Currency Traders Hang on Every Word as Tokyo Jawbones Yen
Traders are scrutinizing every word from Japanese currency officials with renewed intensity as nine straight days of declines
2023-08-17 16:22
Yen Slumps to 2023 Low as Japan Intervention Debate Intensifies
The yen slumped on Wednesday to levels that saw Japan intervene in the currency market last year amid
2023-08-16 23:56
Rand Seen Getting a Boost From Better South African Power Supply
South Africa’s rolling blackouts have been blamed by strategists as the single biggest factor weighing on the rand.
2023-08-16 21:50
Saudi Pile of US Treasuries at Six-Year Low in Shift to Risk
Saudi Arabia’s stockpile of US Treasuries fell to the lowest level in more than six years, as the
2023-08-16 19:22
Dollar Shortage Forces Pakistan Factories to Halt Production
Pakistan’s iron-clad grip on its dollar holdings may be keeping its currency stable, but it’s also hurting local
2023-08-16 19:21
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September as yield
2023-08-15 11:45
Ruble Crashes Through 100 Per Dollar Despite Central Bank’s Move
The ruble broke through the psychologically important level of 100 to the dollar for the first time since
2023-08-14 14:29
Embattled Peso Seeks Relief as Philippines to Weigh Rate Hike
A rebound in the dollar has hit the peso harder than most of its peers and the losses
2023-08-14 11:54
Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
Hedge funds turned the most bullish on the Australian dollar than they’ve been at any point this year,
2023-08-14 11:15
Disappointing China Loans Is a Cry for More Easing, Analysts Say
The plunge in China’s new loans in July is reinforcing fears of deflation and a worsening economic slowdown,
2023-08-11 18:17
Yen Dips to Weakest Since 2008 Against Euro, Eyes 145 Per Dollar
The yen fell to the weakest against the euro since 2008 on Thursday, extending losses after tame US
2023-08-10 23:25
Egypt’s Inflation Hits New Record as Pound Devaluation Looms
Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on
2023-08-10 20:46