© Reuters. Investing.com– Most Asian currencies fell on Monday, while the dollar steadied near six-month highs as markets hunkered down before several key central bank rate decisions this week, most notably the Federal Reserve. Lingering concerns over China, particularly the country’s struggling property market, also kept broader sentiment subdued. Chinese police detained some employees of
Japanese markets are closed for a holiday today. This will sap some liquidity for FX markets and also shut cash US Treasury trade. Apart from that, it’s a thin calendar also, will little here to move around major forex rates: This snapshot from the ForexLive economic data calendar, access it here. The times in the
© Reuters. Investing.com– Most Asian currencies rose on Friday as more stimulus measures and positive economic readings from China helped boost risk appetite, while the dollar traded near six-month highs. China announced another cut to its reserve requirements for local banks, unlocking more liquidity to support a slowing economic recovery. and data also read higher
© Reuters. Investing.com– Most Asian currencies kept to a tight range on Thursday, while the dollar edged lower as markets weighed stronger-than-expected inflation data against expectations that the Federal Reserve will keep rates unchanged next week. Data on Wednesday showed that U.S. grew slightly more than expected in August, amid rising fuel costs and steady
The Australian labour market has been strong despite the most recent numbers, for July, indicating a decline in jobs. A bounce nack is expected in the August figures coming up today. If this expected rebound doesn’t happen it’ll be taken as a poor sign indeed for the jobs outlook. This snapshot from the ForexLive economic
Investing.com– Most Asian currencies moved little on Wednesday, while the dollar steadied below six-month highs as investors hunkered down before key U.S. inflation data that is expected to offer more cues on monetary policy. Most regional units were nursing steep overnight losses as markets remained largely risk-averse, while the dollar saw renewed strength in anticipation
© Reuters Investing.com– Most Asian currencies moved little on Tuesday, while the dollar steadied close to a six-month peak as investors hunkered down before data showing a potential rise in U.S. inflation. Markets were also holding out for more economic cues from China, as recent data showed some improvement in and through August. But the
© Reuters. Investing.com– Most Asian currencies rose on Monday, recovering a measure of recent losses as the dollar fell sharply from a near six-month peak, while the Japanese yen surged as Bank of Japan head Kazuo Ueda flagged a potential pivot away from negative interest rates. Positive inflation data from China also aided broader sentiment,
© Reuters. Investing.com– Most Asian currencies moved little on Friday as weak data from Japan ramped up concerns over slowing global economic growth, while the Chinese yuan slid to an over 15-year low against the dollar on renewed concerns over Sino-U.S. relations. The fell 0.2% to 7.3443, its weakest level against the dollar since February
© Reuters Investing.com– Most Asian currencies moved in a tight range on Thursday, while the dollar steadied near six-month highs as signs of sticky U.S. inflation spurred continued concerns over a hawkish Federal Reserve. Weak economic data from China also dented sentiment towards Asian markets, with both and in the country continuing to decline through
