Wall Street Sees No End to Yuan Losses Despite Beijing Pushback
While Beijing moves to stabilize the yuan, Wall Street still sees plenty of room for the Chinese currency
2023-08-22 08:49
Lira Lifesaver Became $124 Billion Gamble That Haunts Turkey
As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised
2023-08-21 17:57
Rupee Outperforms EM Asia Peers Even as It Nears Record Low
The Indian rupee is within a whisker of a record low, but it’s still a favored emerging-market currency
2023-08-21 13:55
China Targets Yuan Bears With Most Forceful Fixing Guidance Ever
China delivered its strongest ever pushback against a weaker yuan via its daily reference rate, as it sought
2023-08-18 09:53
Currency Traders Hang on Every Word as Tokyo Jawbones Yen
Traders are scrutinizing every word from Japanese currency officials with renewed intensity as nine straight days of declines
2023-08-17 16:16
Yen Slumps to 2023 Low as Japan Intervention Debate Intensifies
The yen slumped on Wednesday to levels that saw Japan intervene in the currency market last year amid
2023-08-16 23:48
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September as yield
2023-08-15 11:19
Ruble Crashes Through 100 Per Dollar Despite Central Bank’s Move
The ruble broke through the psychologically important level of 100 to the dollar for the first time since
2023-08-14 14:18
Embattled Peso Seeks Relief as Philippines to Weigh Rate Hike
A rebound in the dollar has hit the peso harder than most of its peers and the losses
2023-08-14 11:52
Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
Hedge funds turned the most bullish on the Australian dollar than they’ve been at any point this year,
2023-08-14 11:20
Yen Dips to Weakest Since 2008 Against Euro, Eyes 145 Per Dollar
The yen fell to the weakest against the euro since 2008 on Thursday, extending losses after tame US
2023-08-10 23:28
Record Egypt Inflation Quickens Again as Pound Devaluation Looms
Egyptian inflation accelerated to another record high, with a new surge in food costs heaping more pressures on
2023-08-10 13:52