Tag: yuan
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...
China Vanke’s First Public Commercial REIT Debut Ends Flat
Jennifer -
China Vanke's inaugural public commercial real estate investment products closed unchanged on their debut on Tuesday, reflecting cautious sentiment towards China's second-largest developer amid...
What happens to your money if the dollar collapses?
Jennifer -
The stability of the United States dollar (USD) is critical to the global economy, serving as the world's primary reserve currency and facilitating international...
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
Jennifer -
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...
What is the next strongest currency?
Jennifer -
In the ever-evolving landscape of the global economy, currencies play a crucial role as the medium of exchange, store of value, and unit of...
Asian Currencies Hold Steady Amid Awaited Rate Cues; Yen Unfazed by Intervention Concerns
Jennifer -
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...
Short Bets on Asian Currencies Rise as Firm Dollar Dents Confidence
Jennifer -
Bearish sentiment toward most Asian currencies has strengthened, according to a recent Reuters poll, reflecting a growing trend since the beginning of the year....
Asian Currencies Stagnant as Dollar Holds Strong Amid Powell’s Rate Comments
Jennifer -
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 Climbs to Five-Month Peak, Exerts Pressure on Yen; Yuan Bolstered by GDP Data
Jennifer -
The US dollar surged to a five-month high against major counterparts on Tuesday, buoyed by stronger-than-anticipated US retail sales figures, prompting concerns of potential...
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...