Japan FinMin Suzuki: Excessive FX Moves Aren’t Desirable
Japan FinMin Suzuki: Excessive FX Moves Aren’t Desirable Following are the latest moves of the key assets:
Japan FinMin Suzuki: Excessive FX Moves Aren’t Desirable Following are the latest moves of the key assets:
US Dollar Credit Supply: Relatively low supply seen in August US Dollar Credit SupplyRelatively low supply seen in AugustYTD corporate supply now sits at US$500bn of the US$650bn forecast for the year• Supply in August totalled US$35bn, lower than previous year’s level. Although this ishigher than June’s supply and, more Read more…
Buoyant US dollar on course for its longest weekly winning streak since 2014 By Rae Wee SINGAPORE, Sept 8 (Reuters) – The dollar was headed for its longest weekly winning streak in nine years on Friday, bolstered by a resilient run of U.S. economic data that has also put the end of Read more…
Exness reports eye-popping $4.5 trillion in August volumes FX trading volumes are climbing again as economic uncertainty spurred by uncomfortably high inflation and central banks’ policies encouraged speculators to pile back into the market. The busiest August for FX broker Exness had set its highest monthly volumes on record. Total Read more…
Offshore Yuan Sinks Toward Record Low After China Cuts Fixing The offshore yuan weakened toward its lowest on record against the dollar, as a cut to the daily reference rate for the managed currency stoked bets China is comfortable with a gradual depreciation. China’s currency declined to about 7.36 per Read more…
ECB’s Hike-or-Pause Dilemma Going Down to the Wire, Poll Shows Economists see the European Central Bank lifting interest rates one last time to tame inflation — they’re just not sure it will happen next week. A Bloomberg survey shows an almost even split between those anticipating a 10th consecutive hike Read more…
Fed Might Have to Raise Rates More, Pimco’s Wilding Says if you know the labor market the unemployment rate is still at at these levels kind of three five to three eight you know it’s possible the fed you know might even have to do more. Following are the latest Read more…
The two-month Pound correction is not over yet Business activity in the UK is losing ground, as is the case in Europe and China, although the final reading for August saw the services PMI rise to 49.5 from the first estimate of 48.7. According to today’s PMI, the services sector Read more…
Japan Top Currency Diplomat Kanda: FX Moves Should Reflect Fundamentals; Seeing Speculative Moves in FX; Watching FX with High Sense of Urgency Australia’s economy maintained its momentum in the three months through June, with the expansion underpinned by exports and sectors less impacted by the Reserve Bank’s 12 interest-rate increases. Read more…
From bnnbloomberg.ca Bank of Canada Poised to Hold Rates at 5% But Threaten More Hikes From bnnbloomberg.ca Bank of Canada Poised to Hold Rates at 5% But Threaten More Hikes From bnnbloomberg.ca Bank of Canada Poised to Hold Rates at 5% But Threaten More Hikes From bnnbloomberg.ca Bank of Canada Read more…