Asia FX rises as dollar, yields cool on weak PMI data By Investing.com

© Reuters. Investing.com– Most Asian currencies rose on Thursday, taking some relief from weakness in the dollar and Treasury yields as focus remained largely on more cues on U.S. monetary policy from the Jackson Hole Symposium.  Weak purchasing managers’ index data saw the dollar fall from an over two-month peak in overnight trade, while Treasury

Asia FX ticks higher, dollar steadies with Jackson Hole in focus By Investing.com

© Reuters. Investing.com — Most Asian currencies rose slightly on Wednesday tracking some signs of economic resilience in the region, while the dollar steadied near two-month highs ahead of more cues on monetary policy from the Jackson Hole Symposium this week.  The and rose 0.1% and 0.3%, respectively, after (PMI) readings showed some resilience in

Dollar near two-month highs after Fed minutes; yen remains weak By Investing.com

© Reuters Investing.com – The U.S. dollar edged lower in early European trade Thursday but remains trading near two-month highs after the minutes from the last Federal Reserve meeting offered a hawkish slant. At 03:00 ET (07:00 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at

Asia FX gains as dollar dips from 2-mth high, Fed fears persist By Investing.com

© Reuters. Investing.com — Most Asian currencies rose slightly on Friday, recovering a measure of steep losses this week as the dollar retreated from two-month highs, although concerns over rising U.S. interest rates remained in play. Regional markets were also cheered by the prospect of more stimulus measures in China, after the People’s Bank (PBOC)

Asia FX weakens on U.S. rate hike fears, China gloom By Investing.com

© Reuters. Investing.com — Most Asian currencies fell on Wednesday as strong U.S. economic readings raised concerns over the Federal Reserve having enough room to keep raising interest rates, while weak economic trends in China also dented sentiment.  Data on Tuesday showed that U.S. grew more than expected in July, presenting more upside risks to

Argentina peso faces tough road ahead as bearish bets ramp up By Investing.com

© © Reuters. Javier Milei em Buenos Aires 13/8/2023 REUTERS/Stringer Investing.com – The faces a tough road ahead, ING warned Tuesday, as the recent shock primary election victory for Argentina’s far-right presidential candidate Javier Milei throws the country’s political and economic future into doubt.  Far-right libertarian economist Javier Milei, who wants to scrap wants to