Asian currencies strengthened against the U.S. dollar in early trade amid prospects of Fed rate cuts that would decrease the allure of U.S. fixed-income assets and demand for the greenback.
The AUD/JPY cross builds on the previous day's late bounce from the 95.35-95.30 area, or over a one-week low, and gains ...
AUD/NZD rebounds swiftly from over a one-week low touched earlier this Tuesday. The move up picks up pace after the RBA’s ...
Asian equities advanced Friday as markets reacted positively to signs reciprocal US tariffs may be weeks from coming into effect, raising the prospect for negotiations that could make them less ...
The dollar’s monthslong surge is adding another blow to Southeast Asian stock markets, where investors are already retreating to sidestep slowing economic growth prospects in the region.
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AUD/USD touched a low of 0.6670 in Wednesday, its lowest level since 2009. Although the currency has stemmed the losses for now, investor sentiment remains bearish towards the Aussie and we could ...
TOKYO (Reuters) - Japan's service activity expanded for a third straight month in January, helped by a rebound in new export business on Asian demand, a private-sector survey showed on Wednesday.
The Australian dollar stood at $0.6206 after sinking as low as $0.6088 on Monday. The yen, seen as a safe haven, eased 0.3% to 155.18 per dollar. Gold struck record highs on Monday as worries of a ...
The impact on Asian stocks from tariffs imposed on China by US President Donald Trump will be much more limited compared with a stronger dollar due to the uncertainty over the Federal Reserve’s ...
It was also sharply higher against the South Korean won, Australian dollar and South African rand “We suspect the path of least resistance for now is for Asian currencies and risk assets to ...