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US Fed rate hike spells doom for Asia FX
USD currency pairs in Asia FX are likely to continue their bullish trend as Asian currencies take a beating from rising interest rates....
Japan forex intervention props up yen
Japan's forex intervention looks to stem the yen's depreciation after Asia's worst-performing currency weakened to levels last seen in 1998....
Asian currencies take a beating as dollar strengthens
A trifecta of a strong US dollar, rising commodity prices and steep central bank rate hikes have weakened the outlook for Asian currencies....
South Korean won joins yen in freefall
US dollar strength, widening trade deficit and the monetary policies of major trading partners are dragging South Korea won lower. ...
Indian rupee depreciates to record low
India's twin deficits and rising interest rate differentials are accelerating rupee depreciation against the US dollar....
China’s yuan liquidity reserve pool to rival US dollar
Beijing is working with BIS, Indonesia, Malaysia, Hong Kong, Singapore and Chile for the yuan liquidity reserve pool....