
Asia FX under pressure as weak Chinese data, hawkish Fed weigh
By Ambar Warrick Investing.com — Most Asian currencies moved in a flat-to-low range on Thursday, coming under pressure from softer-than-expected Chinese inflation data, while persistent concerns over rising U.S. interest rates and a hawkish Federal Reserve also weighed. The Chinese yuan fell 0.2% and was among the worst performers for the day after consumer and…