Traders are on alert for a rising risk of Japan intervening to support the yen, with a US jobs report later Friday looming as a potential catalyst for sharp moves in the currency. The yen is ...
The settlement number historically has been the best indicator of China’s currency intervention, as it captures the activity of both the PBOC and the main state commercial banks. December’s ...
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The settlement number historically has been the best indicator of China’s currency intervention, as it captures the activity of both the PBOC and the main state commercial banks. December’s ...
The Indian rupee has plunged to an unprecedented low of 87.29 against the US dollar due to US trade tariffs and global ...
The Swiss National Bank’s actions in the currency market were previously successful and officials won’t shirk from resorting ...
In this case, the BOJ calls up traders to ask about the price offer of the currency against the dollar. It’s a step short of an actual yen transaction that sometimes precedes intervention ...
“Nevertheless, with fundamentals robust, Taiwan’s economy is relatively well placed to ride through this near-term volatility,” with a lower risk for aggressive currency intervention from ...
"The Aussie could become really illiquid in that case, so that might be one scenario [that would warrant RBA intervention]." And, as mentioned, currency market anxiety around the Australian dollar ...
The yen stemmed its recent losses after government officials offered a verbal warning on potential currency market intervention, which saw traders adopt more caution in shorting the Japanese currency.
However, Chew added Taiwan’s economy is better positioned to weather short-term turbulence due to its strong fundamentals, and “a lower risk for aggressive currency intervention from the central bank.