Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
The latest crisis in the uneasy French-German relationship was accelerated by Trump's decision to stop Germany's comfortable and decades-old free-riding on trade and security...Europe Politicsread more
While some fans of the long-running "Game of Thrones" felt satisfied by the show's final bow, others were quick to express their displeasure with how events unfolded.Entertainmentread more
Stocks in Asia were mostly higher on Monday amid rising tensions between the U.S. and China.Asia Marketsread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Russian Energy Minister Alexander Novak said there were different options available for OPEC and its oil-producing allies in the second half of 2019, including a possible...Oilread more
The Australian Electoral Commission (AEC) on Monday said Morrison's coalition has won 76 seats in Australia's parliament, which is comprised of 151 elected lawmakers.Electionsread more
U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any...World Politicsread more
SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
The dollar was broadly weaker on Wednesday as risk appetite returned to markets, boosting higher-risk currencies, while sterling and the euro rose on the last day of campaigning before Britain's referendum on European Union membership.
The sterling hit its highest levels of the year after polls showed that 51 percent back remaining in the EU. The pound sterling was last at $1.4798, up 0.96 percent on the day.
A swing in bookmaker odds towards Britain choosing to remain in the EU, following the murder of a British lawmaker last week, helped boost currencies like the Australian and New Zealand dollars, considered riskier investments because of their ties to commodity prices.
The shift also helped sterling to recover 5 percent from lows around $1.40 last week.
"Part of it is gradually more and more the risk from Brexit being removed, something that started last week when we saw the polls changing around," said Charles St-Arnaud, senior strategist and economist at Nomura Securities International in London.
That bolstered the Australian and New Zealand dollar, St-Arnaud said, with the kiwi rising to its highest since June 11, 2015, and the Aussie touching its highest since May 3.
"Being the highest-paying currencies in the developed world, they're gaining quite a bit," St-Arnaud said.
The Australian dollar was last flat against its U.S. counterpart at $0.7520. The New Zealand dollar fell 0.13 percent to $0.7133. Both Australia and New Zealand currently boast higher interest rates than the United States, making them attractive to investors.
Analysts also pointed to the low volume in markets, saying most investors preferred to stay on the sidelines ahead of Thursday's referendum.
Renewed risk appetite on reduced 'Brexit' fears also helped currencies across Europe as the dollar fell against the Swiss franc, touching its lowest since May 4, and the Danish , Swedish and Norweigian crowns.
While the so-called Brexit vote continues to dominate sentiment, testimony by U.S. Federal Reserve Chair Janet Yellen on Tuesday and Wednesday was seen by some as playing down the chances of a hike in U.S. interest rates this summer.
U.S. interest rate markets price in only a 9.5 percent chance of an increase in official borrowing costs next month and just a 26 percent chance of a hike in September, according to CME Group's Fedwatch tool.
Correction: An earlier version of this story was updated to reflect that the FXCM increases will take effect on Wednesday.