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Asia FX inches Higher Ahead of Powell speech, China optimism Fades0
- Economy
- November 30, 2022
Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell, although weak economic data from China and uncertainty over the country’s COVID policy weighed on sentiment. Still, most regional units were set to end November substantially higher on a weaker dollar and expectations
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Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips0
- Market, Stock Market
- November 2, 2022
Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the trend, rising 0.7% on expectations that the government will intervene further
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Asia FX Heads For Weekly Bounce, Dollar at 7-Mth Low on Easing Inflation0
- Economy
- January 13, 2023
Most Asian currencies crept higher on Friday and were headed for steep weekly gains on the prospect of an eventual shift in the Federal Reserve’s hawkish stance, which also pushed the dollar to a seven-month low. The Japanese yen rose 0.1% to an over seven-month high against the dollar of 129.14, and was among the
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Asia FX Edges Higher, Korean Won Surges Even As BOK Holds0
- Uncategorized
- February 23, 2023
Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even as the Bank of Korea held interest rates after 18 months of hikes. The South Korean won rose 0.6% and was the best-performing Asian currency for the day, even as
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Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap0
- Uncategorized
- January 20, 2023
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Reserve officials, as well as growing concerns over a potential recession this year. China-exposed currencies were the worst performers this week, even as data released earlier showed that the country’s economy was beginning to pick
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Asia FX Dips After Chinese Imports Disappoint, Dollar Rises0
- Uncategorized
- May 9, 2023
Most Asian currencies retreated on Tuesday tracking softer-than-expected Chinese import data, while the dollar firmed ahead of more cues on the U.S. economy from key inflation data due this week. China’s yuan fell 0.1% as data showed China’s imports fell more than expected in April, indicating that local demand in the country remained dim despite
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Highlights: New York Fashion Week 2015
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