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Sterling ticks higher against dollar as focus stays on rate outlook - Stock market news - Vimarsana News

Sterling ticks higher against dollar as focus stays on rate outlook - Stock market news

LONDON - Sterling ticked higher against the dollar on Monday, with market moves largely driven by news of a surprise announcement from OPEC+ of more production cuts which sent the price of oil and the dollar sharply higher earlier in the session. | 07:00am

Sterling eases against dollar but heads for monthly gain - Stock market news - Vimarsana News

Sterling eases against dollar but heads for monthly gain - Stock market news

LONDON - Sterling eased versus the dollar on Friday as a murky economic outlook overshadowed data showing Britain's economy avoided a recession in the final months of 2022. | 07:09am

Swiss franc grapples with safe-haven identity crisis after Credit Suisse - Vimarsana News

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

The Swiss franc hasn't lived up to its safe-haven reputation during the Credit Suisse collapse, as investors have sought shelter elsewhere, bringing more of a boost to the value of the gold in Switzerland's bullion vaults than to its currency.

Investors pile into cash but 'no equity capitulation' - BofA - Vimarsana News

Investors pile into cash but 'no equity capitulation' - BofA

LONDON — Investors snapped up cash at the highest weekly rate since April 2020 in the week to March 15, according to BofA Global Research on Friday, against a…

Credit Suisse to borrow up to $54 billion as it seeks to calm investor fears - Stock market news - Vimarsana News

Credit Suisse to borrow up to $54 billion as it seeks to calm investor fears - Stock market news

(Reuters) - Credit Suisse on Thursday said it was taking "decisive action" to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit crisis. | 09:18pm