[ LONDON: The dollar edged towards its highest level this year against a basket of peers and U.S. share futures dipped on Wednesday ahead of a Federal Reserve policy decision, though trading was thin with many European and Asian markets closed. The dollar gained over 0.5% on Tuesday on all six currencies that make up … Read more
[ The yen languished near its weakest in decades on Thursday though the threat of intervention from Japanese authorities kept investors leery of pushing the currency to a new low, while Asian stocks rose ahead of a key U.S. inflation reading. Markets were largely rangebound ahead of Friday’s much-anticipated U.S. core personal consumption expenditures (PCE) … Read more
[ JAPAN Inc’s pursuit of overseas deals is set to accelerate as the country’s corporate giants come under pressure to boost capital efficiency and the central bank moves towards ditching policies that depressed the currency. A growing number of Bank of Japan policymakers are warming to the idea of rising interest rates when they meet … Read more
[ KUALA LUMPUR: The ringgit closed marginally higher against the US dollar today, supported by positive sentiment of a potential interest rate increase by the Bank of Japan in the near term, said an analyst. At 6 pm, the ringgit traded at 4.6840/6880 against the greenback from Wednesday’s close of 4.6845/6878. SPI Asset Management managing … Read more
