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  • Asia FX Rallies on China Reopening Fervor, Dollar Hits 5-Month Low

    Asia FX Rallies on China Reopening Fervor, Dollar Hits 5-Month Low0

    Most Asian currencies rose sharply on Monday as more Chinese cities relaxed some anti-COVID measures, while improving risk appetite and expectations of smaller rate hikes saw the dollar sink to an over five-month low. The yuan was the best performer for the day, rising 0.9% to 6.9628- its strongest level against the dollar since mid-September.

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  • France’s Macron Discussed Twitter Content Rules in Meeting With Musk

    France’s Macron Discussed Twitter Content Rules in Meeting With Musk0

    Emmanuel Macron said he had a “clear and honest” discussion with Twitter owner Elon Musk about the social media platform’s content moderation policies, just a day after the French president had flagged his concerns on the issue. “Transparent user policies, significant reinforcement of content moderation and protection of freedom of speech: efforts have to be

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  • Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus

    Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus0

    U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little changed, S&P 500 Futures eased 0.1% and Nasdaq 100 Futures dipped

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  • Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low

    Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low0

    Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although dovish signals from the Federal Reserve pushed the dollar to a three-month low. Regional currencies were also set for strong gains this week as the Federal Reserve flagged smaller interest rate

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