Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets
by Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of …
Tag: unexpectedly
BOJ keeps Record-Low Rates Unchanged, Maintains Yield Curve Control
The Bank of Japan (BOJ) kept its benchmark interest rates unchanged as expected on Wednesday, and also maintained its current rate of yield curve control, …
Asia FX inches Higher Ahead of Powell speech, China optimism Fades
Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell, although weak economic …