Tag forex-news

Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking forex news as well as relevant financial developments.

BofA opens lengthy USD/KRW commerce amid tensions

Financial institution of America (BofA) launched a report expressing considerations over the sustainability of the Korean Received’s current efficiency, predicting that the forex is prone to face challenges within the coming months attributable to potential international commerce tensions and Korea’s…

PBoC adjusts coverage amid rising USD demand

The Individuals’s Financial institution of China (PBoC) responded to rising demand for the US greenback by adjusting its cross-border macroprudential parameter. The central financial institution’s choice to boost the parameter from 1.50 to 1.75 permits home companies and monetary establishments…