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Posted 22/09/2022

Japan Officially Intervenes FX Market to Save Yen from Sliding Further

Japan has confirmed its intervention in the currency markets for the first time since...

Posted 21/09/2022

Dollar Rises as Russia Sends More Troops to Ukraine, Fed Meeting Looms

The US dollar climbed near a 20-year high in early European trading Wednesday, as...

Posted 16/09/2022

Sterling Drops to 37-Year Low as European Markets Retreat Further

Sterling dropped to the lowest level in 37 years, dominated by strong dollars on...

Posted 08/09/2022

Sterling Drops to Near 40-Year Low amid Concerns of Truss’ Plan to Bail Energy Crisis

Sterling on Wednesday plummeted to its lowest level against the U.S. dollar in nearly...

Posted 07/09/2022

Asian Currencies Depreciate Further Against Dollar as Investors Bet on Fed’s Big Rate Hike

Asian currencies continued to depreciate against the greenback after the Dollar Index resumed the...

Posted 06/09/2022

China Sets Yuan Rate below 6.9 per Dollar, Its Lowest Since 2020

The People’s Bank of China fixed the yuan's daily reference rate at 6.9096 per...

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