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via finance.yahoo.comMarkets

Asian currencies rangebound as dollar holds near 18-month high, yen slips

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Asian currencies remained largely rangebound on Thursday as the U.S. dollar held near an 18-month high, while the Japanese yen weakened as markets digested hawkish Federal Reserve minutes and fresh Japanese economic data. Before you buy NVIDIA: our AI model's…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralAsian currencies remain stable with a strong dollar as markets digest Fed minutes and Japanese economic data.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The U.S. dollar index was around 102.24, little changed, after rising 0.3% on Wednesday and remaining near its strongest level since April…
  2. 02The USD/JPY pair was around 158.15, up 0.05%, while AUD/USD fell 0.1% to $0.6957.
  3. 03Dollar gains were limited by expectations that the Fed will pause its tightening cycle this month.
  4. 04NZD/USD declined 0.2% to $0.5603 as markets digested hawkish Federal Reserve minutes and fresh Japanese economic data.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Australian Dollar/US Dollar FX Spot RateAUDUSDFX pair0.6954-0.05%today -0.11%Negative New Zealand Dollar/US Dollar FX Spot RateNZDUSDFX pair0.5600-0.09%today -0.07%Negative US Dollar IndexFX:DXYFX pair102.0600+0.03%today +0.22%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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