Tag: Currency markets
Philippine FX Market Closed Sept. 1, Bankers Association of the Philippines Says
There will be no trading on the Philippine currency market on Friday after heavy monsoon rains prompted suspension of work in government offices inclu [...]
China’s Forex Reserves Rose in July
Published: Aug. 7, 2023 at 4:26 a.m. ET
China's foreign-exchange reserves rose for a second month in a row in July, boosted by higher ass [...]
Popular emerging market FX trade back with global rates peaking
The stars are aligning in favor of a popular currency trade that [...]
Opinion | A New Financial Threat Emerges in Foreign-Exchange Swaps – The Wall Street Journal
Opinion | A New Financial Threat Emerges in Foreign-Exchange Swaps The Wall Street Journal
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Japan intervened, buying yen in FX market late Friday: Reuters
Japan's finance ministry on Sept. 22, 2022 intervened in the currency market to bolster the yen, which has plummeted against the U.S. dollar in recent [...]
Weak yen to boost travel; no full rebound without China
After more than two years of strict Covid-19 border controls, Japan reinstated visa-free travel to 68 countries on Tuesday.Maki Nakamura | Digitalvisi [...]
Barry Sternlicht says ‘unbelievable calamities’ ahead if the Fed keeps hiking
The Federal Reserve's aggressive rate hike path – an attempt to tamp down the highest inflation in decades – is set to cause damage to the global econ [...]
Barry Sternlicht says ‘unspeakable calamites’ ahead if the Fed keeps hiking
Barry Sternlicht, CEO, Starwood Capital Group Scott Mlyn | CNBCThe Federal Reserve's aggressive rate hike path – an attempt to calm the highest inflat [...]
Why analysts are bullish on the SGD
"The Singapore dollar is usually considered a haven currency compared to Southeast Asian peer currencies," said Max Lin, Asia FX and rates strategist [...]
Analysts discuss U.S. interest rates, dollar, Asian Financial Crisis
The world economy may be facing conditions seen during the 1997 Asian Financial Crisis — aggressive U.S. interest rate hikes and a strengthening U.S. [...]
Japan Won’t Rule out Any Options in Responding to Forex Situation, Official Says
By Chieko Tsuneoka and Megumi Fujikawa TOKYO--Japan's top currency official said Thursday that the government isn't ruling out any option [...]
Euro-dollar exchange rate yields steep discount for Americans
Mathieu Young/Getty ImagesAmericans traveling to Europe can do so a bit more cheaply these days than in recent years.The U.S. dollar is trading at its [...]
When to buy euros, other currency for a trip abroad
Glowimages | Glowimages | Getty ImagesIt's a good time to be an American traveling abroad.The value of the U.S. dollar has been at its strongest in ye [...]
Yen tanks as FX market adjusts to central bank rate decisions
A one thousand Japanese yen bank note, close up in macro with a five Euro European bank noteVitoria Holdings LLCThe Japanese yen tumbled against the d [...]
Ruble’s Rally Stumbles After Interest-Rate Cut
A rally in the Russian ruble that made it the world’s best performing major currency reversed itself for a second day Friday fo [...]