Tag: KRW
Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns
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Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...
What is the Strongest Currency in Asia?
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Currency strength is a crucial indicator of economic stability and global influence. In Asia, various currencies play significant roles in regional trade, investment attractiveness,...
Asian FX Stability Prevails as Markets Await CPI and Fed Meeting
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Across Asian markets, currency movements remained subdued on Wednesday, with the dollar holding steady as traders awaited crucial signals on U.S. interest rates from...
Asia FX Gains as Dollar Nears 2-Month Low on Rate Cut Bets
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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...
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...
Asia FX Gains Ground as CPI Data Weakens Dollar, Fuels Rate Cut Speculation
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Most Asian currencies saw gains on Thursday following softer U.S. consumer inflation readings that pushed the dollar to a one-month low, prompting traders to...
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...
Asia FX Weakens as Dollar Strengthens Amid Reassessment of Rate Cut Expectations
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On Wednesday, most Asian currencies experienced depreciation while the dollar gained ground, prompted by remarks from Federal Reserve officials leading to a reassessment of...