CURRENCIES

EMERGING MARKETS-Stocks, currencies rise as bond yields dip on U.S. inflation data | Yahoo Finance

Falling world bond yields helped carry rising market currencies and shares on Wednesday, with Russia’s rouble extending positive aspects on hopes of easing tensions between Moscow and Washington over Ukraine. The rouble rose 0.4%, having marked its greatest day in 5 months on Tuesday after a telephone name between U.S. President Joe Biden and Russian President Vladimir Putin, which the Kremlin mentioned was a proposal to normalise ties. Simmering tensions over jap Ukraine had pushed the rouble right down to five-month lows over the previous couple of weeks on fears of Western sanctions towards Moscow over army motion.

Read More

EMERGING MARKETS-Singapore dollar, South Korea's won lead Asian currencies higher | Reuters

The next desk exhibits charges for Asian currencies in opposition to the greenback at 0208 GMT. Foreign money Newest bid Earlier day Pct Transfer Japan yen 108.860 109.05 +0.17 Sing dlr 1.339 1.3411 +0.17 Taiwan dlr 28.436 28.465 +0.10 Korean gained 1122.100 1125.9 +0.34 Peso 48.515 48.56 +0.09…

Read More

JPMorgan downgrades emerging market currencies to 'underweight' | Reuters

Funding financial institution JPMorgan really useful promoting rising market currencies on Tuesday, finishing a 180-degree pivot from the beginning of the 12 months when it was backing them to have an excellent run.

Read More

JPMorgan downgrades emerging market currencies to 'underweight' | Yahoo Finance

Funding financial institution JPMorgan really useful promoting rising market currencies on Tuesday, finishing a 180-degree pivot from the beginning of the yr when it was backing them to have a very good run. After forecasts of a robust run for rising currencies at first of the yr, many massive banks have since turned extra bearish as rising U.S. charges, COVID-19 worries and idiosyncratic dangers besetting Turkey and Russia weigh on sentiment. MSCI’s index of rising market currencies was down round 2% from ranges hit two months in the past.

Read More

EMERGING MARKETS-Most Asian currencies flat, S. Korean won edges lower | Reuters

The next desk exhibits charges for Asian currencies in opposition to the greenback at 0207 GMT. Foreign money Newest bid Earlier day Pct Transfer Japan yen 109.570 109.37 -0.18 Sing dlr 1.341 1.3408 +0.00 Taiwan dlr 28.445 28.459 +0.05 Korean received 1125.800 1124.9 -0.08 Peso 48.528 48.54 +0.02…

Read More

Is China Setting The Future Agenda For Central Bank Digital Currencies? | Moneycontrol.com

The Chinese language policymakers realise that even when China is on high of the world financial order, it’s extremely probably that the USD will preserve its dominance

Read More

error:
Scroll to Top