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Dollar edges higher ahead of U.S. inflation data; sterling firms – The U.S. dollar edged higher in early European trade Tuesday, while sterling retained strength ahead of this week’s Bank of England policy-setting meeting. At 02:55 ET (06:55 GMT), the Dollar Index , which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 101.183, but remains not far from … Read more

NYAG’s latest proposal targets crypto firms engaging in fraud and more…

NYAG is reportedly proposing a new law for governing crypto firms The bill also has a special clause for stablecoins and seeks to audit the financial reports of firms through independent auditors New York Attorney General (NYAG) Letitia James is reportedly set to bring a wave of reform in regulating crypto entities. The NYAG will … Read more

Asia FX firms, dollar slides on bets of Fed pause — Most Asian currencies strengthened on Thursday, while the dollar extended steep overnight losses as a warning on economic growth and a potential banking crisis spurred growing bets that the Federal Reserve was done hiking interest rates. While the Fed hiked rates by 25 basis points as expected on Wednesday, comments from Chair Jerome … Read more

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