Asia – Rayrice Forex News

Asia posted steepest 6-month decline in FX stocks since 2015-2016.

Singapore, Aug 1, 2010 (FBC) – Asia’s foreign exchange reserves posted their biggest six-month decline in years, signaling policymakers’ determination to protect currencies from persistent downward pressure from a stronger US dollar. In the first half of 2022, total reserves fell by $372 billion, or 6.2 percent. In the six months to January 2016, it … Read more

FOREX Safety: Bend raises yen After PM fired, euro falls to equities

Yen’s flight to safety The euro dropped to a 20-year low to $ 1.00720. Stable or strong U.S. jobs data could boost the dollar – analysts say LONDON, July 8, 2010 (FBC) – Former Japanese Prime Minister Shinzo Abe was shot dead as he campaigned for a parliamentary election last Friday, raising questions about Yen … Read more