HONG KONG: The euro held at a one-month high against the dollar on Thursday, having rallied on hopes the war in Ukraine might be entering a new de-escalating phase, while the yen was set for its worst month since November 2016. The European single currency was at $1.1175 holding its highest in a month, having … Read more
SINGAPORE: The yen fought for a footing on Tuesday, following its worst session in 16 months, as the Bank of Japan pins down bond yields at a time when they are rising sharply in the rest of the world. The Japanese currency fell as much as 2.4% to 125.10 to the dollar overnight, its lowest … Read more
HONG KONG: The Japanese yen resumed its slide on Monday morning, after the Bank of Japan stepped into the market to defend its implicit yield cap, and bitcoin rose to nearly its highest this year ahead of a week filled with plenty of data to guide markets. The yen fell to as low as 122.78 … Read more
SINGAPORE: The euro was weighed down on Thursday after a U.S. official said Russia was increasing troop numbers near its border with Ukraine rather than withdrawing, offsetting a boost it had caught overnight from a modest retreat in U.S. rate hike expectations. The standoff on Europe’s eastern edge is one of the deepest crises in … Read more