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Asia FX Weakens as Dollar Strengthens Amid Reassessment of Rate Cut Expectations

On Wednesday, most Asian currencies experienced depreciation while the dollar gained ground, prompted by remarks from Federal Reserve officials leading to a reassessment of...

Asian Currencies Weaken as Dollar Stabilizes; RBA Moderates Hawkish Tone

Asian currencies faced downward pressure on Tuesday, while the dollar found stability as market attention remained fixated on the timing of potential interest rate...

Yen Weakens Despite Intervention Threat; Aussie Slips After RBA Decision

On Tuesday, the Japanese yen extended its decline against the US dollar, influenced by substantial interest rate differentials, despite renewed warnings from Japanese authorities...

Asian Currencies Weaken as Dollar Recovers; Yen Reverses Gains

Asian currencies experienced a broad weakening on Monday as the dollar regained stability following a plunge on Friday triggered by disappointing payrolls data, which...

Dollar Steady Amid Renewed Rate Cut Speculation; Yen Retreats

The dollar maintained stability on Monday as speculation regarding potential rate cuts by the Federal Reserve resurfaced following a softer-than-expected U.S. jobs report. Meanwhile,...

Asia FX Weaken Amid Fed Meeting Anticipation; Yen Stalls Post-Suspected Intervention

Asian currencies faced downward pressure on Tuesday as market participants awaited the outcome of the Federal Reserve's meeting this week, leading to a prevailing...

Asian Currencies Weaken as Markets Await US Inflation Data; Yen Dips Amidst Limited BOJ Support

Asian currencies saw a weakening trend on Friday, while the dollar stabilized as markets awaited crucial inflation figures that are anticipated to influence the...

Asian FX Stable Amid Rate Uncertainty; Yen Breaches Intervention Level Ahead of BOJ Meeting

Asian currencies largely maintained stability on Thursday within a narrow range, while the dollar remained steady amid lingering uncertainty surrounding U.S. interest rates ahead...

Currency Market Update: Dollar Hit by PMI Data, Aussie Soars on Inflation Surprise

On Wednesday, the dollar found itself reeling from significant losses against the euro and sterling, while the yen remained entrenched near 34-year lows despite...

Asian Currencies Hold Steady Amid Awaited Rate Cues; Yen Unfazed by Intervention Concerns

Asian currencies exhibited minimal movement on Tuesday despite a slight weakening of the dollar, as traders awaited further cues on the U.S. economy and...

US Dollar Strengthens on Strong Data and Fed Comments

The dollar climbed, buoyed by a mixed bag of U.S. economic data that reinforced confidence in the country's robust economic performance. New York Fed...

Asia FX Weaken as Dollar and Yen Gain Ground Amid Iran-Israel Tensions

Most Asian currencies experienced weakness on Friday, while the dollar and the Japanese yen found support from safe-haven demand following reports of retaliatory strikes...

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