Asia FX Talk – De-escalation supports regional FX
Signs continue to point to limited appetite for further escalation in the Middle East. The US has reportedly presented Iran...
Currencies
Japan forex czar says IMF floating rate label does not limit currency action
TOKYO, May 7 (Reuters) - Japan's top currency diplomat Atsushi Mimura said on Thursday that the International Monetary Fund's classification...
Dollar Hits Lowest Since War Started on Report End Is Near
(Bloomberg) -- The dollar wraps up Wednesday at the weakest level since February as investors are hopeful of the imminent...
West Asia conflict, oil shock push India into ‘reverse Goldilocks’ position | Expert Views
India will be even harder hit. GDP growth will drop from over 7 per cent to around 6-6.5...
Yen Spikes to 10-Week High and Sparks Intervention Chatter
(Bloomberg) -- Sharp moves in the Japanese yen that sent the currency to a 10-week high are renewing speculation that...
Foreign exchange reserves rise back above US$600bn
By Crystal Hsu / Staff reporter The nation’s foreign exchange reserves climbed back above US$600 billion at the end of...
Rupee Strengthens 67 Paise As US-Iran Agree On Ending War
MUMBAI: The Indian rupee strengthened sharply by 67 paise to 94.61 against the dollar on Wednesday on reports that the...
U.S. sanctions and Iran war are creating a ‘paradox’ pushing key U.S. allies away from the dollar
The world’s de-dollarization push continues, but this time, it’s America’s allies who are pulling back from greenbacks. Canadian Prime Minister...
Asia Markets Climb As Oil Eases And Chips Lead
use they import energy and pay for it in US dollars. That matters after the earlier oil spike fed into...
Indian rupee seen broadly steady by currency analysts despite capital outflows
BENGALURU, May 6 (Reuters) - The Indian rupee is expected to hold its ground against the U.S. dollar, according to...
