Sign Up
Stories
Asian Currencies React to Dollar Fall
Share
Asia Markets React to Central Bank Decis...
Asia Markets' Weekly Focus
Asia Markets' Weekly Outlook
ASML AGM 2024 Results Unveiled
Anticipation of Economic Events
Asia FX Weakens as Dollar Stays Strong
Overview
API
Asian currencies remain steady as the dollar falls amid rate-cut uncertainty, impacting regional currencies. The yen rises as data shows inflation in Tokyo falling closer to the Bank of Japan's target range. The Australian dollar rises due to a significant jump in retail sales in November. The Chinese yuan falls amidst little signs of improving sentiment, while the South Korean won treads water before a Bank of Korea meeting. The dollar index and dollar index futures steady in Asian trade, with Federal Reserve officials pushing back on early policy easing expectations.
Ask a question
How do economic readings from Asia influence global market trends and investor sentiment?
How might the fall in the dollar impact international trade and investment?
What strategies could Asian central banks employ to mitigate the effects of the dollar's fall on their currencies?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Coverage