Indonesia bond auction weak but not distressing, central bank policy decision awaitedIndonesia's recent bond auction saw softer demand, attributed to Lunar New Year holidays, despite market jitters from MSCI's downgrade warn...
Yen steadies as traders gird for election, intervention fears lurkThe yen hovered near 18-month lows as traders anticipated intervention following strong warnings ahead of a Japanese election that could sp...
China's yuan hits fresh 14-month high on dollar weaknessChina's yuan hit a 14-month peak against the dollar, buoyed by seasonal corporate demand and a weaker U.S. currency. Despite economic slowd...
China's yuan nears 13-month low in holiday-thinned tradingChina's yuan traded near a 13-month low against the dollar because of strong dollar performance and widening yield gaps between China and t...
China stocks snap four-day winning streak on caution ahead of US electionThe growing bets of a possible second Donald Trump presidency and higher trade tariff threats have dampened market sentiment, investors and...
China's yuan steady near 7-month lows as traders eye yen and dataChina's yuan weakens against the dollar as foreign investors avoid the stock market. Analysts suspect currency manipulation by Beijing to m...
Dollar steady as traders weigh economic data, yen fragileThe dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of economic data and firm expectation...
Rupee ends lower, forward premiums tumbleThe rupee finished down on Monday as the dollar strengthened and the Chinese yuan fell to a low not seen for two weeks amid concerns about ...
Dollar edges lower; on track for second straight monthly lossWhile recent economic data have pointed to slowing U.S. growth, parts of the economy continue to show resilience while inflation remains st...
Gold edges higher as investors focus on Powell testimonyPowell is due to deliver his semi-annual testimony before Congress on Tuesday and Wednesday, which will be closely watched for any hints on...
Gold faces worst month in nearly two years on U.S. rate-hike dreadBullion is often seen as a hedge against inflation, but the opportunity cost of holding it rises when interest rates are increased to bring...
Thai baht faces worst day in 23 years as strong dollar pressures Asia FXOfficial data showed the economy expanded 5.31% in 2022, its best since 2013, and faster than the 5.29% expected in a Reuters poll. Among o...
Indian rupee ends 2022 as worst-performing Asian currencyHeading into 2023, market participants believe the rupee would trade with an appreciation bias, finding relief from easing commodity prices...
Dollar retreats as risk appetite improves; Australia, NZ currencies rise"There seems to be no let-up in the pace of relaxing COVID restrictions despite the surge in COVID cases in the mainland," said Christopher...
China's yuan closes domestic session at 28-month high on Biden presidencyInvestors believed that a Biden presidency could mean less uncertainty in foreign and trade policy towards China and expected that he was u...
Dollar climbs as Trump quarantines and stimulus stallsThe dollar index rose 0.2%, though it remains set for its softest week in more than a month as stimulus hopes stoked appetite for riskier a...
Hand it to Fed's dovish tilt, Asian currencies hold upThe resilience of the dollar partly underscored its safe-haven appeal amid economic risks.