Asia

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Most Asian currencies rose slightly on Wednesday as the dollar was hurt by continued bets on interest rate cuts, while China's yuan hit a 16-month high on optimism about more stimulus measures. The Australian and New Zealand dollars made…

Goldman Sachs said the U.S. Federal Reserve's first rate cut in more than four years has eased market fears of a recession, with improved risk appetite likely to boost interest-rate-sensitive Asian currencies. GS said in a recent note that…

Most Asian currencies moved in a narrow range on Monday, while the dollar steadied after recent losses as traders awaited a series of additional signals on the Federal Reserve and U.S. inflation. The Australian dollar was among the best…

Most Asian currencies rose on Friday, while the dollar suffered losses after the Federal Reserve cut interest rates by a wide margin and began an easing cycle. The Japanese yen was among the best performing currencies, rising after the…

Most Asian currencies moved in a flat-to-low range on Thursday as the dollar rose sharply after a large interest rate cut by the Federal Reserve was offset by less dovish signals on future interest rates. The Japanese yen was among the…

Japan's national CPI data for August is due out on Friday. We got the Tokyo CPI data for August, which came in higher than July:Tokyo area inflation data for August: 2.6% y/y (2.2% previously)The Bank of Japan statement comes a few hours…

Most Asian currencies rose on Wednesday, while the dollar fell as markets braced for a widely expected interest rate cut by the Federal Reserve later in the day. Public holidays in Hong Kong and South Korea limited overall trading volumes,…

Asian currencies rose on Tuesday, with the Japanese yen nearing a 2024 high as the dollar retreated amid growing bets that the Federal Reserve will cut interest rates by a wide margin this week. Regional trading volumes were subdued due to…

Most Asian currencies were little changed in thin holiday trade on Monday, while the dollar fell as markets awaited a Federal Reserve meeting where the central bank is likely to cut interest rates. Regional trading volumes were thin due to…