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Dollar Cedes Ground, Asia Stocks Mixed
Dollar drops vs yen, Asia stocks struggle as Fed looms
The dollar ceded some of its overnight gains on Wednesday while Asian stocks struggled as traders weighed the odds of a super-sized Federal Reserve interest rate cut later in the day. The U.S. currency dropped back sharply against the yen,
Dollar cedes overnight gains, Asia stocks mixed as Fed looms large
The chances of the Fed kicking off its easing cycle with a super-sized cut of 50 basis points (bps) oscillated in Asia, retreating to 63per cent early in the day from 67per cent around the same time on Tuesday, according to LSEG data. However, as of 0137 GMT, the odds were back at 65per cent.
Dollar dips, stocks steady as traders brace for Fed easing
The dollar ceded some of its overnight gains on Wednesday while Asian stocks put in a mixed display as traders weighed the odds of a super-sized Federal Reserve interest rate cut later in the day. The U.
WHBL
18d
ByteDance taps banks for $9.5 billion Asia dollar corporate loan, sources say
TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated corporate ...
5d
Rupee flat as oil firms' dollar bids offset impact of rise in Asia FX
The Indian rupee was little changed on Monday, wedged between oil companies' dollar demand and a rise in its Asian peers on ...
19h
Interest Rate Divergence Weakens Dollar To 17-Month Low Against Yuan: XPeng, Li Auto Among 4 Stock Movers
The U.S. dollar fell to a 17-month low against the Chinese yuan as the Fed cut rates and the PBoC held theirs, highlighting ...
21h
Consolidation Is Featured, But The Yen And Mexican Peso Are Under Pressure, While The PBOC Fixes The Dollar Lower
The Bank of Japan did not change policy at the conclusion of today's meeting, but it retained its tightening bias. Click to read.
Reuters
2d
Bullish bets steady on Asian currencies as Fed easing bets soften dollar
Most Asian currencies logged a stellar recovery in August against the
dollar
. "We do not rule out further bouts of USD ...
gulftoday
20h
Gold hits record high on weak dollar
Spot gold prices hit a record high on Friday as a weak dollar, expectations of more US interest rate cuts and tensions in the ...
4d
on MSN
‘Million Dollar Listing: India’ to Launch on SonyLIV (EXCLUSIVE)
SonyLIV is set to introduce “ Million Dollar Listing: India ,” marking the second international adaptation of the Emmy-nominated real estate reality franchise. Produced by EndemolShine India, the ...
3d
Dollar catches footing ahead of Fed
The dollar steadied on Wednesday as stronger-than-expected U.S. retail sales had traders slightly trimming bets that the U.S.
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