Bullish bets steady on Asian currencies as Fed easing bets soften dollar
WEB2 days ago · Analysts remained bullish on most Asian currencies despite marginally dialling back some bets, a Reuters poll showed on Thursday, as a defensive U.S. dollar driven by a dovish Federal Reserve ...
Dollar cedes ground, Asia stocks mixed as Fed looms large
WEB3 days ago · TOKYO : The dollar ceded some of its overnight gains on Wednesday while Asian stocks put in a mixed display as traders weighed the odds of a super-sized Federal Reserve interest rate cut later in...
Wall Street dips after rate cut rally, dollar firms - Yahoo Finance
WEB1 day ago · U.S. WTI crude futures settled down 0.4%, to $71.92. [O/R] NEW YORK (Reuters) -Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500 ...
US dollar hits more than one-year low as market eyes aggressive …
WEB5 days ago · The dollar traded as low as 139.58 yen in Asia hours. That represented a further drop from the 140.285 end-of-December low struck on Friday to levels last seen in July 2023. It was last down 0.10 ...
Tech stocks drag, dollar plumbs lows on rate cut expectations
WEB5 days ago · Futures imply 59% chance of outsized Fed rate cut. NEW YORK, Sept 16 (Reuters) - Tech stocks dragged on U.S. indexes and the dollar touched a more than one-year low against the yen on Monday as ...
The Key Levels to Watch as Asia’s Top Currencies Battle Dollar
WEBAug 20, 2024 · Bloomberg’s Asia dollar index is close to a one-year high, while a gauge of the greenback has fallen to the lowest since March. That’s because Fed rate cuts would narrow the interest-rate gap...
Asia Makes a Stand as Dollar Threatens to Upend Currency Markets
WEBApr 18, 2024 · Asian officials went on the offense against the resurgent dollar, with some choosing to stand together but all united in their desire for currency stability.
Dollar Rally Raises Alarm as Japan, China Step Up Defenses
WEBSep 6, 2023 · Authorities in China and Japan are stepping up efforts to defend their currencies against a surging dollar that threatens to fan inflationary pressures.
Asia’s central bankers struggle to contain strong US dollar
WEBApr 20, 2024 · Asia’s central bankers are bracing for more turbulence from a stronger US dollar as the receding prospect of US interest rate cuts this year sends shockwaves through the yen, renminbi and other...
Asian emerging market currencies come under pressure from strong dollar
WEBApr 16, 2024 · The South Korean won hit a 17-month low on Tuesday, breaching a major psychological threshold of 1,400 per dollar. It suffered the biggest drop among major currencies in the world this month,...
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