GBP/USD look headed for its first weekly gain in four weeks moving into late Thursday trading. UK Q1 GDP data last week proved a real disappointment and March monthly GDP did by even more. Furthermore, the situation with the Northern Ireland protocol still hangs over the pound like the sword of Damocles.
Stablecoins have dominated the headlines in the world of cryptocurrency this week with the crash of several coins. What Happened: A SPAC deal could face hurdles getting approved given the current climate on stablecoins. Circle helped launch the USD Coin , a stablecoin, with partner Coinbase Global Inc in 2018.
* Global shares slide as Wall St rally fizzles. * Bonds rally on safety appeal, dollar backs away from highs. By Herbert Lash. Global equities fell further on Thursday, unable to sustain a late rally on Wall Street, as investors dumped stocks on fears of sluggish growth and bought safe-haven assets such as government debt and the Swiss franc.
The Canadian dollar strengthened
to its highest level in two weeks against the U.S. dollar on
Thursday as oil prices rose and investors reduced their exposure
to the U.S. currency.
* Global shares slide as Wall Street cools a bit. * Bonds rally on safety appeal, dollar backs away from highs. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Herbert Lash.
* Dollar index down 1% * Swiss Franc rallies after SNB hawkish comments. By Saqib Iqbal Ahmed. The dollar slipped across the board on Thursday, falling to a 2-week low, extending its pullback from a two-decade high, as most major currencies battered by the greenback's advance this year drew buyers.
Currencies in Latin America strengthened
on Thursday as the dollar dropped and metal prices rebounded,
with the Brazilian real leading gains on the prospect of
lockdowns being lifted in top ...
* Global shares slide as Wall Street cools a bit. * Bonds rally on safety appeal, dollar backs away from highs. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Herbert Lash and Marc Jones.
Currencies in Latin America strengthened
on Thursday as the dollar dropped and metal prices rebounded,
with the Brazilian real leading gains on the prospect of
lockdowns being lifted in top ...
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