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currency

Markets 3 years ago

Asia markets tumbled by recession risk, dollar strength

Asian share markets tumbled on Wednesday as surging borrowing costs intensified fears of a global recession, spooking investors into the arms of the safe-haven dollar and driving the Chinese yuan to record lows.

Academia 3 years ago

A common currency in ASEAN will benefit citizens

Under floating exchange rate regimes, currencies tend to be more volatile than is warranted by the economic fundamentals of an economy.

Markets 3 years ago

Plunging sterling pauses as investors await policy response

Sterling steadied on Tuesday, but was perched above its record low only thanks to soaring yields on British debt and the hope of a response from policymakers or politicians, with its gyrations unnerving markets to the benefit of the dollar.

Markets 3 years ago

Sterling plunges to all-time low in scathing appraisal of fiscal plan

The British pound tumbled nearly 5 percent to an all-time low on Monday as investors ran for the exits after the new government's fiscal plan threatened to stretch Britain's finances to their limits.

Markets 3 years ago

Dollar off 20-year peak as Fed headlines big central bank week

The dollar lingered near a two-decade top on major peers on Monday, ahead of a week loaded with market holidays and central bank decisions from Washington to London and Tokyo.

Markets 3 years ago

Shares slip as euro hits 20-year low on energy ills

Oil prices jumped along with the whole energy complex as a holiday in US markets made for thin trading conditions. News of more coronavirus lockdowns in China only added to the jittery mood.

Economy 3 years ago

Yen hits fresh 24-year low against US dollar

The Japanese currency weakened to its lowest level against the dollar since September 1998 after hitting 139.38 on July 14.

Markets 3 years ago

Greenback slides from two-decade peak ahead of Fed’s announcement

The US dollar edged back from near a two-decade peak against a basket of major currencies on Thursday as investors looked to a speech by Federal Reserve Chair Jerome Powell the following day for fresh clues on the path for monetary policy.

Markets 3 years ago

Dollar rebounds on hawkish Fed, euro sinks on gas woes

The US dollar hit a fresh five-week high versus major peers on Monday after more Federal Reserve officials flagged the likelihood of continued aggressive monetary tightening.

Markets 3 years ago

Dollar firm as Fed digs in for inflation fight

The dollar was on the front foot on Thursday after minutes from the Federal Reserve's July meeting pointed to US interest rates staying higher for longer to bring down inflation.

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currency

Asia markets tumbled by recession risk, dollar strength

A common currency in ASEAN will benefit citizens

Plunging sterling pauses as investors await policy response

Sterling plunges to all-time low in scathing appraisal of fiscal plan

Dollar off 20-year peak as Fed headlines big central bank week

Shares slip as euro hits 20-year low on energy ills

Yen hits fresh 24-year low against US dollar

Greenback slides from two-decade peak ahead of Fed’s announcement

Dollar rebounds on hawkish Fed, euro sinks on gas woes

Dollar firm as Fed digs in for inflation fight

follow our Social media

Your Opinion Matters

Thank You