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Cryptopolitan on MSNAsian shares climb while dollar remains steady ahead of inflation data
Asian shares edged higher on Monday, lifted by strong corporate earnings that kept technology sector valuations near record ...
Investing.com-- Most Asian currencies weakened slightly on Friday, while the dollar steadied after recent gains as traders ...
Asian currencies jumped on Friday following Powell’s dovish remarks at the Jackson Hole symposium, where he acknowledged ...
Asian equities are set for a strong start and the region’s currencies are likely to be supported after Federal Reserve Chair ...
Asian share markets rallied on Monday as investors celebrated the likely resumption of interest rate cuts in the United ...
Asian share markets rose on Monday as investors gave a cautious welcome to the likely resumption of U.S. interest rate cuts, ...
Financial markets are looking for Powell to provide clues on the likelihood of a September rate cut in the wake of recent ...
By Gregor Stuart Hunter SINGAPORE (Reuters) -Stocks in Asia edged higher in a shaky start on Friday as anxious traders ...
As of last November, ASEAN+3 has over 80% of trade invoices in U.S. dollars. De-dollarization is also occurring as Asian investors increasingly hedge their U.S. dollar exposures, according to Nomura.
Against the dollar, the yen appreciated 0.5%, the Singapore dollar rose 0.4% and the Australian dollar added 0.2%. Trading was somewhat subdued on Monday amid holidays in parts of the Asian region ...
The 5% rally in the dollar that Goldman Sachs expects this year could be dreadful news for Asia. Past episodes of extreme dollar strength haven’t gone well for the most dynamic economic region.
The U.S. only has one AAA rating left. The risk that Moody’s Investors Service might yank it away has Asian central banks sitting on nearly $3 trillion of U.S. Treasuries in near-panic mode.
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