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Forex News Today: Forex Market News & FX Forecast


China’s Stock Index Near 5-Year Low After Moody’s Outlook Cut

Rating agency's downgrade of China outlook puts pressure on Beijing to impose more forceful measures to prop up stocks and…

5 days ago

Wealthy Families, Private Firms Moving Billions Out of China – NYT

Rich Chinese families and private companies have taken or sent an estimated $50 billion a month out of China this…

1 week ago

China State Banks’ Yuan-Buying Push ‘Hints at Rate Cuts’

The country’s big banks, suspected of often doing Beijing’s bidding, have continued buying yuan despite the currency rising

3 weeks ago

China-Saudi Sign $7bn Currency Swap Deal in Fresh Hit to Dollar

The People's Bank of China said the deal "will help strengthen financial cooperation" and "expand the use of local currencies"

3 weeks ago

Japan to Drop Quarterly Reports for Listed Businesses – Nikkei

Lawmakers in Japan area debating a move to allow listed businesses to report twice a year instead of having to…

3 weeks ago

Chinese Yuan Passes Euro to be the Second Top Trade Currency

Companies have been flocking to borrow from banks on the mainland because of their rock-bottom interest rates but most of…

4 weeks ago

Hang Seng, Nikkei Lead Asian Stocks Higher on Soft US Inflation

Hong Kong’s Hang Seng Index saw its best day in four months, while the Nikkei rose 2.5% and most other…

4 weeks ago

Bank of Japan Seen Ready to End Negative Rates in Early 2024

Analysts say the BOJ is looking for an appropriate time to raise interest rates. Many experts believe the policy change…

4 weeks ago

Nikkei Rises, But Hang Seng Slips Ahead of US Inflation Data

Asian markets were mixed on Tuesday, with stocks in China flat, while shares in Japan, Korea, Malaysia and Australia rose

4 weeks ago

China’s Money Market Chaos Shows Tight Mix of Economic Goals

Chinese authorities are investigating the chaotic stampede for short-term funds in the country's money markets last week, which stems from…

1 month ago

China Sees First-Ever Foreign Investment Deficit in July-Sept

Foreign firms are said to have pulled $160 billion out of the country over the past year and a half,…

1 month ago

Japan’s Nikkei Jumps, While Yen Stabilizes After Official Warning

Share average sees biggest rise in three weeks, while the currency – which dropped 1.7% on Tuesday – paused in…

1 month ago