Asian FX bears firm on Middle East tensions, hawkish Fed fears reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Investors maintained bearish bets on most emerging Asian currencies as an escalation of the Middle East conflict and prospects of higher-for-longer U.S. interest rates pushed them towards safe-haven assets, a Reuters poll found on Thursday.Short positions on the Indian rupee firmed to their highest since
Thai Minister upbeat ‘super digital wallet’ app will be ready in time for handout in Feb Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
Asian equities rallied on Monday as China announced new measures to support its ailing markets, while currencies were struggling for direction, with the Thai baht leading declines after local data pointed to an economic growth slowdown.