tightening

Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips 0
- Market
- December 21, 2022
Most Asian currencies fell on Wednesday as the dollar steadied from a sharp tumble against the yen, while the Japanese currency retreated slightly from a four-month high as markets digested a surprise policy shift by the Bank of Japan. The yen fell 0.3% to 132.06 against the dollar, after rallying over 3% in the prior
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Oil Sinks Further as China COVID Concerns outweigh Tightening Supply 0
- Market
- November 17, 2022
Oil prices fell further on Thursday as increasing COVID-19 cases in China brewed more doubts over slowing crude demand, even as data showed U.S. inventories dropped far more than expected and as supply appeared to be tightening. China reported over 20,000 daily new cases this week, its highest rise in roughly seven months. While the
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ASIA FX MOVES LITTLE IN ANTICIPATION OF RED-HOT U.S. INFLATION 0
- Market, Stock Market
- October 13, 2022
Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key data that is expected to show U.S. CPI inflation stayed close to 40-year highs The Chinese yuan fell 0.1%, while the South Korean won lost 0.2%. The Japanese yen was little changed, but was close
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