Dollar Rally Gains Momentum, Hitting Two-Year High
6 hours ago · Good morning. The US dollar is on a scorching run, sending other currencies lower in its wake. Some 70 million Netflix users are watching ads...by choice. And China and Thailand are adding two ...
Dollar Gains Before US CPI as Rate Bets Are Pared: Markets Wrap
5 hours ago · The dollar climbed for a fourth day and Asian stocks fell ahead of key inflation data that may further sap confidence in the pace of Federal Reserve interest-rate cuts.. Stock benchmarks in Tokyo ...
Asia Starts Tentative Defence Against Dollar Election Strength
Nov 6, 2024 · Dollar Surge on Trump Win Pushes Asia Into Currency Defense. Indonesia’s central bank is ready to intervene in FX, bonds; Chinese state-owned banks are selling dollars onshore
$8.5 trillion foreign exchange pile is Asia’s shield from resurgent …
Nov 1, 2024 · MUMBAI - A US$6.4 trillion (S$8.5 trillion) foreign-exchange reserve pile in Asia is giving investors confidence that central banks have the ammunition to fight the US dollar’s strength...
Morning Bid: China 'bazooka' fizzles, dollar on the march
Oct 29, 2024 · Markets in Asia appear to lack clear direction at the open on Wednesday, with investors still digesting the news of a potential 10 trillion yuan fiscal boost from China, while weighing the...
Asian emerging market currencies come under pressure from strong dollar
Apr 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,...
US, Japan and South Korea seek to limit dollar’s rise - Financial Times
Apr 18, 2024 · Asian currencies suffered a sharp sell-off on Tuesday, with the yen falling to ¥154 a dollar, its weakest level since 1990. Markets have been on high alert for the possibility of direct...
Rupee falls to record low on buoyant dollar, persistent outflows
17 hours ago · The rupee hit a low of 84.4125 before ending at 84.3925, unchanged from its closing level in the previous session. The currency has fallen to record lows for five straight sessions. Donald Trump's ...
Indian cenbank likely selling dollars to support rupee amid Asian ...
1 day ago · The rupee weakened to a low of 84.40 per dollar in early trading, eclipsing its previous record low of 84.3925 hit in the previous session. The currency was last flat at 84.3925.
Dollar Surge on Trump Win Pushes Asia Into Currency Defense
Nov 6, 2024 · Bloomberg’s dollar gauge advanced 1.3% Wednesday after the election, hammering currencies across Asia — as well as others such as the Mexican peso — as traders bet that a return of former ...