5 articles tagged
India's rupee hit a new record low of 83.39 against the US dollar today, primarily due to strong demand from importers. The Reserve Bank of India likely intervened to slow the decline, amid concerns o
USD/JPY rebounded above 153.00, erasing Thursday's losses as US Dollar demand strengthened with stable Treasury yields. Technicals suggest bullish continuation.
The Japanese Yen strengthened against the U.S. Dollar after Japan's Finance Minister warned that authorities are monitoring currency markets with urgency.
The Canadian Dollar fell for a third consecutive day against the U.S. Dollar, with the USD/CAD pair nearing a seven-month high around the 1.4050 mark.
The Philippine central bank is allowing market forces to determine the peso's exchange rate, citing strong remittances and economic growth as key supports for the local currency.
