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reuters.com

Mexican peso hits 7-1/2 year high vs dollar, further gains eyed (www.reuters.com)

MEXICO CITY, July 28 (Reuters) - Mexico’s peso on Friday hit its highest level against the dollar since early December 2015, as the greenback lost steam after a slowdown in U.S. inflation bolstered the case for the Federal Reserve to end its interest rate hikes....

Iran, US on verge of prisoner swap under Qatar-mediated deal (www.reuters.com)

When $6 billion of unfrozen Iranian funds are wired to banks in Qatar as early as next week, it will trigger a carefully choreographed sequence that will see as many as five detained U.S. dual nationals leave Iran and a similar number of Iranian prisoners held in the U.S. fly home, according to eight Iranian and other sources...

China's sliding yuan could be next 'black swan event' for markets, hedge fund EDL says (www.reuters.com)

EDL Capital, which manages about $1 billion, said factors weighing on the yuan include geopolitical tensions driving Western countries to re-home supply chains that will starve China of foreign investment. China’s labour market has also grown less competitive versus other Asian countries such as Vietnam and India, while a...

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