Tag: CNY
Asia FX Gains as Dollar Nears 2-Month Low on Rate Cut Bets
Jennifer -
Most Asian currencies strengthened on Thursday, tracking weakness in the dollar as soft labor data continued to fuel expectations of rate cuts by the...
Asia FX Weakens as China PMIs Disappoint; Dollar Steady Ahead of PCE Data
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In Friday's trading session, most Asian currencies experienced downward pressure, with the Chinese yuan nearing six-month lows following disappointing business activity indicators. Concurrently, the...
Dollar Rebounds Ahead of PCE Release; Euro Slips Post German Retail Sales
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In early European trading on Friday, the U.S. dollar experienced a slight uptick, rebounding from losses in the previous session as investors awaited key...
U.S. Dollar Gains Traction Amidst Rising Yields; Euro Awaits Inflation Indicators
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In early European trading on Wednesday, the U.S. dollar displayed upward momentum, bolstered by increasing expectations that the Federal Reserve will postpone interest rate...
Asia FX Faces Pressure as Dollar Hits 10-Day High Amid Diminished Rate Cut Expectations
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Most Asian currencies experienced declines on Friday, with traders grappling with hawkish signals regarding inflation and interest rates, leading to a further reduction in...
Asia FX Subdued, Dollar Stable Ahead of Further Fed Guidance; Yen Remains Vulnerable
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Most Asian currencies experienced slight weakness on Monday, while the dollar maintained stability as traders eagerly awaited additional signals regarding interest rates from the...
Dollar Holds Steady, Prepares for Upcoming Inflation Data
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The U.S. dollar exhibited marginal weakness on Monday, settling after recent fluctuations as traders awaited crucial U.S. inflation data for insights into interest rate...
Asia FX Largely Muted as Dollar Stabilizes Ahead of Inflation Data; Yen Remains Fragile
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Most Asian currencies showed little movement on Tuesday, mirroring the stability of the dollar as traders awaited upcoming U.S. inflation reports that are expected...
Asia FX Edges Lower, Dollar Steadies with Inflation on Tap
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Most Asian currencies showed little movement in a flat-to-lower range on Monday, while the dollar stabilized amidst recent fluctuations as investors awaited upcoming U.S....
Asian Currencies Hold Steady as Focus Shifts to US Inflation; Yuan Weakens on Tariff Fears
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Most Asian currencies remained relatively stable on Friday, with the dollar showing signs of stabilization following overnight declines. Attention turned towards key U.S. inflation...
What time is sydney session forex?
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In the world of forex trading, understanding the different trading sessions and their respective timings is crucial for devising effective trading strategies and maximizing...
Asian Currencies Hold Steady Amidst Mixed Market Sentiment
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Asian currencies maintained a subdued stance on Thursday as investors awaited further signals on U.S. interest rates from Federal Reserve officials and awaited upcoming...