Stories tagged “Asia Fx.”
14 stories
Asia FX mixed ahead of U.S. PCE inflation; Aussie dollar gains on hot CPI
Asian currencies traded mixed on Wednesday as investors awaited key U.S. inflation data for clues on the Federal Reserve's policy path, while the Australian dollar strengthened after hotter-than-expected domestic inflation revived bets on another rate hike.
Asia FX steadies after sharp gains, dollar near 3-mth low as bond selloff cools
Asian currencies steadied on Thursday after sharp gains in the previous session, while the U.S. dollar nursed steep losses as investors digested the Treasury Department's move to calm a bond market rattled by surging long-term yields.
Asia FX rises as Treasury yields ease; S. Korean won hits 1-yr high
Asian currencies edged higher on Wednesday while the U.S. dollar hovered near multi-month lows, as easing Treasury yields offered some relief to regional currencies and investors awaited minutes of the Federal Reserve's latest policy meeting.
Asia FX ticks up on reduced Fed hike bets; yen gains despite weak Japan GDP
Most Asian currencies edged higher on Monday as the dollar slipped after softer U.S. economic data reduced expectations for another Federal Reserve interest-rate hike, while the yen strengthened slightly despite weaker-than-expected Japanese economic growth.
Asia FX ticks up, dollar dips after soft U.S. PPI curbs Fed hike bets
Asian currencies ticked higher on Friday and the dollar weakened slightly after subdued U.S. inflation data further reduced expectations of a Federal Reserve interest-rate hike in the near term. Most units were little changed, restrained by lingering Middle East tensions …
Asia FX subdued, dollar near 7-wk low with Iran talks, U.S. jobs data in focus
Asian currencies were little changed on Thursday, while the U.S. dollar hovered near a seven-week low as investors cautiously monitored developments in Middle East peace negotiations and awaited key U.S. labor market data for clues on the Federal Reserve's interest-rate p…
Asia FX mixed with U.S.-Iran talks in focus; yen dips after intervention-led rally
Asian currencies traded mixed on Tuesday as investors awaited fresh developments on proposed U.S.-Iran negotiations, while the Japanese yen weakened slightly after rallying on last week’s coordinated U.S.-Japan currency intervention.
Asia FX subdued as dollar steadies after Fed hold; BOE, BOJ loom
Asian currencies traded in tight ranges on Thursday after the U.S. Federal Reserve left policy unchanged, while Chair Kevin Warsh reiterated that inflation must return to target, reinforcing expectations of higher for longer rates.
Asia FX: Aussie slides on soft CPI; won firms ahead of Fed decision
The U.S. dollar held near a one-month high on Wednesday, while Asian currencies traded in narrow ranges ahead of the Federal Reserve’s interest-rate decision, with the Australian dollar among the biggest losers after softer-than-expected inflation data.
Asia FX: Yen steadies near 40-year low; won hits 2-1/2 month high
The Japanese yen steadied near a four-decade low as investors weighed prospects for tighter Bank of Japan policy against persistent pressure from a strong dollar. South Korea's won climbed to a 2-1/2-month high after stronger-than-expected economic growth reinforced expec…
Asia FX: Yen slides past 163 as oil risks pressure importers; won holds resilient
The Japanese yen retreated beyond 163 per U.S. dollar on Wednesday, hovering near its weakest level since 1986 as rising U.S. Treasury yields and elevated oil prices underpinned the greenback, while investors remained alert for signs of official intervention from Tokyo.
Dollar firms as Mideast tensions weigh on Asian currencies
Escalating tensions in the Middle East kept investors cautious, lifting the U.S. dollar near a one-week high while higher oil prices weighed on currencies of the region's energy-importing economies.
Asia FX: Yen Steadies as Intervention Risks Linger; Dollar Eyes CPI, Waller
The Japanese yen steadied on Tuesday as traders remained wary of possible intervention from Tokyo after policymakers' comments on state pension fund allocations. The broader dollar held firm as investors awaited June consumer price data and remarks from Federal Reserve Go…
Asia FX weakens as dollar holds 13-mth peak on Fed outlook; yen near 40-yr low
The US dollar held near a 13-month high, pressuring Asian currencies, as investors monitored developments surrounding a US-Iran peace agreement and assessed a hawkish shift in the Federal Reserve's policy outlook. The Japanese yen remained under pressure, near 40-year lows.