weakens
US Treasury yields boost greenback; yen weakens
RISING US yields supported the dollar on Tuesday (Jul 2), with low-yielding currencies such as Japan’s yen and China’s yuan feeling the pressure ahead of a speech by Federal...
Asia: Yen weakens further to put focus on Tokyo, Asian equities rise
THE yen extended losses to a fresh 38-year low on Friday (Jun 28), putting investors on guard for a possible intervention by Japanese authorities ahead of the release of...
Asia: Markets diverge, dollar weakens ahead of US inflation data
ASIAN markets were mixed on Tuesday as investors took a breather after the previous day’s rally and as they gear up for the release of key US inflation data...
US dollar weakens after producer prices data, falls below 153 against yen
THE greenback fell on Thursday (Apr 11) as weaker-than-expected US producer prices for March partly eased market concerns about persistent inflation, suggesting that even with recent strong economic data,...
Philippines stands pat on rate as inflation flares, peso weakens
THE Philippine central bank kept its benchmark interest rate unchanged at a 17-year-high amid resurgent inflation and recent decline in the peso. The Bangko Sentral ng Pilipinas left the...
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