Market News Today — AI-Curated Stock & Crypto Headlines

Bitcoin rose above $77,500 and all major crypto assets were green on the day, while global investors hold the lowest level of currency hedges on U.S.

Arthur Hayes suggests a decline in the EUR/JPY exchange rate may indicate future U.S.

In June, India leveraged financial contributions from its overseas Indian diaspora (35 million people) to stabilize the rupee amid a sharp decline.

India received a record $127 billion in remittances from its diaspora in a single year, exceeding expectations and providing the central bank with additional foreign exchange reserves to support the Indian rupee.

BBVA SA suggests the Chinese yuan could gain traction as a funding currency for carry trades if the Bank of Japan proceeds with additional interest-rate hikes, as widely anticipated.

The Philippines is reconsidering a planned five-year jumbo bond sale due to a weakening peso and rising interest rates, which increase borrowing costs.

Nigeria's naira (NGN) is on track for its strongest annual appreciation since 2018, driven by increased dollar inflows from higher oil prices and remittances, which are mitigating typical election-season political risks.

The article reports that former U.S.

The Japanese yen strengthened to below ¥157 per dollar after a sudden overnight appreciation, driven by market expectations of potential interest rate hikes by Japan.

India’s central bank (RBI) accumulated $136 billion through capital-raising measures, strengthening its reserves to defend the rupee’s value.

Colombian fintech Plenti raised $3 million in a funding round led by Tether, positioning the company for expansion in Latin America.

South Korea's foreign-exchange reserves increased by a record $14.33 billion in August, driven by a surge in commercial banks' foreign-currency deposits at the central bank.