The local currency had weakened notably against the greenback after President Yoon Suk Yeol declared a short-lived martial ...
US Fed Turns Hawkish, US Dollar Plummets, Pressuring Aluminum Futures] On the macro front, the US Fed announced a 25-basis-point interest rate cut to a range of 4.25%-4.50%, marking the third ...
The Korean currency opened sharply lower against the U.S. dollar Thursday, breaching the 1,450 won mark for the first time in ...
South Korean Finance Minister, Choi Sang-mok, said on Thursday that the officials will prepare foreign exchange (FX) ...
USD/KRW NDF broke to fresh highs above 1457 late in US trade on Wednesday, as the hawkish Fed cut boosted USD sentiment more broadly. Earlier, spot USD/KRW closed near 1439, but early trends should ...
This reading was below the market consensus of -0.4% ... said Harbour Asset Management fixed income and currency strategist Hamish Pepper. On the other hand, a more hawkish-than-expected message from ...
The U.S. dollar rose after the Fed cut interest rates by 25 basis points, as markets had priced, while making hawkish changes to its economic forecasts.
Iran's currency devaluation threatens Indian tea and basmati rice exports. The increased cost of imports may hinder sales of ...
“Every detail of the Fed was undeniably hawkish,” said Paresh Upadhyaya, director of fixed income and currency strategy at ...
Ripple launches RLUSD, a stablecoin backed by U.S. dollar reserves, for global financial use and seamless crypto transactions ...
market participants remain on the lookout for clear signals that could help stabilize sentiment heading into the next trading ...
U.S. stock markets got smashed on Wednesday while the U.S. dollar soared after the Federal Reserve dropped official interest ...