Carry trade, commodities make EM currencies more stable than G7
Weaker US dollar and expectations for gradual Federal Reserve easing have reduced pressure on developing markets GING market currencies are proving more stable than those in…
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currencies
As the greenback dives, one of Asia-Pacific’s top-performing currencies is trouncing the Singdollar
The Australian dollar surges to its strongest position against the American currency in over two years The US dollar skidded to a four-year low on Wednesday (Jan 28), sparking a broad…
India’s central bank proposes linking Brics’ digital currencies: sources
US President Donald Trump has previously said the bloc alliance is “anti-American” and he threatened to impose tariffs on its members [MUMBAI/NEW DELHI] India’s central bank has proposed…
US-China friction sends Asian currencies to five-month low
The risk-off sentiment has extended beyond currency markets, with regional stocks also slumping Asian currencies slipped to the weakest levels since May as renewed trade tensions between…
H&M Q3 Sales Rise 2% in Local Currencies Despite Store Closures
PARIS – Swedish fast fashion giant H&M reported a 40 percent jump in operating profit for the third quarter, driven by an improved customer offering, better gross margin and tight cost…
Yuan’s gradual advance may offer boost to emerging currencies
CHINA’S new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market (EM) currencies, as investors brace themselves for lower US interest rates.…
China weighs expanding digital currencies globally with a yuan stablecoin
China has been expanding the use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the…
South-east Asia’s key currencies set to strengthen in H2 2025 despite rate cuts
Investors are expected to favour major South-east Asian currencies, with economists projecting continued gains against the US dollar through the year – even as regional central banks…
Vietnamese dong drops to record low as Asian currencies weaken
The Vietnamese dong fell, dropping below a record low it touched in April, as Asian currencies declined following a report that the US is preparing for a possible strike on Iran.…
Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions
Chocolate confectioner Delfi ran up a 27.2 per cent drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) to US$17 million in the first quarter ended Mar 31, down…
Asian banks see big boost to wealth business as currencies rally
A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US dollar-denominated assets and demand for hedging grows amid trade…
Singapore dollar surges against US dollar as Asia currencies rally on trade hopes
Asian currencies rallied on Monday (May 5) on hopes of a thaw in the US-China trade war and regional tariff deals with the Trump administration. Taiwan led the charge, with its currency…
US dollar’s decline is fuelling dislocations across Asian currencies
Asian currencies turbocharged by US dollar weakness are attaining rarely seen superlatives and triggering central bank intervention to curb excessive gains. The Hong Kong Monetary…
Asian currencies face renewed headwinds as tariff fears escalate
THE outlook for emerging Asian currencies is worsening again after US President Donald Trump announced new tariffs on China, curbing optimism that his threats were mainly bargaining ploys.…
Emerging market currencies get relief rally from softening Trump threats
Emerging-market (EM) currencies climbed during the first week of Donald Trump’s second term, helped by a softer-than-expected rollout of US tariffs and the absence of new levies on Chinese…
Fed’s hawkish tilt has emerging markets scurrying to save currencies
CENTRAL banks from Brazil to Indonesia scrambled to defend their struggling currencies on Thursday (Dec 19), hours after the Federal Reserve jolted markets by indicating it may not cut…
Investors rush into safe-haven currencies after Kremlin nuclear doctrine
INVESTORS rushed into safe-haven currencies, including the US dollar, the Swiss franc and the yen, after a warning from Russia over its updated nuclear doctrine. President Vladimir Putin…
Quick takes: What Trump’s win means for Asia markets, currencies and interest rates
MANY parts of global markets rallied massively as Donald Trump decisively won the US election on Wednesday (Nov 6). US stocks soared, the dollar strengthened against many major currencies,…
AI model is better at pricing currencies than humans: ING
ING Groep is starting to use artificial intelligence to price currencies, replacing a job traditionally performed manually by the bank’s traders. The Dutch lender’s new AI model employs…