Japan’s FX no-show, Meta plunges
By Jamie McGeever(Reuters) - A look at the day ahead in Asian markets.The depreciation of Asian currencies against the U.S....
archiveJapan
Japan’s yen hits 155 to the dollar, weakest since 1990
(Reuters) -- The yen fell on Wednesday to its weakest levels against the dollar since 1990, with markets alert to any signs of intervention from the Japanese authorities to prop up their currency.The dollar reached as high as 155.17 yen, its strongest since 1990, before falling back in choppy trading, a sign of market nervousness around the 155 level. It was last at 154.97, up 0.09%.The decline in the yen comes after a string of strong U.S. inflation data pushed the dollar to five-month highs and reinforced expectations that the...
Trump sounds alarm on strong dollar boomeranging over Asia
The power of the dollar over weaker Asian currencies is attracting attention as the prospect of interest rate cuts by...
Trump Blames Biden After U.S. Dollar Reaches New High Against Japanese Yen
Topline Former President Trump called the U.S. dollar’s new 34-year high against the yen a “disaster” on Tuesday, claiming it...
Asian policy-makers move to support currencies
Over the past week, policy-makers across Asia have issued verbal warnings or intervened in foreign exchange markets to prop up...
Analysis-Political heat prods Japan, South Korea to team up on weak currencies
By Leika KiharaWASHINGTON (Reuters) - The success of Japan and South Korea at inserting language voicing concern over their currencies...
The Chinese Currency Drop Is Spurred By Fear And Envy
China's intention to weaken its currency is likely prodded by a mix of its macroeconomic troubles and rising competition with...
Asian Stocks Rise as Nations Address FX Turbulence: Markets Wrap
(Bloomberg) -- Stocks in Asia rose Thursday as pushback from authorities against a stronger dollar helped stabilize currencies and restored...
Dollar takes a breather as investors ponder US rates outlook
SINGAPORE (Reuters) - The dollar was soft on Thursday as traders assessed the U.S. interest rates outlook in the wake...
US nods to ‘serious’ Japan, S.Korea concerns over slumping currencies
By Leika KiharaWASHINGTON (Reuters) -The United States, Japan and South Korea agreed to "consult closely" on foreign exchange markets in...
