BANGKOK, July 15 (Reuters) – Bets on all Asian currencies firmed at fresh multi-year highs, as sky-high inflation dampened sentiment on fears of a slowdown in sharply rising interest rates, a Reuters poll showed. Short positions in the Thai baht, Philippine peso and Singapore dollar were at their highest level since 2018, when the data … Read more
Thursday, June 2 Here is what you need to know: Rising U.S. bond yields continued to hit the greenback on Wednesday, and the US Dollar Index (DXY) recorded the biggest one-day gain in a month. DXY remains below consolidation levels below 102.50 as it converts to ADP Private Sector Employment Report and US Department of … Read more
Yesterday’s Market Pack After a bit of improvement on Tuesday, the focus shifted to yesterday. The downturn has resurfaced in stock markets and cryptocurrencies. Although the risk is not high, European stocks close with some small gains. Commodities have also made some gains in the past, and US WTI crude oil has returned more than … Read more