Page 2 - Forex News Today

BANJUL, The Gambia: Saudi Arabia’s Foreign Minister Prince Faisal Bin Farhan reaffirmed on Saturday the Kingdom’s call for an immediate and lasting ceasefire in Gaza, safe humanitarian corridors, and the fulfillment of Palestinians’ legitimate rights, including their right to self-determination and an independent state. Prince Faisal, who was speciaking at the 15th Islamic Summit Conference in The Gambia, also called for restructuring, developing,...

KUALA LUMPUR: The ringgit extended its positive performance to close higher against the US dollar on Friday in line with the positive momentum in regional currencies as more investors shifted from safe haven currencies, a dealer said.

Forex traders said a massive selling in the domestic equity market and outflow of foreign funds capped the gains in the local currency

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The yen advanced more than 3% and hit ¥153.04 per dollar as more than $4 billion of yen-related futures were exchanged.

TOKYO: Japanese authorities likely intervened in the currency market to signal they see ¥160 to the dollar as their line in the sand, Columbia University academic and former finance ministry executive Takatoshi Ito told Reuters on Thursday. "Intervention is effective if conducted in a timely manner," said