Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
USD/CNY hit three-week high on Wednesday as investors remained cautious ahead of further developments in tense global trade ...
Asia-Pacific markets mixed on Wednesday as Wall Street saw a subdued session overnight ahead of key inflation data after Fed Chair Jerome Powell reiterated that the central bank is ...
The Donald Trump administration has advocated for stablecoins development instead of a Federal CBDC akin to China’s Digital Yuan (e-CNY).
Broader Asian currencies kept to a tight range, especially after the Fed’s Powell said in a Tuesday testimony that the ...
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1710 as ...
Looking at the USD in particular, the market perception is that compared to 2018-19, there is no tariff premium priced in.
Trump on Monday evening signed executive orders imposing 25% tariffs on all imports of steel and aluminum. He also flagged ...
As of 4:37 pm, USD/CNY in the night session fell 15 bps. Meanwhile, USD/CNH declined 1 bp to 7.3076, trading 15 bps lower ...
United Overseas Bank (UOB) forecasts that the USD/VND exchange rate will increase to 26,000 this year amid global risks ...
However, in February, President Trump renewed threats of punitive tariffs against major trading partners, including Canada, ...
Emerging market currencies are not as resilient, and only a few from Central Europe are firmer. Click to read.