Tag: CNY
Asia FX Weaken Amid Fed Meeting Anticipation; Yen Stalls Post-Suspected Intervention
Jennifer -
Asian currencies faced downward pressure on Tuesday as market participants awaited the outcome of the Federal Reserve's meeting this week, leading to a prevailing...
Asian Currencies Weaken as Markets Await US Inflation Data; Yen Dips Amidst Limited BOJ Support
Jennifer -
Asian currencies saw a weakening trend on Friday, while the dollar stabilized as markets awaited crucial inflation figures that are anticipated to influence the...
Asian FX Stable Amid Rate Uncertainty; Yen Breaches Intervention Level Ahead of BOJ Meeting
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Asian currencies largely maintained stability on Thursday within a narrow range, while the dollar remained steady amid lingering uncertainty surrounding U.S. interest rates ahead...
Asian Currencies Weaken as Iran-Israel Tensions Propel Dollar; Yen Hits 34-Year Lows
Jennifer -
In Monday's trading session, most Asian currencies experienced a decline, notably with the Japanese yen reaching new 34-year lows. This downward trend was driven...
Asia Forex Market Maintains Stability Amid Dollar’s Standstill Amid US Inflation Concerns
Jennifer -
In the midst of anticipation surrounding crucial U.S. inflation data and its potential ramifications on interest rates, most Asian currencies displayed minimal movement on...
Asia FX Remains Stable, Dollar Holds Firm as Expectations for June Rate Cut Fade
Jennifer -
Asian currencies maintained narrow trading ranges on Monday, while the dollar stabilized following a robust nonfarm payrolls report that led traders to significantly reduce...
Asian Currencies Stagnate, Dollar Eases from 4-½ Month Peak Amid Rate Uncertainty
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Most Asian currencies saw little movement on Wednesday, with the dollar retracing slightly from its over four-month high as markets continued to grapple with...
Asia FX Markets Remain Subdued Amidst Awaited Inflation and Fed Updates; Yuan’s Fragility Draws Attention
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Across Asian markets, currencies showed little movement on Tuesday, lacking enthusiasm from a softer dollar, as traders exercised caution awaiting further cues regarding U.S....
Asian Currencies Decline as Dollar Hits Three-Week High Following SNB Rate Cut
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On Friday, most Asian currencies experienced sharp declines, succumbing to pressure from a resurgent dollar after an unexpected interest rate cut by the Swiss...
Asia FX Weakens Ahead of Fed Meeting; USDJPY Rises After BOJ Rate Hike
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In Asian trading on Tuesday, most Asian currencies experienced declines as traders maintained caution ahead of a Federal Reserve meeting scheduled for later in...
Asian Currencies Show Minimal Movement, Dollar Holds Firm Ahead of Central Bank Meetings
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On Monday, most Asian currencies maintained narrow trading ranges, while the dollar stabilized near its two-week highs, as market attention shifted towards a series...
Dollar Strengthens Ahead of PPI Release; Euro Awaits ECB Clues
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In European trading, the U.S. dollar saw a modest uptick, maintaining its recent robustness as investors awaited further indications on U.S. interest rate movements...