© Reuters. Investing.com — Most Asian currencies fell on Wednesday after Fitch cut the U.S. government’s sovereign rating, although the dollar was little changed, retaining most of its recent gains on strong economic data. Fitch trimmed the U.S.’ rating to AA+ from AAA, citing concerns over stretched fiscal spending in the coming years, as well
© Reuters. Investing.com — Most Asian currencies fell on Monday, with the Japanese yen coming under pressure from an unscheduled bond buying operation by the Bank of Japan, while the Chinese yuan was hit by weak business activity data. A recovery in the dollar pressured most regional currencies, as the greenback rose from steep losses
© Reuters. Investing.com — The Japanese yen rose in volatile trade on Friday after the Bank of Japan said it will adopt a looser approach to its yield curve control policy, while broader Asian currencies recovered from some recent losses against a strong dollar. The recovered from initial losses to trade 0.5% higher to the
© Reuters. Investing.com — Most Asian currencies rose on Thursday, benefiting from weakness in the dollar after the Federal Reserve hiked interest rates as expected, but also downplayed expectations for a U.S. recession this year. The central bank flagged improvements in U.S. inflation, and also said that future rate hikes will be dependent on economic
© Reuters. Investing.com– Most Asian currencies retreated on Wednesday, while the dollar steadied as investors hunkered down before a widely expected interest rate hike from the Federal Reserve. The was the worst performer among its peers, falling sharply after softer-than-expected consumer price index (CPI) inflation data ramped up bets that the Reserve Bank of Australia
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