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June 16, 2025
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Posted 14/06/2024

Saudi Arabia Opts Out of 50-Year Petrodollar Deal with US, Paving the Way for Diversified Currency Usage

Saudi Arabia has made the strategic decision to not renew its long-standing 50-year petrodollar...

Posted 29/04/2024

Japanese Authorities Allegedly Intervene in Currency Market amid Yen Volatility

Questions were raised on a sharp strengthening of Japanese yen in late morning to...

Posted 29/04/2024

Japanese Yen Weakens to 160 Against Dollar, Lowest Level since April 1990

In Monday morning trading in Asia, the Japanese yen has depreciated to 160 against...

Posted 10/01/2024

Korean Won Remains Strong against Greenback despite Pressure from Bond Yields above 4%

The following table shows rates for major Asian currencies against the US dollar as...

Posted 15/12/2023

Thai Baht Extends Gain against Greenback as Markets Lose Interests in Dollars

Thai baht continued to strengthen against the greenback on Friday after gaining over 1.8%...

Posted 04/10/2023

Traders Believe Japanese Policymakers Intervene FX Market after Yen Breaks 150 Level

The Japanese yen briefly weakened to 150 per US dollar yesterday, the first time...

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