728 x 90

Blog 1 Column Left Sidebar

  • Home
  •  
  • Blog 1 Column Left Sidebar

Latest Posts

Top Authors

  • Asia FX Sees Little Relief as Dollar Rally Pauses; ECB in Focus

    Asia FX Sees Little Relief as Dollar Rally Pauses; ECB in Focus0

    Most Asian currencies moved in a flat-to-low range on Thursday as the dollar came off 20-year highs, with focus turning to an upcoming European Central Bank meeting for more cues on global monetary policy tightening. for more cues on global monetary policy tightening. for more cues on global monetary policy tightening. China’s yuan and the

    READ MORE
  • ASIA FX RISES ON WEAKENING DOLLAR, YUAN DIPS AS ZERO COVID PERSISTS

    ASIA FX RISES ON WEAKENING DOLLAR, YUAN DIPS AS ZERO COVID PERSISTS0

    Asian currencies rose slightly on Monday, recovering some lost ground from last week as the dollar retreated, although China’s commitment to maintaining its strict zero-COVID policy dented the yuan The Chinese currency fell 0.1%, coming close to breaching the 7.2 level against the dollar after President Xi Jinping said the country has no plans to

    READ MORE
  • Asia FX Rises in Holiday Trade as China Recovery Bets Grow

    Asia FX Rises in Holiday Trade as China Recovery Bets Grow0

    Most Asian currencies strengthened in thin trade on Monday, while the dollar weakened further amid growing bets that the Chinese economy will bounce back this year, with focus also turning to key U.S. data due this week. Regional trading volumes were limited with most markets closed for the Lunar New Year. But markets are betting

    READ MORE
  • Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot

    Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot0

    Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve hiked interest rates, with markets betting that a U.S. economic slowdown will force the bank into reversing its hawkish stance this year. The Chinese yuan rose 0.4% and came close to a seven-month high against

    READ MORE
  • Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High

    Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High0

    Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international borders, while hopes of a less hawkish rhetoric from the Federal Reserve also weighed on the dollar and supported regional units. The yuan jumped 0.7% to 6.7912 against the dollar, its strongest level since

    READ MORE
  • Asia FX Rallies on China Reopening Fervor, Dollar Hits 5-Month Low

    Asia FX Rallies on China Reopening Fervor, Dollar Hits 5-Month Low0

    Most Asian currencies rose sharply on Monday as more Chinese cities relaxed some anti-COVID measures, while improving risk appetite and expectations of smaller rate hikes saw the dollar sink to an over five-month low. The yuan was the best performer for the day, rising 0.9% to 6.9628- its strongest level against the dollar since mid-September.

    READ MORE

Recent Posts

Meta

Top
© Copyright All rights reserved by assam-ind.in