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Asian Currencies Weaken as Markets Await US Inflation Data; Yen Dips Amidst Limited BOJ Support

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

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...

Currency Market Update: Dollar Hit by PMI Data, Aussie Soars on Inflation Surprise

On Wednesday, the dollar found itself reeling from significant losses against the euro and sterling, while the yen remained entrenched near 34-year lows despite...

Asian Currencies Hold Steady Amid Awaited Rate Cues; Yen Unfazed by Intervention Concerns

Asian currencies exhibited minimal movement on Tuesday despite a slight weakening of the dollar, as traders awaited further cues on the U.S. economy and...

US Dollar Strengthens on Strong Data and Fed Comments

The dollar climbed, buoyed by a mixed bag of U.S. economic data that reinforced confidence in the country's robust economic performance. New York Fed...

Asia FX Weaken as Dollar and Yen Gain Ground Amid Iran-Israel Tensions

Most Asian currencies experienced weakness on Friday, while the dollar and the Japanese yen found support from safe-haven demand following reports of retaliatory strikes...

Dollar Rally Pauses as Yen Finds Support on G7 Assurance

The dollar experienced a slight retreat on Thursday as investors reevaluated the U.S. interest rate outlook following remarks from Federal Reserve officials, indicating that...

Asian Currencies Stagnant as Dollar Holds Strong Amid Powell’s Rate Comments

Asian currencies remained largely subdued on Wednesday, maintaining narrow trading ranges, while the dollar steadied near five-month highs following robust U.S. economic data and...

Dollar Retreats but Remains Near 5-1/2 Month High Amid Fed and Middle East Concerns

The dollar experienced a slight retreat on Wednesday but remained close to its 5-1/2 month high, exerting pressure on the yen, which hovered near...

Market Stability Amidst Fed Disappointment

Global markets exhibited stability on Wednesday, albeit with a cautious undertone, following indications that U.S. interest rates might remain elevated for a prolonged period....

Dollar Rally Intensifies Amid Diverging US Rate Outlook

The surge in the U.S. dollar is gaining momentum, fueled by persistent inflation concerns casting doubt on the Federal Reserve's ability to aggressively cut...

Asian Currencies Weaken as Iran-Israel Tensions Propel Dollar; Yen Hits 34-Year Lows

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...

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