Day: January 13, 2023

Dollar Weakens
Economy

Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ

The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve to ease the pace of its interest rate hikes. At 03:05 ET (08:05 GMT), the US Dollar Index, which tracks the greenback against a basket of six other currencies, […]

Related Posts
Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with Read more

Dollar Edges Lower; Fed Minutes Loom Large
Dollar edges

The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more

Asian Stocks Hit By Tech Rout, More Fed Cues Awaited
Asian stocks

Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more

Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes
Asian stocks muted

Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more

Read More
European stock
Asia

European Stock Futures Higher; U.K. GDP Grows in November

European stock markets are expected to open slightly higher Friday, with investors focusing on a deluge of important economic data, including U.K. growth data for November, as well as earnings from the U.S. banking sector. At 02:00 ET (07:00 GMT), the DAX futures contract in Germany traded 0.1% higher, CAC 40 futures in France climbed […]

Related Posts
Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with Read more

Dollar Edges Lower; Fed Minutes Loom Large
Dollar edges

The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more

Asia FX inches Higher Ahead of Powell speech, China optimism Fades
ASIA FX

Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Read more

Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains
Gold Prices

Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more

Read More
ASIAN FX
Asia

Asia FX Heads For Weekly Bounce, Dollar at 7-Mth Low on Easing Inflation

Most Asian currencies crept higher on Friday and were headed for steep weekly gains on the prospect of an eventual shift in the Federal Reserve’s hawkish stance, which also pushed the dollar to a seven-month low. The Japanese yen rose 0.1% to an over seven-month high against the dollar of 129.14, and was among the […]

Related Posts
Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot
Asia FX

Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve Read more

Asia FX Muted, Dollar Steadies As Fed Meeting Looms
Asia FX muted

Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Read more

Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High
Asia FX

Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its Read more

Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes
ASIA FX

Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, Read more

Read More