Japanese Yen Rallies to 4-month High on BoJ Policy Tweak, Asia FX Slips
Most Asian currencies fell slightly on Tuesday as fears of a potential recession persisted, while the Japanese yen rallied past…
Asia FX Muted, yen Supported By Bets on Eventual BoJ Pivot
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed…
Japan Extends Long Trade Deficit Run, Slow Chinese Demand Stokes Worry
Japan logged a trade deficit for a 16th straight month in November as imports surged to a record level, while…
Asia FX Mixed as Fed Caution offsets Optimism Over Slowing Inflation
Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues…
Former FTX CEO Sam Bankman-Fried Arrested in Bahamas, Extradition Expected
Sam Bankman-Fried, the former head of bankrupt cryptocurrency exchange FTX, was arrested by Bahamian authorities on Monday evening at the…
Asia FX Sinks as Caution Over Fed, CPI inflation, Boosts Dollar
Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on…
Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger
Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is…
Asia FX Rallies on China Reopening Fervor, Dollar Hits 5-Month Low
Most Asian currencies rose sharply on Monday as more Chinese cities relaxed some anti-COVID measures, while improving risk appetite and…
Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low
Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to…