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Kuroda says BOJ needs to be ready to issue digital yen
The Bank of Japan must be ready to issue central bank digital currencies (CBDC) that coexist with various other forms of money to offer the public a ...
30.03.2023
Analysis-Pressure builds on Egypt to devalue currency further
The Egyptian pound lost ground on the black market again in recent days in a sign that halving its official value over the past year could still not be enough and the central bank may have to let it slide further.
Despite its pledge in October to allow supply and demand determine exchange rates, ...
30.03.2023
Dollar rebounds as banking fears fade; yen falls on quarter-end flows
The dollar rose against most major peers on Wednesday, reversing some of its recent declines, and gained sharply against the yen, which was volatile as the end of the Japanese fiscal year approaches.
The dollar index, which measures the currency against six rivals, was 0.18% higher on the day at ...
30.03.2023
Asia FX muted, dollar firms as China PMIs loom
Most Asian currencies kept to a tight range on Thursday amid caution ahead of key Chinese economic data, while easing fears of a banking crisis spurred sharp gains in Treasury yields and a recovery in the dollar.
The dollar rose in overnight trade, and firmed slightly in the Asian session as ...
30.03.2023
Dollar firms as banking crisis worries fade
The U.S. dollar was a tad higher on Thursday as receding concerns over the banking sector bolstered risk sentiment and investors switched their attention to the Federal Reserve's battle against inflation.
The dollar index, which measures the currency against six major peers, rose 0.019% to 102.65, ...
30.03.2023
Asia FX sinks, dollar rises amid Fed uncertainty, bank crisis fears
Most Asian currencies fell on Monday and the dollar rose as markets hunkered down ahead of a Federal Reserve meeting this week, while fears of a banking crisis kept sentiment on edge despite government measures to assuage market concerns.
The Chinese yuan fell 0.2% after the People’s Bank ...
20.03.2023
Safe haven status helps dollar edge higher; Fed meeting in focus
The U.S. dollar edged higher in early European trade Monday with the safe haven in demand amid the ongoing banking crisis and ahead of this week's Federal Reserve policy-setting meeting.
At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, ...
20.03.2023
Yen eyes more gains as Fed balance sheet expands, bank turmoil brings dollar pain
The turmoil in banking this week coaxed investors into the arms of the safe-haven yen at the expense of the dollar and many are calling for more of the same as the rewidening of the Fed’s balance sheet and the upcoming Federal Reserve decision points to more pain ahead for the dollar.
“We are ...
18.03.2023
Asia FX rattled by bank crisis fears, safe havens advance
Most Asian currencies kept to a tight range on Thursday amid renewed concerns over a U.S. and European banking crisis, with investors largely pivoting into safe haven currencies amid fears of broader economic headwinds.
The Japanese yen was among the best performers for the day, rising 0.5% and ...
16.03.2023
Asia FX firms, dollar slumps as SVB turmoil clouds rate hike outlook
Most Asian currencies rose on Monday, while the dollar tumbled to near three-week lows as a potential banking crisis in the U.S. saw markets drastically alter their expectations for more interest rate hikes by the Federal Reserve this year.
Most regional currencies also sharply reversed losses ...
14.03.2023
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