#Usdollarspot

Pan-African lender Ecobank Transnational Inc. is exploring ways to facilitate direct yuan payments for its clients trading with China as it seeks to boost ties with the continent’s biggest trading partner and reduce reliance on the dollar.

The dollar is heading for its best week in two months after US data showed price pressures that could push the Federal Reserve to raise interest rates over the next year.

Every few trading sessions, the yen jolts higher against the dollar, and then it suddenly drops.

Apollo Global Management Inc.-backed West Technology is engaged in exclusive talks to sell its remaining operating business to a counter-party, according to people familiar with the matter.

Morgan Stanley sees room for the yuan to climb further, but disagrees with more bullish views that the currency is significantly undervalued.

Asian stocks are poised for a weak open after losses on Wall Street, with the dollar strengthening and bonds falling as inflation data showed the impact of energy disruptions linked to the war in Iran.

Peru’s chaotic presidential election is taking a toll on business sentiment as a radical candidate edges closer to a runoff following a prolonged vote count.

Emerging-market currencies and stocks fell on concern the ceasefire between the US and Iran is on the brink of collapse, while a slump in South Korean shares also weighed on sentiment.

The yen strengthened sharply versus the dollar on Tuesday before falling back during a visit by US Treasury Secretary Scott Bessent to Japan.

A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter.

The total amount of Indonesian central bank bills outstanding climbed by the most in almost two years last month as the monetary authority sought to attract capital inflows to support the weakening rupiah.

The Chinese yuan is more than 20% undervalued against the US dollar, according to Goldman Sachs Group Inc., which expects the currency to keep strengthening over the coming year.

The Philippine peso is likely to sink to new lows against the dollar as the country’s outsized vulnerability to high energy costs offsets expected interest rate hikes, analysts said.

US equity futures declined while the dollar rose against most major peers in early trading after President Donald Trump rejected Iran’s response to his latest proposal to end the war, likely prolonging the closure of the Strait of Hormuz.

UK government bonds rallied as Prime Minister Keir Starmer said he would stay as the Labour leader despite the party’s election losses.

Venezuela’s government is stepping up dollar sales and allowing the bolivar to weaken, narrowing the gap with the parallel market and easing pressure on inflation.

Despite global condemnation over Israel’s regional wars, the shekel is at a 32-year high, giving the government something to brag about, but fueling anxiety in the vital tech industry.

Kraft Heinz Foods Co is hitting Europe’s bond market for the first time in over a year to raise euro-currency debt that will help fund a buyback of dollar notes.

Saudi Arabia’s Public Investment Fund is selling a multi-tranche US dollar bond, a sign Gulf issuers are returning to public markets after disruption tied to the Iran conflict.

The Philippine peso is headed for its best gain in a month as optimism over a US-Iran peace deal boosts prospects for further declines in oil prices.