Asian Currencies Flat as Strong Dollar Prevails
Asian currencies steady as strong U.S. inflation data supports a firm dollar; smaller Fed rate cut expected.
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Asian currencies steady as strong U.S. inflation data supports a firm dollar; smaller Fed rate cut expected.
UBS advises selling USD gains, citing medium-term weakness, while GBP shows potential for strength. CHF remains supported.
UBS downgrades long-term USD targets, recommends fading any strength due to expected structural weakness into 2025.
Inflation eases to 3.5% in July in Australia, yet underlying pressures suggest interest rates may remain steady.
Dollar and yen gain as Middle East tensions drive investors to safe-haven assets, impacting global currency markets.
Westpac's Q3 profit steady as capital earnings offset rising costs, despite high interest rates impacting loans.
Asian currencies rise on positive US, China data, easing recession fears, while yen faces pressure amid improved risk appetite.
The yen declines after US jobless claims drop, easing recession fears and impacting global currency dynamics.
The dollar steadies against the yen, reversing recent losses, as market volatility eases and investors reassess carry trades.
Qatar Airways eyes a 20% stake in Virgin Australia, aiming to shake up the Australian market dominated by Qantas. Official ...
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