SINGAPORE/SHANGHAI, May 6 (Reuters) - A wave of dollar selling in Asia is an ominous sign for the greenback as the world's export powerhouse starts to question a decades-long trend of investing its ...
PHUKET: Lion Currency Exchange officially opened its fourth branch and first flagship outlet on the 4th floor of Central ...
The US dollar is having its worst year in decades. While stocks have recovered from their April lows and demand for bonds has been relatively steady, the dollar has continued a precipitous decline.
SINGAPORE (Bloomberg): Asian currencies rallied on Monday (May 5) on hopes of a thaw in the US-China trade war and regional tariff deals with the Trump administration. Taiwan led the charge, with its ...
The dollar’s descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens. The ...
HONG KONG – Hong Kong’s de facto central bank spent more than a billion dollars propping up the city’s exchange rate, as it sought to defend a currency peg that has been strained by volatility in the ...
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