.

Stocks Retrace Gains, but Some Investors Weary

Wall Street rose on Tuesday as a post-election rally extended into the new year, even as some investors warned they need to see results from President-elect Donald Trump before pushing stock prices significantly higher.