Category: 8mth
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Asia FX firms with yen near 8-mth high; dollar down on rate cut bets By Investing.com
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Asian currencies rose on Friday, while the dollar fell as markets bet the Federal Reserve will begin an easing cycle starting next week, with the focus squarely on the scope of a potential interest rate cut. The Japanese yen was the best performer among its Asian counterparts, approaching its strongest…
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Asia FX firms, yen at 8-mth peak as dollar retreats after presidential debate By Investing.com
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Most Asian currencies rose on Wednesday as the dollar weakened in the wake of a heated U.S. presidential debate, with focus shifting to key inflation data due later in the day. The Japanese yen was among the biggest beneficiaries of the trade, with safe-haven demand after the discussion sending the…