Tuesday morning in Asia, the yen fell against its major counterparts as a rise in some Asian stocks reduced demand for the safe-haven Japanese currency. Some Asian stocks rose today as traders received a positive overnight lead from Wall Street, where all the major U.S. indices posted gains of more than 1 percent on encouraging
The US dollar and the Japanese yen edged higher against their major counterparts in early Asian trading on Monday as a slide in stocks across the Asia-Pacific region prompted traders to seek safe-haven assets. The dollar and the yen often strengthen in times of economic uncertainty as investors opt for lower yielding currencies. Asian stock
Monday morning in Asia, the euro plunged to multi-day lows against its US, Japanese and Swiss counterparts. The euro also declined against the pound and eased from near a 2-week low against the Canadian dollar, 4-day high against the NZ dollar and 6-day high against the Aussie. The euro slipped against the pound in early
UK’s sterling declined slightly after hitting new multi-day highs against its major counterparts in early Asian trading on Friday. Latest survey results published today by the GfK NOP organization showed that consumer confidence in Great Britain declined for the second consecutive month in April. The organization’s consumer confidence index fell to a reading of minus-16
Thursday morning in Asia, the New Zealand dollar eased from a 2-month high against the Aussie and a 2-day high against the US currency following an announcement by the RBNZ to hold rates unchanged at 2.5%. The kiwi also declined against the euro and the yen. The Reserve Bank of New Zealand left interest rates
