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Asia FX beneath stress from new US export curbs on China; yuan hits 1-yr low
Asia FX beneath stress from new US export curbs on China; yuan hits 1-yr low
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.
USD energy doesn’t essentially make greenback a purchase, UBS says
Investing.com — The US greenback has surged to two-year highs following the current US presidential election, reversing from its prior lows simply two months in the past. Whereas the present energy of the dollar seems sturdy and market circumstances stay…
USD investor flows turned destructive final week, BofA says
Investing.com — Investor flows for the US greenback turned destructive final week, reflecting shifts in market sentiment and positioning, in line with Financial institution of America. Regardless of assist from company demand, the USD skilled Actual Cash-led provide pressures, which outpaced…
South Korean received, ETFs tumble after govt declares martial legislation
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The South Korean received dropped to a greater than two-year low in opposition to the U.S. greenback on Tuesday, whereas alternate traded funds linked to South Korean shares fell after President Yoon Suk Yeol…
StanChart predicts greenback power after early 2025 weak spot
Customary Chartered (OTC:SCBFF) launched a report forecasting the efficiency of the US greenback (USD) within the close to future. In keeping with their evaluation, whereas a interval of weak spot is anticipated early in 2025 resulting from Federal Reserve price…
Asia FX muted as China stimulus underwhelms, greenback regular with CPI in focus
Investing.com– Most Asian currencies moved in a small vary on Monday (NASDAQ:MNDY) as merchants took little cheer from extra fiscal spending in China, whereas the greenback steadied forward of key client inflation information this week. Regional currencies had been nursing…
Greenback retains power forward of CPI, Fed audio system; euro heads decrease
Investing.com – The U.S. greenback rose Monday, persevering with the optimistic tone generated by the brand new Trump presidency forward of the discharge of key inflation knowledge and with quite a lot of Federal Reserve audio system due this week.…
Brazil’s foreign money weakens amid authorities delays in asserting new fiscal measures
BRASILIA (Reuters) – Brazil’s foreign money weakened on Monday (NASDAQ:MNDY) as President Luiz Inacio Lula da Silva’s administration postponed the discharge of long-awaited spending-containment measures, regardless of earlier indicators of an imminent announcement. The true fell about 1% towards the…
Euro hits close to 7-month low vs greenback as tariff worries weigh
By Hannah Lang and Chibuike Oguh (Reuters) -The euro dropped to its lowest stage in practically seven months in opposition to the U.S. greenback on Monday, weighed down by investor worries about doable tariffs by a brand new White Home…
Asia FX weakens, greenback close to 4-mth excessive as Trump commerce persists
Investing.com– Most Asian currencies weakened on Tuesday, whereas the greenback traded close to a four-month excessive as merchants remained largely biased in the direction of sectors anticipated to profit from a second Donald Trump presidency. The Chinese language yuan and…
