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Recent Posts

  • Swedish textile recycler Syre to partner with Gap, Target as demand for sustainable clothing grows
    June 24, 2025
  • Uber stock rises as Waymo autonomous rides launch in Atlanta
    June 24, 2025
  • Uber, Waymo launch autonomous ride-hailing service in Atlanta
    June 24, 2025
  • January 15, 2025

Asia FX: Yen surges on BOJ rate hike bets; won unchanged after BOK hold

-- Most Asian currencies firmed slightly on Thursday, while the dollar retreated as mildly softer U.S. inflation data fueled expectations of lower interest...

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  • January 15, 2025

Beacon Roofing rejects QXO's $11 billion takeover offer

By Anshuman Tripathy (Reuters) -Beacon Roofing Supply on Wednesday rejected a $11 billion takeover offer from QXO, a new player in the building products distribution industry,...

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  • January 15, 2025

BofA sees shift in INR volatility amid RBI policy changes

Bank of America (BofA) analysts noted a shift in the trading behavior and volatility of the Indian Rupee (INR), attributing the change to a recent alteration in the Reserve Bank...

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  • January 15, 2025

Dollar weakens ahead of CPI release; sterling stable

- The US dollar edged lower Wednesday amid caution ahead of a closely watched US consumer prices report, while sterling weakened after a benign inflation release. At...

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  • January 15, 2025

USD strength is likely to persist in 1H25: UBS

-- The US dollar (USD) has entered 2025 in an impressive manner, with the dollar index (DXY) reaching 110, its highest level since late 2022. According to UBS...

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  • January 15, 2025

Japan finance minister flags action against excessive foreign exchange movement

TOKYO (Reuters) -Japan Finance Minister Katsunobu Kato on Wednesday reiterated that the government would take appropriate action against excessive movement on the foreign exchange...

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  • January 15, 2025

Yen rises on BOJ talk; dollar rally pauses ahead of US inflation test

By Rae Wee SINGAPORE (Reuters) -The dollar's towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched U.S. consumer inflation report due...

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  • January 15, 2025

Japanese yen rises after BOJ's Ueda says rate hike possible with economic progress

-- The Japanese yen strengthened on Wednesday after the Bank of Japan (BOJ) Governor Kazuo Ueda indicated that the central bank may consider raising interest rates if...

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  • January 14, 2025

Asia FX treads water, dollar stalls ahead of CPI data

-- Most Asian currencies kept to a tight range on Wednesday, while the dollar pulled back from over two-year highs as traders awaited key consumer inflation data that...

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  • January 14, 2025

Dollar's flying start to the year to reverse course in H2, UBS says

-- The dollar has started the year on the front foot, flirting with multi-decade highs, but strategists from UBS are backing a reversal in the second half of the year...

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