Tag: Indian rupee
Asian Currencies, Dollar Little Moved by Trump’s Fed Shakeup; Rupee Weakens
Asian currencies traded slightly higher on Thursday, showing little reaction to President Donald Trump’s attempt to dismiss Federal Reserve Governor Lisa Cook. Meanwhile, the...
Asian Currencies, Dollar Steady Ahead of Powell’s Fed Speech
Asian currencies and the U.S. dollar traded quietly on Thursday as investors awaited the Federal Reserve’s Jackson Hole symposium for signals on the future...
China’s Economic Weakness Drives Yuan Short Bets to May Levels
Bearish bets on China’s yuan climbed to their highest level since mid-May, according to a Reuters poll released Thursday. Analysts turned short on the...
