Dollar cedes overnight gains, Asia stocks mixed as Fed looms large
The chances of the Fed kicking off its easing cycle with a super-sized cut of 50 basis points (bps) oscillated in Asia, retreating to 63per cent early in the day from 67per cent around the same time on Tuesday, according to LSEG data. However, as of 0137 GMT, the odds were back at 65per cent.
Asian share markets got off to a quiet start on Monday as investors braced for a data-packed week culminating in a U.S. jobs report that could decide whether a rate cut expected this month will be ...
TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated corporate ...
The U.S. dollar fell to a 17-month low against the Chinese yuan as the Fed cut rates and the PBoC held theirs, highlighting ...
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The Asian currency positioning poll is focused on what analysts and fund managers believe are the current market positions in ...
Overview: The week is winding down and the US dollar is mostly consolidating against the G10 currencies. Two exceptions stand out. First, sterling is the only G10 currency higher on the day. It ...
The Fed lowered its window for the benchmark policy rate by 50 basis points to 4.75%-5%, where traders had been leaning ...
Investing.com-- Most Asian currencies moved in a flat-to-low range on Thursday as the dollar firmed sharply after an outsized interest rate cut by the Federal Reserve was offset by less dovish signals ...
Spot gold prices hit a record high on Friday as a weak dollar, expectations of more US interest rate cuts and tensions in the ...
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