Wall Street Shreds Yen Playbook as US Rates Add to Currency Pain
A chasm is opening up on Wall Street over the direction of the yen. On the one side:
1970-01-01 08:00
Traders Puzzled Why RBI Spends Billions Fighting Stronger Dollar
For the most part of this year, betting against the rupee has been a fool’s errand. Traders are
1970-01-01 08:00
Yen Hovers Just Shy of 150 Level as Intervention Threat Weighs
The yen is nearing a key psychological level of 150 against the dollar after the yield gap with
1970-01-01 08:00
Dollar Heads for Longest Losing Streak Since 2020 Before US CPI
A gauge of the dollar is set for the longest run of losses in over three years, leaving
1970-01-01 08:00
Traders Spurn Thailand’s $15 Billion Handout in Test for Srettha
Pressure is growing from financial markets for Thailand’s premier to change course on his blockbuster spending plan as
1970-01-01 08:00
Singapore Dollar’s Heydays Seen Numbered as Exports Lose Steam
The Singapore dollar has held up fairly well against the stronger greenback this year but its resilience may
1970-01-01 08:00
Egypt Downgraded by Moody’s on Dwindling Policy Options
Egypt’s credit score was downgraded by Moody’s Investors Service to one of the lowest rungs of speculative grade
1970-01-01 08:00
Forex Pile Remains Asia’s First Defense Versus Relentless Dollar
The dollar’s recent rally has been relentless. But Asia’s central banks have the firepower to limit the fallout.
1970-01-01 08:00
Yen Surges From Weakest Level in a Year Amid Intervention Talk
The yen surged from the weakest levels in a year amid speculation that Japanese officials were acting to
1970-01-01 08:00
Turkey’s Inflation Tops 61% as Surging Oil Prices Worsen Outlook
Turkish inflation accelerated in line with forecasts to exceed 61% for the first time this year as higher
1970-01-01 08:00
Morgan Stanley Turns Bearish on Egypt, Warns Risks Building
Morgan Stanley is turning bearish on Egypt as the cash-strapped nation faces what the US bank called “mounting
1970-01-01 08:00
Asia’s Last Holdout Against Strong Dollar Falls
Asia’s last currency standing against the dollar this year has fallen, with the rupiah joining regional peers to
1970-01-01 08:00