Tag: yuan
Asian Stocks Slide on Disappointing China NPC and Hawkish Fed Comments
Jennifer -
Most Asian stocks faced declines on Tuesday, led by sharp losses in Hong Kong, as the commencement of China's week-long National People's Congress (NPC)...
Asia FX Remains Muted; Dollar Stabilizes Ahead of Key Events
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In Asian markets on Monday, most currencies in the region maintained a narrow range, while the U.S. dollar stabilized after facing losses in the...
Mixed China PMI Dampens Asian FX, Dollar Strengthens Despite Rate Cheer
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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...
Asia FX Market Subdued Ahead of US Inflation Data; Yen Surges on BOJ Remarks
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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
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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
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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...
How many banks use crypto?
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In the ever-evolving landscape of finance and technology, cryptocurrencies, often referred to as crypto, have emerged as a disruptive force challenging traditional banking systems....
What is the richest currency in Asia?
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Asia is home to some of the world's most vibrant economies and thriving financial markets. With diverse cultures, histories, and economic landscapes, the continent...
Asian Currencies Edge Higher as Dollar Eases; Yen Buoyed by Steady Inflation
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Most Asian currencies experienced modest gains on Tuesday, finding relief in the mild decline of the dollar ahead of a crucial inflation reading that...
Asia FX Weakens, Dollar Steady on Hawkish Fed Comments and Strong Labor Data
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Most Asian currencies faced declines on Friday, while the dollar stabilized after recent losses, following hawkish signals from the Federal Reserve and robust U.S....
Dollar Edges Up as Investors Assess Rates Outlook
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The U.S. dollar saw a marginal increase, extending its upward trend for the fifth consecutive week, propelled by robust inflation data. However, the yen...
Asian Currencies Dip, Dollar Holds Strong Amid Limited Support from China Rate Cut
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Asian currencies experienced a slight decline on Tuesday amidst persistent concerns regarding a decelerating Chinese economic recovery and the likelihood of sustained high U.S....