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Asian Currencies

Chinese yuan, rupee lead gains as risk appetite returns

Chinese yuan, rupee lead gains as risk appetite returns

Mon, Aug 20, 2018

In Asia, emerging market currencies recovered from a widespread sell-off last week, brushing off the fallout from the collapse in Turkey`s lira. Turkish markets are closed for much of this week, although the lira was lower despite a mild recovery last week.

Beware! Investors raising shorts on emerging market currencies

Beware! Investors raising shorts on emerging market currencies

Thu, Jul 26, 2018

Asian currencies have been hobbled in the past two weeks as the U.S. dollar firmed due to more clarity on the Federal Reserve`s rate stance and as trade war ructions caused capital to depart from the region. The number of Americans filing for unemployment benefits dropped to a more than 48-1/2-year low for the week ended July 14 as the labor market strengthens further.

Asian stocks set for a rough ride as geopolitical risks rise

Asian stocks set for a rough ride as geopolitical risks rise

Mon, Apr 10, 2017

Asian stocks started the week on a cautious footing on Monday as increased geopolitical risks prompted investors to favour safe-haven bets such as government debt while the dollar benefited from comments from a U.S. central banker.

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