By Ambar Warrick Investing.com — Most Asian currencies rose sharply on Thursday, while the dollar fell to a seven-week low after the Federal Reserve raised interest rates but hinted at a potential pause in its tightening cycle, although rates are likely to remain higher for longer. China’s yuan surged 0.7%, while the South Korean won…
By Ambar Warrick Investing.com — Most Asian currencies fell on Monday and the dollar rose as markets hunkered down ahead of a Federal Reserve meeting this week, while fears of a banking crisis kept sentiment on edge despite government measures to assuage market concerns. The Chinese yuan fell 0.2% after the People’s Bank unexpectedly cut…
By Ambar Warrick Investing.com — Most Asian currencies fell on Friday as markets turned cautious ahead of key U.S. labor market data due later in the day, while the Japanese yen fell after the Bank of Japan maintained its ultra-dovish stance. The yen sank 0.4%, sticking close to its lowest levels for the year after…