Carry Trade Mints 42% Profit and Sparks Push Into New Market
For currency speculators around the world, the trade has long been a no-brainer: simply borrow yen, which costs
2023-09-18 07:51
It’s Not Just the US Dollar. China Supports Yuan Against 23 Other Currencies.
China’s struggle with a weak yuan extends far beyond how it trades against the dollar. The People’s Bank
2023-09-13 15:58
Fed Threat Means Yen Intervention Still in Play After Rally
The yen remains vulnerable to sharp movements and government intervention even after its rally at the start of
2023-09-12 07:24
China’s Yuan Rallies Off Recent Lows on Record Strong Fix Signal
The yuan climbed from a 16-year low as China started the week on the offense, sending another forceful
2023-09-11 11:51
Yen Rises After Ueda Comments on Wage Growth and Negative Rates
The yen advanced against all Group-of-10 currencies as traders mulled potentially hawkish comments from Bank of Japan Governor
2023-09-11 06:47
China Budges in Fight With Bears, Sending Yuan Toward Record Low
The offshore yuan weakened toward its lowest on record against the dollar, as a cut to the daily
2023-09-08 12:55
RBI Intervention Seen Averting Record Low for Rupee Before G-20
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2023-09-07 16:58
Top Forecaster JPMorgan Sees Yen Sliding as Far as 155 to Dollar
The slide in the yen isn’t over, despite expectations the dollar may not be quite so strong in
2023-09-07 15:51
Hedge Funds Say It’s Too Risky to Short Dollar on US Rates Hazard
The dollar’s recent strength has confounded naysayers, and according to some hedge funds, the rally isn’t over. K2
2023-09-07 07:56
Bank of Russia to Meet Currency Demand as Eurobond Comes Due
Russia’s central bank will offload 150 billion rubles ($1.5 billion) of foreign exchange in the domestic market this
2023-09-06 15:47
Soaring US Dollar Raises Alarm as China, Japan Escalate FX Pushback
A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China
2023-09-06 12:17
Morgan Stanley Turns Bearish on Emerging Market Currencies on China Risks
Morgan Stanley is returning to a bearish view on emerging-market currencies, citing concerns over China’s growth risks that
2023-09-06 11:57