Currency market steadies ahead of U.S. inflation test, Fed decision
Markets are currently pricing in a roughly 56% chance of a cut in September, according to the CME FedWatch tool,...
archiveMonetary Policy
What’s a Carry Trade? Definition, How It Works and Key Risks
Here’s what sounds like a surefire way to improve an asset’s returns: Use cheaper money to buy it. That’s the...
Opinion | A strong US dollar could bring Asia more pain, especially if Trump wins
Is this all US$60 billion worth of central bank interventions in global foreign exchange markets buys you these days? It...
Currencies calm but cautious after a weary week
The yen hit 154.70 per dollar, not far from last week's 34-year low of 154.79 and close enough to the...
Asian currencies can’t fight the dollar on a rampage
Paul O'Neill, a U.S. Treasury secretary under George W. Bush, ran into controversy on his first overseas trip when he...
Asian Currencies Can’t Escape the Strong Dollar
Paul O'Neill, a Treasury secretary under George W. Bush, ran into controversy on his first overseas trip when he had...
Dollar firms after hot retail sales, yen languishes; China data awaited
In the U.S., retail sales rose 0.7% last month, compared with the 0.3% rise that economists polled by Reuters had forecast. Data...
Dollar jumps on central bank divergence, euro hits five-month low
In this photo illustration, the man is holding several U.S. dollar bills with some Chinese yuan in the background.Sopa Images...
Higher Treasury Yields Won’t Necessarily Derail the Stock Market
Rising Treasury yields have the potential to trigger a stock market sell-off, but the upcoming earnings season and the fact...
Dollar steadies, yen pinned near 152
The yen was last at 151.585 per dollar, languishing near last month's slump to 34-year lows of 151.975 in the wake of...
