US Dollar Surge Hits Asian Markets - Newsweek
1 day ago · The strain of a stronger dollar has been visible in Asia's major stock indexes. Japan's Nikkei 225 fell 0.5 percent to 38,535.70, while Hong Kong 's Hang Seng plunged two percent to 19,435.95.
Stock market today: Wall Street weakens as its ... - Associated Press News
1 day ago · A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Nov. 14, 2024. (AP Photo/Ahn Young-joon)
Stock market today: Asian shares meander, tracking Wall ... - ABC News
2 days ago · The Thai baht has also weakened against the dollar since the U.S. election, as has the Chinese yuan, or renminbi, which now stands at 7.2245 per dollar and was trading at about 7 yuan per dollar ...
Indonesia Intervenes as Rupiah Nears Key 16,000 Per Dollar Level
23 hours ago · The dollar supply in the market is still decent, he added. The rupiah fell as much as 0.6% to 15,943 per dollar in early trading Friday. Bank Indonesia has said the rupiah’s fundamental level is ...
Dollar Surge Tests Central Banks Guarding Against Outflows
1 day ago · The strong dollar is also weighing on the region’s stocks, with MSCI’s Asia equities benchmark heading for its worst week since April. All this suggests a rocky few months ahead as central ...
Asian Currencies Hit 14-Month High as Fed Cuts Interest Rates
Sep 19, 2024 · The Bloomberg Asia Dollar Index rose 0.2% on Thursday, bringing the gauge to the highest since July 2023. The Indonesian rupiah and South Korean won led the gains, while the Malaysian ringgit...
Morning Bid: China 'bazooka' fizzles, dollar on the march
Oct 29, 2024 · Markets in Asia appear to lack clear direction at the open on Wednesday, with investors still digesting the news of a potential 10 trillion yuan fiscal boost from China, while weighing the...
Asian emerging market currencies come under pressure from strong dollar
Apr 16, 2024 · The South Korean won hit a 17-month low on Tuesday, breaching a major psychological threshold of 1,400 per dollar. It suffered the biggest drop among major currencies in the world this month,...
Asia wrap: The US Dollar wrecking ball - FXStreet
2 days ago · ANALYSIS | 11/14/2024 03:54:18 GMT. The relentless surge of the U.S. dollar is primed to cut a swath of carnage through Asia’s asset markets, leaving economic strain in its wake. Historically ...
Asia Day Ahead: US dollar on bid, Nikkei remains in rising wedge
1 day ago · Asia Open. The Asian session looks set for a slightly mixed open in today’s session, with Nikkei +0.98%, ASX +0.50% and KOSPI -0.48%. Risk sentiments will have the late-night bump in the US dollar to react to, thanks to less dovish Federal Reserve (Fed) Chair Jerome Powell’s comments, which seem to set the stage for a potential rate hold ahead. Above-target inflation and a resilient labour ...