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View all search resultsforex-market
Markets 4 months ago
Japan, US affirm close cooperation on currency moves
Japan and the US reaffirmed their close cooperation in dealing with exchange rate moves, including on currency intervention, Japanese Finance Minister Satsuki Katayama told reporters after a meeting in Tokyo with her US counterpart, Scott Bessent, on Tuesday.
Regulations 5 months ago
PREMIUM
BI keeps rate on hold as Iran war pressures rupiah
Bank Indonesia (BI) has left its benchmark interest rate unchanged as the United States-Israel war on Iran puts pressure on the rupiah, prompting the central bank to respond with forex market intervention and tighter foreign exchange controls.
Markets 7 months ago
Yen surges as intervention risks lurk, gold surpasses $5,000
Gold surged past US$5,000 per ounce early on Monday following a turbulent week where tensions over Greenland and Iran rattled sentiment, while markets remained on tenterhooks after a rout in bonds and violent spikes in the yen.
Markets 8 months ago
Dollar set for worst year since 2003 as rate outlooks diverge
The US dollar was headed for its worst annual performance in more than two decades on Wednesday as investors wagered the Federal Reserve would have room to cut rates further next year even as some of its peers looked set to hike.
Markets 11 months ago
Surprise rate cut, growth gambit put rupiah in crosshairs
Bank Indonesia's rate cut this week stunned markets for all the wrong reasons - investors fear the central bank is bowing to pressure from President Prabowo Subianto to juice the economy, compromising its independence and risking a rupiah sell-off.
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