Asia FX muted as dollar nears 2-mth high; yen crosses intervention levels
Investing.com– Most Asian currencies moved little on Thursday as traders remained largely biased towards the dollar in anticipation of more key U.S. economic cues. Focus was also squarely on potential…
Japan issues fresh warnings against sharp yen falls
By Kentaro Sugiyama and Leika Kihara TOKYO (Reuters) -Japanese authorities will take necessary actions on currencies, Finance Minister Shunichi Suzuki said on Thursday, signalling readiness to intervene in the exchange-rate…
Senior Russian diplomat says US must take heed of discussions on nuclear doctrine
(Reuters) – A senior Russian diplomat, in an interview published on Thursday, urged the United States to pay attention to discussions under way on possibly altering Moscow’s nuclear doctrine to…
Oil prices dip amid dollar strength; US inventory build spurs demand fears
Investing.com– Oil prices fell in Asian trade on Thursday amid pressure from a stronger dollar as traders grew uncertain over the path of inflation and interest rates, while a surprise…
Oil prices slide on fears of slow US demand after surprise inventory build
By Yuka Obayashi TOKYO (Reuters) – Oil prices slid in early Asian trade on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the top…
Japanese yen weakens, USDJPY hits 38-year high despite intervention fears
Investing.com– The Japanese yen weakened further on Thursday, with the USDJPY pair rising to its highest points in 38 years while blowing past levels which traders believed would attract intervention…
Brazilian real’s volatility undermines foreign trade predictability, says official
RIO DE JANEIRO (Reuters) – Recent exchange rate fluctuation Brazil is damaging the country’s foreign trade predictability, said the foreign trade secretary Tatiana Prazeres on Wednesday. The Brazilian real closed…
Buy Now Pay Later Debt Could Harm U.S. Economy
Buy now pay later debt is becoming a prominent issue in the U.S. economy. As these financing options become more accessible, many consumers are turning to them for purchases. However,…
CFO Confidence Wanes Amid Fears of Consumer Demand Slump
CFO confidence is facing a significant decline as economic uncertainty grips the market. This sentiment shift among chief financial officers is becoming more pronounced, with many expressing growing concerns over…
Yen plunges to 38-year low vs dollar as markets brace for Japan intervention
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The yen sank to its lowest against the U.S. dollar in nearly 38 years on Wednesday, as wide interest rate differentials between the…
