FXMM - Asia

Japanese yen plunges, Chinese yuan jumps on US-China trade hopes

Japanese yen plunges, Chinese yuan jumps on US-China trade hopes

LONDON: The Japanese yen slipped and risky currencies flourished on Thursday as investors turned more optimistic that the United States will find common ground with...

Pound builds on recovery as election looms, Asia markets rise

Pound builds on recovery as election looms, Asia markets rise

HONG KONG: The pound edged up Wednesday to extend the previous day's rebound with Britain looking set for a snap general election, while investors brushed...

Pound suffers fresh pain as Brexit uncertainty takes grip

Pound suffers fresh pain as Brexit uncertainty takes grip

Hong Kong: The pound hit a two-and-half-year low Tuesday after British Prime Minister Boris Johnson threatened to call a snap election to push through Brexit,...

Sri Lanka rupee weakens amid fund outflows; stocks down

Sri Lanka rupee weakens amid fund outflows; stocks down

COLOMBO: Sri Lanka's rupee closed weaker on Monday, hovering near a seven-month closing low hit last week, as foreign fund outflows after the central bank's...

Yen gains from August turmoil; yuan set for worst month since 1994

Yen gains from August turmoil; yuan set for worst month since 1994

LONDON: The Japanese yen rose on Friday and is on track for its biggest monthly gain in three months as a global rush to perceived...

Yuan weakens, on track for biggest monthly decline since 1994

Yuan weakens, on track for biggest monthly decline since 1994

SHANGHAI: The yuan resumed its decline against the dollar on Friday and was on track for its worst month since China's currency reform in 1994,...

Aussie slips towards 10-yr low as U.S.-China trade hopes ebb

Aussie slips towards 10-yr low as U.S.-China trade hopes ebb

TOKYO: The Australian dollar slipped towards a 10-year trough while the yen hovered off its lows on Friday, as renewed hope that China and the...

Most Asian units set for monthly losses as trade tensions bite

Most Asian units set for monthly losses as trade tensions bite

Emerging Asian currencies were mixed on Friday with easing Sino-U.S. trade tensions helping export-driven currencies but broader concerns about global recession keeping other units under...

Sri Lanka rupee slips amid foreign fund outflow worries

Sri Lanka rupee slips amid foreign fund outflow worries

COLOMBO: Sri Lanka's rupee slipped on Tuesday amid worries over further foreign fund outflows after the central bank cut key monetary policy rates. Shares snapped...

Yen rises as investors flock to safe-haven assets

Yen rises as investors flock to safe-haven assets

The Japanese yen rose and 10-year Treasury yields fell on Tuesday as investors fled to safer assets amid worries the U.S.-China trade conflict would get...