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Korea, Japan finance chiefs vow to tame rampant FX market volatility
17 Apr 2024 07:26 GMT
… Governors Meeting in Washington.
“Regarding foreign exchange market developments, the two ministers … amid prospects that the US Federal Reserve will maintain its high rates … event, assessed that the recent foreign exchange market volatility is “excessive,” …
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IMF Exec Conditionally Tolerates Forex Intervention
17 Apr 2024 05:49 GMT
… tolerated when excessive movements of foreign exchange rates are seen, an executive … volatility is excessive, where some FX (foreign exchange) intervention could be appropriate,… cut by the U.S. Federal Reserve receded following the recent releases …
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Foreign Exchange Market Growth 2024-2032, Industry Size, Share, Trends and Forecast
16 Apr 2024 04:44 GMT
… and FX Swaps, FX Options), and Region 2024-2032". The global foreign exchange … effect. Forex traders closely monitor central banks like the Federal Reserve and the … East and Africa
Foreign Exchange Market Trends:
The forex market has seen a …
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(LEAD) Finance chiefs of S. Korea, Japan vow 'appropriate steps' to curb FX market volatility
17 Apr 2024 01:25 GMT
… to great volatility in the foreign exchange market," the ministry said … SALE) (Yonhap)
Volatility in the foreign exchange market has grown recently after … data have boosted bets the Federal Reserve would delay interest rate cuts …
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FX options signal weak rupee outlook on Fed view, Middle East crisis
16 Apr 2024 10:25 GMT
… -seven rate cuts by the Federal Reserve this year on expectations that … for the rupee, Dhiraj Nim, forex strategist at ANZ, said.
The …
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Stocks, FX fall on Middle East tensions, fading Fed cut hopes
16 Apr 2024 09:57 GMT
NEW YORK, April 16 — Emerging market stocks and currencies fell today as tensions between Iran and Israel and diminishing hopes of a rate cut by the US Federal Reserve kept the riskier markets on edge.
The MSCI index for emerging market stocks shed 1.7 per …
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FOREX-Dollar hits 5-mth high, puts heat on yen; GDP helps yuan
16 Apr 2024 03:43 GMT
The dollar hit a five-month high against major peer currencies on Tuesday following hotter-than-expected U.S. retail sales figures, raising intervention worries as the yen languished at its lowest level since 1990. The Chinese yuan stabilised after …
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Japan prepared to take necessary steps on forex moves: finance chief
16 Apr 2024 02:23 GMT
Ministry of Finance. (Mainichi)
TOKYO (Kyodo) -- Japan is prepared to take all necessary steps to counter excessive volatility in the currency market, Finance Minister Shunichi Suzuki said Tuesday, the latest in a series of verbal warnings as the yen …
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FOREX-Dollar firms after hot retail sales, yen languishes; China data awaited
16 Apr 2024 01:25 GMT
… more questions about when the Federal Reserve could begin cutting interest rates … . dollar was again the strongest FX major on Monday."
The …
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Ping An targets top overseas PE managers, hedges FX risk
15 Apr 2024 17:28 GMT
… overseas.
In accordance with Chinese foreign exchange controls, institutions’ overseas investments are … first rate cut by the Federal Reserve.
“China is lowering rates too …