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 […]
Dollar weakens; Powell declines to push back on easing expectations By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Wednesday, retreating after a relatively dovish speech from Fed chair Jerome Powell raised hopes the central bank may soon ease monetary policy. At 03:10 ET (08:10 GMT), the , which tracks the greenback against a basket of six other […]
Asia FX weakens, dollar rebounds as nonfarm payrolls loom By Investing.com
© Reuters By Ambar Warrick Investing.com — Most Asian currencies weakened on Friday, while the dollar rebounded in anticipation of more cues on the U.S. economy from nonfarm payrolls data, while markets dialed back bets on an imminent pause in the Federal Reserve’s rate hike cycle. The fell 0.2% even as a private survey showed […]
Asia FX weakens on recession woes, yen supported by yield cap bets By Investing.com
© Reuters. By Ambar Warrick Investing.com– 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 was the best performing Asian currency for […]
Dollar weakens in wake of CPI release; yen climbs ahead of BOJ By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve to ease the pace of its interest rate hikes. At 03:05 ET (08:05 GMT), the , which tracks the greenback against a […]