Bullish bets steady on Asian currencies as Fed easing bets soften dollar
WEB1 day ago · The dollar bounced, long-dated bond yields were up and Asian stocks surged after the Federal Reserve announced a 50-basis-point rate cut and flagged a measured easing cycle ahead, leaving open a ...
Asian Currencies Hit 14-Month High as Fed Cuts Interest Rates
WEB1 day ago · The Bloomberg Asia Dollar Index rose 0.2% on Thursday, bringing the gauge to the highest since July 2023. The Indonesian rupiah and South Korean won led the gains, while the Malaysian ringgit ...
Dollar gains ground after Fed delivers bumper 50 basis point rate …
WEB2 days ago · It rose about 0.4% to 141.80 per dollar on Wednesday, recouping about a third of an overnight drop. The yen was down 0.3% to 157.84 per euro . Elsewhere, the Australian dollar traded at a two-week ...
US Dollar Gains After Fed's Big Rate Cut as Traders Watch BOE, …
WEB1 day ago · September 18, 2024 at 11:08 PM EDT. Save. The dollar rose in the aftermath of the Federal Reserve’s supersized rate cut, with traders waiting for decisions from the UKand Japanese central banks ...
Tech stocks drag, dollar plumbs lows on rate cut expectations
WEB4 days ago · Dollar drops vs yen, Asia stocks struggle as Fed looms Markets category · September 18, 2024 · 6:02 AM UTC. ... Reuters, the news and media division of Thomson Reuters, is the world’s largest ...
Live news: Asian currencies strengthen against dollar after …
WEBSep 4, 2024 · Asian currencies strengthened against the dollar on Thursday after US labour market data showed slowing jobs growth. China’s renminbi rose 0.2 per cent against the dollar to Rmb7.10 after the...
The Key Levels to Watch as Asia’s Top Currencies Battle Dollar
WEBAug 20, 2024 · Bloomberg’s Asia dollar index is close to a one-year high, while a gauge of the greenback has fallen to the lowest since March. That’s because Fed rate cuts would narrow the interest-rate gap...
Asia’s central bankers struggle to contain strong US dollar
WEBApr 20, 2024 · Asia’s central bankers are bracing for more turbulence from a stronger US dollar as the receding prospect of US interest rate cuts this year sends shockwaves through the yen, renminbi and other...
Dollar’s Record Rally Falters as China, Japan Step Up ... - Bloomberg
WEBSep 11, 2023 · The dollar’s record hot streak came under threat Monday as Asia’s biggest central banks took aim in different ways at the recent rally in the greenback.
Asian emerging market currencies come under pressure from strong dollar
WEBApr 16, 2024 · The South Korean won hit a 17-month low on Tuesday, breaching a major psychological threshold of 1,400 per dollar. It suffered the biggest drop among major currencies in the world this month,...