Asian currencies mostly weaken against the dollar in the morning session ahead of the three-day Jackson Hole symposium that starts Thursday.
Traders are seemingly squaring their books ahead of Fed Chair Powell's speech at the symposium on Friday, StoneX's Matt Simpson says in a commentary. This could prove to be a volatile event, given Jackson Hole has been used as a platform for the Fed to outline longer-term policy adjustments, the senior market analyst says.
USD/KRW rises 0.3% to 1,397.00, USD/THB adds 0.2% to 32.61, and AUD/USD edges 0.1% lower to 0.6444, LSEG data show.
Source: Dow Jones Newswires
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note around 98.30 during the Asian trading hours on Wedn...
The dollar was mixed on Tuesday as traders awaited the Federal Reserve's Jackson Hole Economic Policy Symposium later this week for further clues on U.S. interest rate policy. A speech on Friday by F...
The dollar index climbed above 98.2 on Tuesday, extending the previous session's gains as investors focused on a pivotal summit between President Donald Trump and European leaders aimed at ending the ...
The dollar strengthened on Monday (August 18th) ahead of a meeting between US President Donald Trump and his counterparts from Ukraine and Europe, while attention was also focused on the Federal Reser...
The dollar steadied on Monday ahead of a key meeting between U.S. President Donald Trump and his Ukrainian counterpart Volodymyr Zelenskiy, while investors also looked ahead to the Federal Reserve's J...
Equities in Hong Kong dropped 105 points or 0.4% to 25,019 in Wednesday morning trade, slipping for the fifth session after a tech-led selloff on Wall Street ahead of the Fed's July meeting minutes and the Jackson Hole meeting. Sentiment remained...
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note around 98.30 during the Asian trading hours on Wednesday. Diminishing odds for a more aggressive...
Asian currencies mostly weaken against the dollar in the morning session ahead of the three-day Jackson Hole symposium that starts Thursday. Traders are seemingly squaring their books ahead of Fed Chair Powell's speech at the symposium on Friday,...
Federal Reserve Chairman Jerome Powell is set to speak at the annual central bank symposium this week amid growing bets that a rate cut is nearly...
The Trump administration has expanded its 50% tariffs on steel and aluminum imports to cover hundreds of additional products. In a Federal Register...
Asia-Pacific markets traded mixed Monday , after the U.S.-Russia summit concluded without a ceasefire.
Japan's Nikkei 225 benchmark rose 0.62%,...
The S&P 500 ended slightly lower Monday, as investors digested a meeting between Ukraine President Volodymyr Zelensky and U.S. President Donald...