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  • Asia stocks, oil struggle as Omicron worries weigh

    Asia stocks, oil struggle as Omicron worries weigh0

    Asian stock markets were generally weaker  in holiday-thinned trading on Monday, as uncertainty over the economic impact of the Omicron coronavirus variant weighed on investor sentiment. U.S. airlines have cancelled or delayed thousands of flights over the past three days due to COVID-19-related staff shortages, while several cruise ships had to cancel stops after outbreaks

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  • Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets

    Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets0

    Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The yen was the best-performing Asian currency for the day, rising 0.5% to

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  • Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips

    Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips0

    Most Asian currencies fell on Wednesday as the dollar steadied from a sharp tumble against the yen, while the Japanese currency retreated slightly from a four-month high as markets digested a surprise policy shift by the Bank of Japan. The yen fell 0.3% to 132.06 against the dollar, after rallying over 3% in the prior

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  • Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low

    Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low0

    Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although dovish signals from the Federal Reserve pushed the dollar to a three-month low. Regional currencies were also set for strong gains this week as the Federal Reserve flagged smaller interest rate

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  • Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher

    Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher0

    Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an interest rate hike and a potentially hawkish message from the central bank. The dollar firmed slightly against a basket of currencies, with the dollar index and dollar index futures advancing about

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  • Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes

    Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes0

    Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, with markets now awaiting fresh cues on U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. Regional currencies came under pressure on Tuesday as sentiment was dented by a warning from the

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