Tag: dollar
BOJ keeps policy on hold as it awaits signs of sustainable inflation
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On June 16, institutions commented that the Bank of Japan is sticking to its stimulus policy while waiting for signs of more sustainable inflation. This...
Yen bears should be wary of Japanese authorities’ move to support the yen
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On June 16, John Vail, chief global strategist at Nikko Asset Management in Tokyo, said anyone shorting the yen against the dollar must be...
What Is Spread Trading? An Overview
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Spread trading is a popular trading strategy that involves buying and selling two related financial instruments at the same time, with the goal of...
Unveiling the Backing of Fiat Currency: A Full Guide
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Fiat currency is a type of currency that is declared legal tender by a government but has no intrinsic or fixed value and is...
Australia’s unemployment rate unexpectedly falls in May, supporting RBA rate hike bets
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On June 15, Australia's employment situation in May exceeded expectations significantly, and the unemployment rate unexpectedly fell, supporting the bet that the Reserve Bank...
Fed rate hike signal may narrow Asian dollar bond spreads
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Andrew Wong, a credit analyst at OCBC Bank in Singapore, said that the slow pace of new dollar bond issuance by Asian companies, coupled...
A Step-by-Step Guide to Selling Mutual Funds Online
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As technology continues to advance, the convenience and accessibility of online platforms have revolutionized the way we manage our investments. Selling mutual funds online...
Unveiling the Foundation: What Backs the American Currency?
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The U.S. dollar, as the world's primary reserve currency, plays a vital role in global trade and finance. While its widespread use is evident,...
The prospect of Fed rate hikes may keep the dollar strong
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On May 29, analysts at UniCredit Bank said in a note that expectations of further rate hikes by the Fed should keep the dollar...
Unpacking the Factors that Weaken a Currency: A Full Guide
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Currency strength plays a crucial role in the global economy, influencing trade, investment, and economic stability. However, currencies can experience periods of weakness, impacting...
Top 3 Countries with the Highest Foreign Exchange Reserves
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Foreign exchange reserves play a crucial role in a country's economic stability and financial security. These reserves, typically held in the form of foreign...
Dollar edges lower as U.S. debt ceiling deal boosts risk appetite
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The dollar edged lower on May 29 after a deal between U.S. President Joe Biden and House Speaker McCarthy to raise the debt ceiling...