Currencies

Currencies

The yen strengthens past 140 per dollar for the first time since September

The yen advanced past the psychological level of 140 against the US dollar as investors sought alternatives to the greenback amid increasing risks for US assets. With the independence of the Federal Reserve under threat, heightened unease from tariffs and a looming meeting between the finance chiefs of Japan and the US, the yen broke through resistance to appreciate as much as 0.7 per cent to 139.90 per US dollar. That was its strongest level since September and made it the best performer among Group-of-10 currencies on Tuesday. President Donald Trump’s trade...
Currencies

Yen strengthens past key psychological level of 140 per Dollar

The yen advanced past the psychological level of 140 against the dollar as investors sought alternatives to the greenback amid increasing risks for US assets.With the independence of the Federal Reserve under threat, heightened unease from tariffs and a looming meeting between the finance chiefs of Japan and the US, the yen broke through resistance to appreciate as much as 0.7% to 139.90 per dollar. That was its strongest level since September and made it the best performer among Group-of-10 currencies on Tuesday. President Donald Trump’s trade war has boosted...
Currencies

Ripple, Stacks & Ethereum — Asian Wrap 22 April

Ripple (XRP) price stabilizes above its $2.00 support during the late Asian session on Tuesday. An attempt to break out of the consolidation range the previous day left more long than short positions liquidated, dampening market sentiment. Still, XRP bulls can redeem themselves and resume the uptrend, targeting $3.00 amid growing risk appetite among the whales and declining exchange inflows. Stacks (STX) price is extending its gains by 9%, trading around $0.76 at the time of writing on Tuesday, following a 10% rally the previous day. On-chain data paints a bullish picture, as STX...
Currencies

Currency Market News: Rupee slips 4 paise to 85.19 vs US dollar

Rupee traded in a narrow band and slipped 4 paise to 85.19 against the US dollar in early trade on Tuesday, as gains from upbeat domestic equities were offset by dollar short-covering among investors. Forex analysts noted ongoing concerns about global economic headwinds stemming from tariffs and US monetary policy, which could dampen overall demand. At the interbank foreign exchange market, the rupee opened at 85.11 and later declined to 85.19 against the US dollar, marking a 4 paise drop from its previous close. On Monday, the rupee had gained...
Currencies

Commission livid as ECB warns of crypto apocalypse under Trump – POLITICO

The official also claimed the ECB has recently been hyping the stablecoin menace to bolster political support for its controversial digital euro project, an effort to build a pan-European payment system that, it says, would shield Europe's financial infrastructure from crypto-assets. Stablecoins denominated in dollars, which are backed primarily by U.S. treasuries, account for 99 percent of the $240 billion market, according to Frankfurt. The central bank fears that allowing dollar-backed stablecoin issuers to offer their product in both the U.S. and the EU could also favor “existing non-EU stablecoin...
Currencies

EMERGING MARKETS-Asian currencies dip, with S.Korean won as top loser

April 22 (Reuters) - The following table shows rates for Asian currencies against the U.S. dollar, as of 0206 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous Pct day Move Japan yen 140.800 140.85 +0.04 Sing dlr 1.306 1.305 -0.05 Taiwan dlr 32.484 32.46 -0.07 Korean won 1426.500 1421.5 -0.35 Baht 33.220 33.11 -0.33 Peso 56.739 56.59 -0.26 Rupiah 16830.000 16800 -0.18 Rupee 85.128 85.1275 0.00 Ringgit 4.378 4.367 -0.25 Yuan 7.311 7.2925 -0.25 Change so far in 2025 Currency Latest bid End 2024 Pct Move Japan yen 140.800...
Currencies

Asian currencies: Singapore dollar hits six-month peak – Business & Finance

BENGALURU: Emerging Asian currencies strengthened on Monday as renewed pressure on the dollar, this time from President Donald Trump’s criticism of the Federal Reserve, deepened concerns over central bank independence and added to uncertainty in global markets. The Thai baht led regional gains, just shy of its early October high, while the Singapore dollar rose 0.5% to 1.3040, its strongest level in six months. The dollar slid to a three-year low after the Trump administration criticised Fed Chair Jerome Powell last week and floated the idea of firing him. “It...
Currencies

CORRECTED-EMERGING MARKETS-Asia currencies subdued as Trump continues slamming Fed

(Corrects paragraph 1 and 9 to say Singapore stocks gained for the sixth straight session, not seventh) * Indonesian rupiah leads losses * Asian equities mixed * Stocks in Malaysia snap three straight sessions of losses By Rishav Chatterjee April 22 (Reuters) - Currencies in emerging Asia were subdued on Tuesday, weighed down by President Donald Trump's renewed criticism of the U.S. Federal Reserve, while Singapore equities extended their winning streak into a sixth straight session. An MSCI index of Asian emerging market equities snapped a three-day streak of gains,...
Currencies

EUR To JPY: Convert Euro to Japanese Yen

Euro to Japanese Yen EUR JPY 1 EUR 161.88660313 JPY 5 EUR 809.43301565 JPY 10 EUR 1,618.8660313 JPY 25 EUR 4,047.16507825 JPY 50 EUR 8,094.3301565 JPY 100 EUR 16,188.660313 JPY 500 EUR 80,943.301565 JPY 1,000 EUR 161,886.60313 JPY 5,000 EUR 809,433.01565 JPY 10,000 EUR 1,618,866.0313 JPY 50,000 EUR 8,094,330.1565 JPY Japanese Yen to Euro JPY EUR 1 JPY 0.006177163 EUR 5 JPY 0.030885817 EUR 10 JPY 0.061771634 EUR 25 JPY 0.154429085 EUR 50 JPY 0.30885817 EUR 100 JPY 0.61771634 EUR 500 JPY 3.088581701 EUR 1,000 JPY 6.177163401 EUR 5,000 JPY...
Currencies

Trump’s tariffs may have upended the global financial system : NPR

Something rare is happening on Wall Street: Stocks, bonds and the dollar are all falling at the same time — and investors are debating why. Charly Triballeau/AFP via Getty Images hide caption toggle caption Charly Triballeau/AFP via Getty Images For decades, the U.S. financial system has been regarded as one of the most stable and powerful in the world. Now, there are fears that something unprecedented may be happening as a result of President Trump's tariffs: Investors everywhere may be losing their faith in the United States. The concerns come...
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