Edition:
International

Gertrude Chavez-Dreyfuss

UPDATE 1-Foreign holdings of U.S. Treasuries rise in April as rates stabilize -data

5:26pm EDT

NEW YORK, June 15 Foreign holdings of Treasuries rose in April, data from the Treasury Department showed on Tuesday, as investors bought back U.S. government debt after yields started to decline from their highs.

Crypto sees second week of outflows; ether posts record outflows - CoinShares

Jun 14 2021

NEW YORK Cryptocurrency investment products and funds saw outflows for a second straight week, with ether posting record outflows as institutional investors took a step back, data from digital asset manager CoinShares showed on Monday.

What's at stake for markets as U.S. debt ceiling looms

Jun 14 2021

NEW YORK The U.S. debt ceiling comes into effect at the end of July, putting pressure on the Treasury to reduce its cash balance ahead of the deadline. That means more injections of cash into a financial system already awash with liquidity, a scenario that could further sink short-term rates and cause undue distortion in the overnight repurchase market.

U.S. Fed's reverse repo volume surges to record half a trillion dollars

Jun 09 2021

NEW YORK (Reuters) -The Federal Reserve's reverse repurchase window on Wednesday took in $503 billion in cash, hitting a record peak for a third consecutive session, as financial institutions flush with liquidity flocked to the Fed facility to park their cash and secure Treasury collateral.

Bitcoin weekly outflows hit record high - CoinShares data

Jun 07 2021

NEW YORK Bitcoin funds and products posted record outflows last week as investors continued to cast a cautious eye on the world's largest cryptocurrency, which has seen its upward momentum stall in the last few months, according to digital currency manager CoinShares data released on Monday.

Bitcoin weekly outflows hit record high -CoinShares data

Jun 07 2021

NEW YORK, June 7 Bitcoin funds and products posted record outflows last week as investors continued to cast a cautious eye on the world's largest cryptocurrency, which has seen its upward momentum stall in the last few months, according to digital currency manager CoinShares data released on Monday.

Dollar climbs to three-week peak in wake of strong U.S. data

Jun 03 2021

NEW YORK The dollar rose to a three-week high on Thursday, bolstered by stronger-than-expected U.S. jobs data that suggested an improving labor market and reinforced signs that the world's largest economy was on its way to recovery from the COVID-19 pandemic.

FOREX-Dollar lifted by strong U.S. data

Jun 03 2021

* U.S. jobless claims, private payrolls better than expected * Russia to remove U.S. dollar assets from National Wealth Fund * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E (Adds comment, U.S. data, updates prices, changes byline, dateline; previous LONDON) By Gertrude Chavez-Dreyfuss NEW YORK, June 3 The dollar rose on Thursday after stronger-than-expected U.S. jobs data that suggested an improving labor market, reinforcing signs that the world's largest economy was on its way to a steady path to recovery from the pandemic. The greenback was already on solid footing ahead of the economic reports, as currency investors bet that Thursday's U.S. data will come out better than market forecasts. U.S. private payrolls increased by 978,000 jobs in May, the ADP National Employment Report showed, the biggest increase since June 2020. Economists polled by Reuters had forecast private payrolls would increase by 650,000 jobs. At the same time, U.S. initial jobless claims dropped below 400,000 last week for the first time since the COVID-19 pandemic started more than a year ago. "You have to give the U.S. dollar merit because the economy behind it seems to be coming out of the pandemic mode and now indicators are giving us signs of clear momentum," said Juan Perez, FX strategist and trader, at Tempus Inc in Washington. "Ultimately, our overall situation is better business-wise and even politically as the focus becomes on major future spending to keep labor steady, if not thriving, in the remainder of the year," he added. Traders also awaited U.S. nonfarm payrolls report for May, due on Friday, which could set the tone at central bank meetings later this month. Wall Street economists' consensus forecast was for 650,000 new U.S. jobs last month. In midmorning trading, the dollar index, which measures the greenback against a basket of six currencies, rose 0.5% to 90.386. It found strong support around the 89.946 mark in recent sessions after falling 2% in April and a further 1.6% in May. The euro, meanwhile, fell 0.5% against the dollar to $1.2143. Against the yen, the dollar gained 0.5% to 110.10 yen. The Federal Reserve has also started to unwind some of its asset purchases. On Thursday, the New York Fed said it would start to gradually offload its portfolio of exchange-traded funds that invest in corporate bonds on June 7, the first step in unwinding corporate bond holdings acquired during the pandemic. In other currency news, Russia announced it would completely remove U.S. dollar assets from its National Wealth Fund (NWF), while increasing the share of the euro, Chinese yuan and gold, according to Finance Minister Anton Siluanov on Thursday. The changes are expected within a month. The move did not have any immediate impact on currencies. Sterling was down 0.4% versus the dollar at $1.4108 on Thursday as investors fret a little about whether a new virus variant spreading in Britain can delay plans for reopening the economy. Cryptocurrencies rose, with bitcoin last up 2.6% at $38,573, while ether was up 3% on the day at $2,794. ======================================================== Currency bid prices at 10:14AM (1414 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 90.4130 89.9200 +0.56% 0.480% +90.4410 +89.8850 Euro/Dollar $1.2138 $1.2210 -0.58% -0.65% +$1.2214 +$1.2137 Dollar/Yen 110.1600 109.5750 +0.53% +6.62% +110.1600 +109.5650 Euro/Yen 133.70 133.77 -0.05% +5.34% +133.9100 +133.6700 Dollar/Swiss 0.9042 0.8981 +0.67% +2.20% +0.9042 +0.8980 Sterling/Dollar $1.4112 $1.4169 -0.39% +3.30% +$1.4202 +$1.4105 Dollar/Canadian 1.2100 1.2035 +0.53% -4.99% +1.2115 +1.2031 Aussie/Dollar $0.7671 $0.7752 -1.03% -0.27% +$0.7754 +$0.7668 Euro/Swiss 1.0973 1.0962 +0.10% +1.54% +1.0976 +1.0958 Euro/Sterling 0.8600 0.8617 -0.20% -3.77% +0.8621 +0.8586 NZ $0.7159 $0.7232 -1.01% -0.31% +$0.7241 +$0.7159 Dollar/Dollar Dollar/Norway 8.3690 8.3085 +0.90% -2.37% +8.3860 +8.2905 Euro/Norway 10.1570 10.1225 +0.34% -2.96% +10.1800 +10.1230 Dollar/Sweden 8.3292 8.2646 +0.14% +1.62% +8.3345 +8.2622 Euro/Sweden 10.1110 10.0970 +0.14% +0.34% +10.1178 +10.0884 (Reporting by Gertrude Chavez-Dreyfuss; Additional reporting by Ritvik Carvalho in London; Editing by Kirsten Donovan, David Holmes and Jonathan Oatis)

Dogecoin jumps on news of launch on Coinbase Pro

Jun 02 2021

NEW YORK Dogecoin, a meme-based cryptocurrency popular among retail investors, surged on Wednesday, benefiting from news that digital asset exchange Coinbase will make the crypto unit available to its users on its trading platform. | Video

Cryptocurrencies show inflows after record outflows in previous two weeks - CoinShares

Jun 02 2021

NEW YORK Cryptocurrencies posted inflows last week after hitting record outflows the previous two, as investors took advantage of price declines in the market, data from digital currency manager CoinShares showed late Tuesday.

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