Dollar surges as Trump and Biden go neck-and-neck in a tight presidential race

Investors had prepared for a tight race for the White House, which boosted riskier...

Investors flee risk, dumping stocks and buying bonds, as France nears national lockdown

European banking and oil stocks get hit the hardest, as cases surge in the region's two...

Sell the dollar, buy rand and other currencies, says Goldman Sachs

Goldman Sachs said a blue wave US election and favourable news on the vaccine timeline...

Europe must prepare to launch a digital euro 'if and when' necessary to complement cash payments, ECB says

A digital euro would help in scenarios where people stop using cash significantly, or if...

Hedge funds are reportedly shorting the dollar as fears rise over its status as the number 1 currency

The bet was driven by bullish bets on the euro Bloomberg reported. The euro has risen 6%...

Central banks have been big buyers of gold for over 10 years. Here is why they do it.

India, China and Turkey all beefed up their purchases of gold in the 12 months to June,...

The US is reportedly threatening to remove the dollar's peg to the Hong Kong dollar

Bloomberg reported this week that the possibility to limit Hong Kong's bank buying US...

The rand is rallying amid coronavirus vaccine hopes

The rand rallied to below R17/$ for the first time in weeks - after almost hitting R19.30...