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China Pledges to Steady Yuan as Asian Currencies Come Under Pressure
The Wall Street Journal· 1 month agoChina’s central bank reiterated its commitment to a stable yuan, joining the chorus of Asian...
CAD Weakening Risks Restraining Bank Of Canada’s Rate-Cut Outlook
The Wall Street Journal· 3 weeks agoNEWSPLUS 1402 ET – Canadian-dollar weakening could restrain the Bank of Canada from cutting rates...
Singapore steps up inflation fight with surprise central bank tightening
Reuters via Yahoo Finance· 2 years agoSINGAPORE (Reuters) -Singapore's central bank tightened its monetary policy on Thursday, in an...
CORRECTED-China's yuan hits 28-month low despite fresh policy step, nears daily down-limit
Reuters via Yahoo Finance· 2 years agoThe People's Bank of China (PBOC) said it would raise the foreign exchange risk reserves for financial institutions when purchasing FX through currency forwards to 20% from the current zero, ...
The WSJ Dollar Index Rises
The Wall Street Journal· 2 weeks ago0821 ET – Economist David Rosenberg says the Canadian dollar is in a bear market, weakened by what he describes as a “relentless decay” in the economy’s...
Asia posts biggest 6-month drop in FX reserves since 2015-16
Reuters via Yahoo Finance· 2 years agoForeign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to policymakers' determination to defend currencies facing persistent downward pressure ...
Financial Services Roundup: Market Talk
The Wall Street Journal· 4 weeks agoNEWSPLUS The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1552 ET – SPDR Gold...
Yuan falls to lowest since 2008 global crisis, despite state bank support
Reuters via Yahoo Finance· 2 years agoChina's yuan fell on Friday to its weakest level against the dollar since the global financial...
Yuan ends domestic session at weakest since 2007 as outflow pressure builds
Reuters via Yahoo Finance· 9 months agoChina's yuan finished the domestic session on Friday at its weakest since the global financial...
UPDATE 3-Singapore keeps monetary policy unchanged, increases review frequency
Reuters via Yahoo Finance· 7 months agoSingapore's central bank on Friday kept monetary settings unchanged as inflation in the city-state moderated and economic growth beat expectations. In a move that surprised economists, the Monetary ...