Sage Investment Club

Asia FX weakens on hawkish Fed comments, inflation readings awaited By Investing.com

© Reuters. By Ambar Warrick  Investing.com– Most Asian currencies fell on Thursday, while the dollar steadied on hawkish comments from a slew of Federal Reserve officials, with focus now turning to upcoming inflation readings from China and the U.S. for more cues on the global economy. Risk-heavy Southeast Asian currencies were the biggest decliners for the […]

Asia FX slips while dollar steadies ahead of CPI readings By Investing.com

© Reuters. By Ambar Warrick Investing.com — Asian currency markets edged lower on Wednesday as traders stepped back from risk-driven assets ahead of economic cues from key inflation readings this week, while the dollar steadied from recent losses. After logging a strong start to the week on optimism over a Chinese reopening, regional units crept […]