Page 104 - Forex News Today

The talks took place after the dollars recent ascent above ¥145, a level that last September triggered Japans first yen-buying operation since 1998.

KUALA LUMPUR: The ringgit ended flat against the US dollar for the second consecutive day today, due to a lack of new catalysts, said an analyst.

Argentina needs a recession - not dollarization - to fix its plunging currency, according to Robin Brooks, chief economist at the Institute of International Finance.

SINGAPORE, Aug 21 — The dollar began on a firm footing today, following five straight weeks of gains, as investors looked ahead to Federal Reserve’s Jackson Hole symposium for...

KUALA LUMPUR: The ringgit ended flat against the US dollar today with the local note tracking the Chinese yuan’s weakness as China’s latest stimulus measures fell below expectations, said an analyst.

KUALA LUMPUR: The ringgit opened little changed against the US dollar this morning as sentiments were mixed in light of the United States’ (US) thriving economy and China’s wobbling economy, said an analyst.

ASIAN currencies edged lower, while stocks were mixed on Monday after China surprised markets with a modest cut in lending rates, while Thailand's economy grew at a much slower-than-expected pace.

How to Really Get RICH - Change the Way You THINK! :: The Market Oracle ::

"The recent decline and volatility in the Chinese Yuan, the Russian Ruble, and to a lesser extent the Argentine Peso, will only add further challenges to the idea of de-dollarization," an analyst told Insider.

Forex traders said the rupee is likely to trade with a negative bias on risk aversion in global markets and a rising US dollar.