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Top News In Forex Markets Today - Breaking & Trending Today
Hong Kong-listed shares of Chinese electric vehicle maker Nio Inc jumped 20% in early trading, after its vehicle deliveries more than doubled in April. ....
The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, pushing the yen to a fresh 34-year low against the dollar.The BoJ has been a global outlier in sticking to an ultra-loose policy while other central banks pushed rates up as they fought against surging inflation causing a wide differential that saw investors push into other currencies. ....
The Bank of America is not bullish no any currency in Asia, leading the investment bank to deem the start of a "chaotic era" for these currencies. ....
Japanese Finance Minister warned against speculative currency market moves not reflecting economic fundamentals, repeating concerns over excessive yen declines. ....