Don’t write off the yen as a haven. It’s true that Japan’s currency has failed to break out of a relatively narrow range against the dollar in recent years — despite a trade war, tensions Read more
The yen traded slightly lower on Monday in Asia after Japan reported a much deeper economic contraction than expected. The USD/JPY pair inched up 0.1% 109.81 after the Cabinet Office reported today that Japan’s GDP in the December quarter Read more
The U.S. dollar was little changed on Tuesday in Asia ahead of Federal Reserve Chairman Jerome Powell’s speeches due later this week. The U.S. Dollar Index that tracks the greenback against other currencies last traded 98.748, up Read more
The Chinese yuan was flat on Friday in Asia as the World Health Organization (WHO) said China could “reverse the tide” and control the virus outbreak. The USD/CNY pair was unchanged at 6.9364 by 1:06 AM ET (05:06 GMT). Read more
The U.S. dollar inched up on Thursday in Asia after the Federal Reserve said it will hold its benchmark rates steady as expected. The U.S. dollar index inched up 0.1% to 97.875 by 1:20 AM Read more
The dollar and the Chinese yuan remained steady a day after China and the U.S. signed a phase one trade deal aimed at easing tensions between the two largest economies in the world. The signing of the Read more
The safe-haven yen held firm and riskier Asian currencies softened a little on Wednesday, as currency investors awaited the signing of the U.S.-China trade deal with trepidation. The formal agreement is aimed at drawing a Read more
The yuan rose while the safe-haven yen fell on Tuesday in Asia as trade tensions between the U.S. and China eased. The USD/CNY pair fell 0.3% to 6.8743 by 11:45 PM ET (03:45 GMT). Just two days Read more
The U.S. dollar was near flat on Tuesday in Asia as traders remained cautious about situation in the Middle East. The U.S. Dollar Index that tracks the greenback against a basket of other currencies last traded at Read more
The British pound fell on Wednesday in Asia as Brexit risks blew up again. The GBP/USD pair fell 0.2% to 1.3098 after falling more than 1% in the previous session. Risks of a no-deal Brexit resurfaced again Read more
