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  • 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

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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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