Asia FX muted with US labor data in focus; Yen buoyed by BOJ By Investing.com
© Reuters. Investing.com-- Most Asian currencies moved little on Thursday as markets remained on edge before key U.S. labor data,...
Investing in Currencies
Rupee edges up as more foreign funds flow into stocks
Mumbai, Dec 6 (IANS) The rupee appreciated 5 paise to close at 83.32 against the US dollar on Wednesday as more foreign funds flowed into the Indian stock markets which have shot up to lifetime highs. However, funds flowing into the stock markets are considered "hot money" and can exit at short notice. Market analysts are, therefore, cautious on how much the rupee will gain ahead. Much will also depend on oil prices. The , which gauges the American currency's strength against a basket of six currencies, was also trading...
Dollar extends recovery despite US job openings drop
US job openings fall to lowest in more than 2-1/2 yearsTreasury yields slide, but dollar extends recoverySchnabel points to end...
Dollar edges lower; euro hit by weak German factory orders By Investing.com
© Reuters. Investing.com - The U.S. dollar edged lower in early European trade Wednesday, but remained near a two-week high,...
FX Daily: Hard to Buck the Euro Downtrend
The has shown resilience after disappointing job openings data yesterday, leaving under pressure as the euro’s idiosyncratic negatives fuel bearish...
Oil prices settle lower on dollar strength, ongoing supply surplus concerns
Investing.com -- Oil prices settled lower Tuesday, as a stronger dollar and fears about supply outstripping demand remain front and center, offsetting a potential supply risk from ongoing tensions in the Middle East. By 14:30 ET (19.30 GMT), the futures settled 1% lower at $72.32 a barrel and the contract fell 1.1% to $77.20 a barrel. Fears of a potential escalation in the Israel-Hamas conflict came back into play after the U.S. held Iran responsible for an attack on U.S. vessels in the Red Sea by Houthi forces. But traders...
Weekly Rand Report: Rand woes continue
The has been the black sheep of the emerging-market currencies – plagued by loadshedding and troubles with state-owned enterprises. While...
FX Daily: Data Check as Fed Dovish Bets Peak
Markets have scaled back some dovish bets on the Fed at the start of this week, perhaps starting to position...
Which Is The Best For You? – Forbes Advisor Australia
When deciding between Wise and Revolut for money transfer services it’s important to note that both are valid options that...
Against the odds, China’s push to internationalise its currency is making gains
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chief economist for the Asia-Pacific at Natixis and senior research fellow at the Bruegel InstituteIt has been an extraordinary year for the renminbi. On the one hand, it has clearly disappointed investors, who were expecting the currency to appreciate as the Chinese economy moved out of zero-Covid policies at the end of 2022. Instead, after a short respite, it depreciated about 8.5 per cent against the US currency from...