Stay updated with breaking news from Forex. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
MOSCOW: Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday that it was “extremely hard to believe” that Daesh would have had the capacity to launch an attack on a Moscow concert hall last Friday that killed at least 140 people. At a briefing with reporters, Zakharova instead doubled down on Moscow’s assertions, for which it has not yet provided...
UNITED NATIONS: UN humanitarian chief Martin Griffiths is stepping down for health reasons after nearly three years of trying to tackle mounting humanitarian crises in Ukraine, Gaza and Africa, the United Nations announced Monday. UN Secretary-General António Guterres praised Griffiths “for his tremendous leadership and service to the United Nations and the humanitarian community in advocating for people affected by...
Three-month yen basis swaps, which indicate decreasing demand for hedging the more they rise, closed last week at their highest level since January 2022.
Most equities in emerging Asia advanced on Tuesday, led by strong performances in Singapore and South Korea, while currencies remained largely subdued as traders were uncertain about the timing of U.S. interest rate cuts.
'The current weakening of the yen is not in line with fundamentals and is clearly driven by speculation,” Masato Kanda said.