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Peso nears key ₧57 level, raising risk of FX defense • BusinessMirror - Vimarsana News

Peso nears key ₧57 level, raising risk of FX defense • BusinessMirror

AN under-pressure Philippine peso is making its third attempt since August to breach a key trigger point for central bank intervention, as broad gains in the dollar reduced the appeal of Asian assets. The currency slid to as weak as 56.98 per dollar last Wednesday, within a whisker of the closely-watched 57 level. Earlier this

Most Asian Currencies Weaken After Fed Signals Rates Will Stay Higher for Longer - Vimarsana News

Most Asian Currencies Weaken After Fed Signals Rates Will Stay Higher for Longer

0138 GMT — Most Asian currencies weaken against USD in the morning session after the Fed signals rates will stay higher for longer, boosting the appeal of…

Source: biztoc.com
EMEA Morning Briefing: Shares Seen Lower Ahead of BOE Rate Decision -September 21, 2023 at 12:16 am EDT - Vimarsana News

EMEA Morning Briefing: Shares Seen Lower Ahead of BOE Rate Decision -September 21, 2023 at 12:16 am EDT

MARKET WRAPS Watch For: EU Flash consumer confidence indicator; U.K. BOE interest rate decision, Public sector finances; France Business sentiment index; trading updates from JD Sports...

Asian Currencies Consolidate Ahead of FOMC Meeting Outcome - Vimarsana News

Asian Currencies Consolidate Ahead of FOMC Meeting Outcome

0221 GMT — Asian currencies consolidate against USD in the morning session ahead of the FOMC meeting outcome later in the day. The markets will probably focus…

Source: biztoc.com
Most Asian Currencies Strengthen Amid Risk-on Mood - Vimarsana News

Most Asian Currencies Strengthen Amid Risk-on Mood

0214 GMT — Most Asian currencies strengthen against the dollar in the morning session amid a risk-on mood spurred by gains across most regional equity…

Source: biztoc.com