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Asia FX steadies as dollar dips after Powell comments; yen intervention eyed
Investing.com via Yahoo Singapore Finance· 3 days agoInvesting.com-- Most Asian currencies steadied on Wednesday tracking some overnight weakness in the dollar after Federal Reserve Chair Jerome Powell flagged progress towards bringing down inflation.
Morning Bid: Market mood bright, liquidity light
Reuters via Yahoo Singapore Finance· 2 days agoThe minutes of the Fed's June 11 to 12 policy meeting released on Wednesday echoed remarks from Fed Chair Jerome Powell this week that price pressures...
Asia FX upbeat as rate cut bets dent dollar; yen on intervention watch
Investing.com via Yahoo Singapore Finance· 2 days agoInvesting.com-- Most Asian currencies firmed on Thursday as increased expectations of interest rate cuts by the Federal Reserve dented the dollar, while a fragile yen kept traders on guard over potential government intervention.
Asia FX muted after mixed China PMIs, dollar dips as rate cut bets grow
Investing.com via Yahoo Singapore Finance· 5 days agoInvesting.com-- Most Asian currencies kept to a tight range on Monday as sentiment towards the region was dented by weak Chinese business activity data, while the dollar retreated amid some growing bets on an interest rate cut.
Powell sparks optimism on rate cuts
Reuters via Yahoo Singapore Finance· 3 days agoIt was a risk-on session in Asia, with European bourses poised for a similar start in the wake of comments by Fed Chair Powell, with investors buoyed by...