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Asian Currencies Decline as Dollar Hits Over 1-Week High Amid Concerns Over Inflation

On Friday, most Asian currencies experienced a downturn, with the dollar reaching its highest level in over a week, propelled by hotter-than-anticipated U.S. inflation...

Dollar Holds Steady Post Robust CPI; GBP Awaits Data Deluge

On Wednesday, the U.S. dollar maintained its stability, retaining the majority of its overnight gains following robust consumer inflation data. This reinforced expectations of...

Dollar Edges Down Amid Weaker U.S. Services Growth

The dollar slipped against a basket of currencies following data indicating a slowdown in U.S. services industry growth and ahead of a week filled...

Asia FX Sees Limited Movement, Dollar Stabilizes Ahead of Powell Testimony

Most Asian currencies experienced minimal movement on Wednesday, while the dollar steadied after recent losses. Investors were cautious as they awaited key cues on...

Dollar Holds Steady Against Yuan Amid China’s Policy Statements

The dollar maintained its stability against the yuan on Tuesday, reacting to policy statements from China that lacked significant stimulus measures. Meanwhile, Tokyo's inflation...

Asia FX Muted as China’s Economic Goals Underwhelm

Most Asian currencies remained largely unchanged on Tuesday as China's economic objectives for 2024 failed to ignite market activity, while the dollar stabilized ahead...

Dollar Stagnant as Market Awaits Fed Clues; Bitcoin Surges to 2-Year High

On Monday, the U.S. dollar remained relatively stable, influenced by lower Treasury yields, while traders awaited crucial economic data for indications regarding the timing...

Mixed China PMI Dampens Asian FX, Dollar Strengthens Despite Rate Cheer

Asian Currency Weakness Amid China Economic Concerns Most Asian currencies weakened on Friday, while the dollar maintained overnight gains, as signs of ongoing economic weakness...

Dollar Strengthens Ahead of Inflation Data, Bitcoin Achieves Two-Year High

The dollar experienced a surge against the euro and yen as investors positioned themselves for impending U.S. and European inflation data scheduled for Thursday....

Asia FX Market Subdued Ahead of US Inflation Data; Yen Surges on BOJ Remarks

In the Asian foreign exchange market, movements were muted on Thursday with the dollar stabilizing ahead of crucial U.S. inflation figures, while the yen...

Dollar Slips Against Yen After Japan Inflation Beats, U.S. Durable Goods Fall

The dollar eased against the Japanese yen after data revealed that Japan's core consumer inflation exceeded forecasts, while U.S. durable goods orders fell more...

Asia FX Moves in Flat-to-Low Range; Kiwi Slides on Less Hawkish RBNZ

Most Asian currencies traded in a flat-to-low range on Wednesday, with the dollar strengthening as markets awaited more cues on the U.S. economy and...

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