Most Asian currencies strengthened slightly against USD in the early morning session on hopes for Fed rate cuts which would bolster appetite for risky assets.
Most Asian currencies drifted in a
narrow range on Friday but were set for monthly gains, while
shares rose as investors awaited key U.S. inflation data for
clues on global interest rates. The.
Most Asian currencies moved in a
narrow range on Friday but were set for monthly gains, while
shares rose as investors awaited a key U.S. inflation reading
for clues on global interest rates. . -May 31, 2024 at 03:49 am EDT
- MarketScreener
Most emerging Asian assets traded in the red on
Thursday, after the dollar reigned supreme driven by higher U.S. Treasury
yields, while investors braced for U.S. inflation data that could decide.