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Property giant China Evergrande, in a letter to local authorities in 2020, had said that the cash crunch could lead to huge financial and social risks. It had mentioned that two million buyers might protest over their 600,000-odd unfinished apartments in the coming years. And this is what has started happening now. ....
The intraday USD selling picked up pace in the last hour and pushed the AUD/USD pair to fresh daily tops, around the 0.7360 region. The US dollar witn ....
The USD/JPY pair reversed an intraday dip and climbed back above mid-113.00s, closer to the top end of its daily trading range during the early Europe ....
The AUD/USD pair built on its steady intraday ascent and climbed to the 0.7365 region, back closer to four-week tops during the early part of the Euro ....
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