Tag: exchange rate

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Hong Kong Dollar (HKD USD) Traders Ignore HKMA to Stick With FX Carry Bets

Hong Kong Dollar (HKD USD) Traders Ignore HKMA to Stick With FX Carry Bets

Hong Kong’s intervention to support the local dollar has made just a minor dent in traders’ bearish bets, suggesting more liquidity will need to be dr [...]
Australia News Today: MQG FX trade losses; RBA challenge; Carbon credits

Australia News Today: MQG FX trade losses; RBA challenge; Carbon credits

Hi all, it’s Jackie here in Sydney. Macquarie is staring down losses of tens of millions on FX trades with an Italian builder. But first...Today’s mus [...]
Macquarie (ASX:MQG) Staring at $49 Million Loss on FX Trades With Builder

Macquarie (ASX:MQG) Staring at $49 Million Loss on FX Trades With Builder

Macquarie Group Ltd. says it’s facing losses of tens of millions of dollars after currency derivatives trades with Italian builder Cimolai SpA went aw [...]
Rupee News: Rupee might slide further before rebounding and finding right level. Here’s why

Rupee News: Rupee might slide further before rebounding and finding right level. Here’s why

The Indian rupee has been hitting new lows, week after week. From holding on to 74 against the US dollar in January to dropping to 83 last week — a do [...]
Indian defence firms seek protection from exchange rate variation

Indian defence firms seek protection from exchange rate variation

India's private defence firms had last campaigned for ERV protection after being bruised by the rupee's f [...]
Explained: Making sense of exchange rate

Explained: Making sense of exchange rate

On Monday, during intra-day trade, the Indian rupee hit an all-time low exchange rate of 77.6 against the US dollar. At the time of going to print, it [...]
India exemplary in publishing its forex market intervention: US Treasury

India exemplary in publishing its forex market intervention: US Treasury

India has been exemplary in publishing its foreign exchange market interventi [...]
Could maintain regular with eyes on the euro – Foreign exchange Information preview

Could maintain regular with eyes on the euro – Foreign exchange Information preview

ECB: Could maintain regular with eyes on the euro – Foreign exchange Information preview Posted on January [...]
Financial institution of Japan to show sights on restoration progress as Suga takes over as PM – Foreign exchange Information Preview

Financial institution of Japan to show sights on restoration progress as Suga takes over as PM – Foreign exchange Information Preview

Financial institution of Japan to show sights on restoration progress as Suga takes over as PM – Foreign exchange Information [...]
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