Author: Daniel snow
Euro gains safe-haven status amid global uncertainty Source link
Dollar steady amid mixed signals on US-Iran talks Source link
FX options expiries set to influence currency pairs Tuesday Source link
British pound set to benefit from tech investment shift, says Bank of America Source link
Sterling shrugs off UK fiscal worries as investment inflows rise: BofA Source link
US may offer Turkey dollar swap line before election, says Jefferies Source link
The AI revolution is 50 times bigger than the dotcom revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday.”I think this is like more than 10x, probably 50x bigger than dotcom,” Son told CNBC’s Arjun Kharpal in Paris, a day after the company announced that it’s investing 75 billion euros ($87 billion) to build AI infrastructure in France, including 5 GW of AI data center capacity. The SoftBank chief said the dotcom crash experienced a painful burst, which proved to be just a small bump in a much bigger long-term growth story.”This is the biggest revolution of technology…
Asia FX, dollar subdued amid Iran ceasefire uncertainty; China mixed PMI in focus Source link
Rising stablecoin use could cement dollar dominance, ECB’s Schnabel says Source link
What lies ahead for the Indian rupee in a higher oil price environment? Source link