Asia FX firms as dollar extends losses before nonfarm payrolls By Investing.com

© Reuters. Investing.com– Most Asian currencies advanced on Friday, while the dollar eased further as traders bet that the Federal Reserve was done with its interest rate hikes, although anticipation of key nonfarm payrolls data kept gains in check.  Regional trading volumes were also somewhat muted on account of a Japanese market holiday. Rate-sensitive, risk-heavy

Asia FX firms, dollar sinks on bets of no more Fed rate hikes By Investing.com

© Reuters Investing.com– Most Asian currencies strengthened on Thursday, while the dollar fell sharply after mixed signals from the Federal Reserve ramped up bets that the central bank will not raise interest rates further.  The was among the best performers for the day, surging 0.7% and blazing past weaker-than-expected .  Markets were growing increasingly confident

US says some crypto firms not doing enough to stop illicit finance By Reuters

© Reuters. FILE PHOTO: U.S. Deputy Treasury Secretary Wally Adeyemo speaks at the Royal United Services Institute in London, Britain, October 27, 2023. REUTERS/Hannah McKay/File Photo By Elizabeth Howcroft and Andrew MacAskill LONDON (Reuters) -The United States on Friday said some firms in the digital asset space were not doing enough to stop the flow

Asia FX nurses steep losses as dollar firms before Powell speech By Investing.com

© Reuters. Investing.com– Most Asian currencies were muted on Thursday, nursing steep overnight losses as the dollar firmed tracking a spike in Treasury yields before a closely-watched address by Federal Reserve Chair Jerome Powell. Sentiment remained frail amid little signs of deescalation in the Israel-Hamas war, which kept traders wary of risk-driven assets. This was

Gold Price Hangs Tough as Treasury Yields Surge and US Dollar Firms. Higher XAU/USD?

Gold, XAU/USD, US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index – Talking Points The gold price appears comfortable above US$ going into Wednesday’s trading session Treasury yields are after making new highs again but gold appears unfazed by it The US Dollar has been choppy despite global uncertainty. Will XAU/USD remain bid? Recommended by

South Korea to allow foreign financial firms to trade won onshore By Reuters

© Reuters. FILE PHOTO: Currency dealers work in front of electronic boards showing the Korean Composite Stock Price Index (KOSPI) and the exchange rate between the U.S. dollar and South Korean won at a dealing room of a bank, in Seoul, South Korea, March 16, 2023. SEOUL (Reuters) – South Korea said on Tuesday it